Welcome to the Stay Wealthy podcast with Taylor Schulte, as you may be noticing.

This is not Taylor Schulte. My name is Jeremy Schneider. I'm filling in for Taylor for five episodes

for the end of June and beginning of July. This is my second to last episode of the five.

And today we're going to be talking about investing for

kids, specifically I'm sharing whether you should be investing for your kids at all. Maybe it is not

right for you for various reasons. Four different strategies to use to invest for your kids,

how to optimize taxes and growth for those investments, and I'll also be answering

two questions from listeners. So if you have kids or grandkids, they've been wondering about the

different ways to financially invest for your future, this episode is for you. For all the links

and resources mentioned in today's episode, head over to you staywealthy.com

slash 161.

All right, let's first tackle the question about whether or not you should be investing for

your kids or grandkids at all.

And so many times I get really great earnest questions from parents or grandparents.

They want to do the best by their kids or grandkids.

And it's the most altruistic of goals.

They want to give their kids a better opportunity than they had.

You know, they know the massive power of long-term growth with compound growth

and investing.

And they want to get their kids

start as early as possible. But oftentimes it's not actually right for them to be investing yet

because their own finances are not in order. And so when talking about investing for kids,

...