How to Make Your Child Absurdly Wealthy for Absurdly Little
Your Money Guide on the Side
Tyler Gardner
4.9 • 2.4K Ratings
🗓️ 16 March 2026
⏱️ 52 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Open the account, automate contributions, invest in growth, and leave it alone. |
| 0:04.0 | Early similar to what we talk about doing with our own accounts. |
| 0:08.0 | Do that, and your kid will have millions of dollars by the time they retire. |
| 0:12.0 | Not because you paid for everything, but because you gave them 20 extra years of compounding that they can never get back. |
| 0:20.0 | Hello, friends, this is Tyler Gardner, welcoming you to another episode of compounding that they can never get back. |
| 0:25.8 | Hello, friends. This is Tyler Gardner, welcoming you to another episode of your Money Guide on the Side, where it is my job to simplify what seems complex, add nuance to what |
| 0:31.5 | seems simple, and learn from and alongside some of the brightest minds in money, finance, and |
| 0:37.4 | investing. |
| 0:38.2 | So let's get started and get you one step closer to where you need to be. |
| 0:43.3 | Welcome back to another episode of your Money Guide on the Side. |
| 0:47.3 | Today we're revisiting one of the most popular episodes we've ever done, |
| 0:51.8 | how to help your kid become a millionaire, or a multi-multi-millionaire |
| 0:56.5 | for very little. Last year's episode on this topic was one of the most listened to in 2025, |
| 1:03.6 | and the number one question I got wasn't, is this real? Or are you exaggerating? It was, |
| 1:10.6 | wait a minute. How big is that final number? And I get it. |
| 1:15.6 | Because when you hear that contributing $3,000 a year for a decade can turn into $3.6 million |
| 1:24.0 | by the time your kid is 65, it kind of sounds like financial clickbait. But I assure you, |
| 1:30.3 | it's not. I don't play that game. It's basic math. It's compounding over 55 years. That's 55 years |
| 1:38.7 | of growth you can't replicate if you wait until they're 20 to start. And when we tend to think about investing |
| 1:45.1 | and compound interest, we also usually think about our own timeline. If you're 30, you've got 35 |
| 1:50.8 | years until retirement. If you're 40, you've got 25. But if you start investing for your kid at birth, |
| 1:58.3 | they've got 65 years. That's 20 to 30 extra years of compounding you will never, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Tyler Gardner, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Tyler Gardner and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

