Kel Galavan

Because when you give them a healthy relationship with money and your independence, they are free.

They are free to have their own pension, their own lives, their own everything.

This is one that I don't think most people would have thought of.

So we are in this amazing world where we have this amazing education system.

And college is essentially free.

You don't have to necessarily do the American model where you're paying 60,000 a year to keep your kid in college, right?

Yes, it's not a cheap proposition, but we have a brilliant educational system.

And there is extra pressure on kids to do their Leaving Cert and go in and get a degree, maybe a master's, maybe a PhD.

But I want to throw out an idea.

What if...

You have two kids, right?

And one kid maybe gets a cert or a diploma and they're finished.

They're ready in a year or two years.

They don't even go to college at all, but they get a job and they start working.

Then you have the other kid and they maybe go on and they do a degree and do a master's and do a PhD.

That could take 10 years.

Whereas one person is out in the workforce and they have a six or eight or nine year head start.

And let's say they're a bit of a go getter and they have a good head on their shoulders and they're working hard.

Well, that's the bones of a decade of experience, pay rises, moving up along the ladder, testing out different careers.

And that can push you up along the pay scale very, very fast.