| Title | : | What are the Best Ways to Save Money for Kids? |
| Lasting | : | 5.41 |
| Date of publication | : | |
| Views | : | 11 rb |
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I love it Comment from : Charles Holmes |
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I did a utma/ugma All non gift card gift funds go into them Comment from : BSeneca |
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Your charts are based off of target date funds? Comment from : Ben K |
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Don't worry your child will probably start a shopify store at 2 and be selling courses by the time they're 3 they're getting younger and younger Comment from : Jerónimo Tomás |
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I literally just started accounts for my children yesterday after about a year of debate Great timing for this video I went the UTMA route after some personal research All I'm trying to do is save a nest egg using compound interest for my children when they get out of college And I used the chart they shared here so that if my kids don't use the money immediately they'd theoretically have $1 million each when they retire Yes, they have access to the money at age 25 in my state but I'm hoping that I can reinforce sound financial habits so they they don't blow it on something unfortunate Comment from : The Frozen Goat |
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How about just putting money in a separate Roth account with the child as beneficiary Comment from : Ken John |
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