Tools Laid Out

Father's Day Financial Advice


Dads are full of advice – and most of it is much more elaborate than “Listen to your mother.” In honor of Father’s Day, we’re sharing some of our favorite bits of fatherly financial wisdom.

  • “A penny saved is a penny earned.”
  • “The extended warranty is where they get you.”
  • “Always save 10% of your paycheck.”
  • “Always negotiate your salary before taking a new job.”
  • “When investing in the markets keep it simple and stick to what you know.”
  • “Close the door! We’re not heating the whole neighborhood!”
  • “Understand your debts – know the difference between good debt and bad debt.”
  • “Save money now so you can create memories in the future.”

Need more insight? Let us be your guide.

Our national network of experienced financial advisors can help you create a personalized plan to help you identify financial goals and get you where you want to go in life.

Find an Advisor

This information is provided for informational and educational purposes only. Waddell & Reed believes the information has been obtained from sources considered to be reliable, but does not guarantee the accuracy of the information provided. This information is not meant to be a complete summary or statement of all available data necessary for making financial or investment decisions and does not constitute a recommendation.

Please note that the information provided may include references to concepts that have legal, accounting and tax implications. It is not to be construed as legal, accounting or tax advice, and is provided as general information to you to assist in understanding the issues discussed. Neither Waddell & Reed, Inc., nor its Financial Advisors give tax, legal, or accounting advice.

This information is not meant as financial or investment advice pertaining to your personal situation. The selection of appropriate investment, insurance or planning options and/or strategies should be made on an individual basis after consultation with appropriate legal, tax and financial advisors. Nothing contained herein is intended as a solicitation or an offer to buy or sell any product or service mentioned and they may not be suitable for all investors.

Securities offered through Waddell & Reed, Inc., Member FINRA/SIPC, are not insured by FDIC, NCUA or any other government agency, are not deposits or obligations of the financial institution, are not guaranteed by the financial institution, and are subject to risks, including the possible loss of principal. Insurance products are offered through insurance companies with which Waddell & Reed has sales arrangements. Guarantees provided by insurance products are subject to the claims-paying-ability of the issuing insurance company.

Market Data powered by Wikinvest. Data is provided as-is, delayed, and subject to Terms