7 Ways to Save and Invest for Your Kids and Teens
Money Girl
Macmillan Holdings, LLC
4.6 • 1.8K Ratings
🗓️ 21 September 2022
⏱️ 28 minutes
🧾️ Download transcript
Summary
When and how should you start investing for a child’s future or education expenses? Laura goes over 7 great ways to help save for your kids.
Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.
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Transcript
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| 0:00.0 | I receive many questions from parents about ways to invest for their children like this |
| 0:11.6 | one from Nisha B who says, thanks so much for your podcast. |
| 0:17.5 | It's a big blessing and I've been religiously listening to it for a few years now. |
| 0:23.5 | My question is, how do I open a crypto IRA or any other crypto account for my son who |
| 0:30.6 | is a minor with earned income? |
| 0:33.4 | Thanks so much for your kind words and excellent question, Nisha. |
| 0:38.2 | Today, we'll review various ways to invest for your kids and teens so they have a nice |
| 0:44.3 | financial head start in life. |
| 0:46.8 | So if you have kids or you want to be a parent someday, don't miss this important show. |
| 0:53.0 | I'll answer Nisha's question by covering seven savings options for kids, plus how they |
| 0:59.8 | should or shouldn't fit into your financial planning as the parent. |
| 1:04.6 | Hey, friends, and thanks for joining me this week. |
| 1:07.6 | My name is Laura Adams and I'm a personal finance expert who's been hosting the Money |
| 1:11.5 | Girl Podcast since 2008. |
| 1:14.2 | I'm also an author of several books, including my most recent title, which was an Amazon |
| 1:20.0 | on number one new release. |
| 1:22.5 | And I'd love you to check it out. |
| 1:23.7 | It's called Money Smart Solo Prenour, a personal finance system for freelancers, entrepreneurs |
| 1:29.9 | and side hustlers. |
| 1:31.7 | If you're building a business or want to earn more income, I hope you'll get a copy. |
| 1:36.9 | It's available as a paperback, e-book, or audiobook, grab it today. |
| 1:42.6 | My mission here on Money Girl is to help you get the knowledge and motivation to prioritize |
... |
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