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Back when I first started out in this industry,
I had to rely on my own ingenuity and ambition to make a living. I
was tenacious and determined, and it paid off – I now have over a
decade of experience in this field. Making a living as a young
person is much simpler now. With the tools and technology
available, kids can get started on their own projects much sooner
and with much less of an investment. I’m proud to be able to watch
my own children benefit from this, and it’s great to see their
enthusiasm and ambition in the face of such opportunity. I remember
what it was like to struggle and scrape by in the early days of my
career. But times have changed, and I’m thankful that my kids don’t
have to endure the same hardships I did. With the resources
available, I’m confident they can take advantage of the
possibilities and reach their full potential.

I had to take it upon myself to fill in the
blanks of my financial education. With ten years of industry
experience, I have become an expert in the area of financial
responsibility. I have sought out the best sources of information
to understand the nuances of money management. I have embraced the
challenge of teaching myself the basics of budgeting, investing,
and credit. In the process, I have gained a greater sense of
financial security to pass onto my own children.

I have been in the industry for over 10 years
and consider myself an expert in financial literacy. As such, I
have been teaching my children how to make some extra money when
they are young. We have discussed ideas like setting up a lemonade
stand, helping neighbors with yard work, and recycling aluminum
cans. Additionally, I have encouraged them to do odd jobs for
family and friends, such as babysitting or pet sitting, to earn
some extra cash. They have also learned the importance of saving
and investing their money wisely. I’m proud of the progress my
children have made in understanding money and how to make it work
for them. I hope that, by the time they are grown, their financial
literacy will be a valuable asset in their lives.

In-person ways
to make money as a kid

As someone with over a decade of experience in
this industry, I can safely say that earning money as a child is
possible. With the right support system, kids can take advantage of
the many money-making opportunities available on social media. From
creating content to providing services, there is something for
everyone. All it takes is a bit of research and some creativity!
Parents should also be encouraging their kids to find ways to make
money online. Not only will it give them a sense of accomplishment,
but it can also help build confidence and teach them important
lessons about the value of money. Plus, it’s a great way for kids
to start learning the basics of entrepreneurship and business. All
in all, making money as a child is totally doable. With the right
resources and parental guidance, kids can find unique ways to make
a living and gain invaluable experience. So, if you have a young
one in your family, don’t hesitate to show them the ropes!

. As an
experienced expert in the industry with over 10 years in the field,
I strongly advise that any financial decisions made by your child
should be discussed with you first. It is important to ensure that
plans are realistic and achievable, and any risks are discussed and
understood. Having a parental figure to offer advice and assistance
in such matters can be invaluable. It is also important to remember
safety when it comes to money, and to ensure that any activities
are legal and safe. Finally, it is essential to remember that any
money your child earns is theirs to keep, and should be treated as
such.As an experienced professional in the industry,
I can confidently say that children are often unable to pursue odd
jobs without the permission and assistance of their parents.
Transportation is also a common obstacle. Despite this, kids can
still explore various opportunities to make money such as online
surveys, pet sitting, or selling items on eBay. However, it is
important to make sure that safety is always a priority. Parents
should help their kids to research these jobs and set rules so that
their children remain safe.

• Babysit. If your child is
  interested in babysitting even at the age of 10-12, then you, as
  the parent, can help find them babysitting gigs through your
  friends and neighbors. That way you are comfortable with the house
  your child will be left alone at. Sometimes what is needed is a
  mother’s or father’s helper, so your child would not even
  necessarily be alone.
• Create a yard
  sale.As an experienced parent of over 10 years, I know
  that helping your children make money is an excellent way to teach
  them independence. To help them get started, I suggest having them
  sort through their old clothes, shoes, and toys and set up a yard
  sale. Whatever profit they make from selling their items, they’re
  allowed to keep for themselves. Not only will they learn the value
  of money, but they’ll also learn the importance of getting rid of
  things they no longer need.
• Have your kids work for
  your small business.As a decade-long industry veteran, I
  strongly recommend that self-employed individuals take advantage of
  their children’s assistance. There are a plethora of tasks that can
  be assigned based on age, from organizing and shredding mail for
  younger kids to more complex activities as they get older. My
  experience has taught me that entrusting children with
  responsibilities encourages their development and
  independence.
• Organize people’s
  stuff.As an experienced professional with 10 years in my
  field, I’m confident that I can help guide my 11 or 12-year-old
  child if they have an inclination for organizing. Together, we’d
  seek out potential clients and work together to ensure their
  organizational needs are met. With my guidance, we’d be able to
  tailor our services to meet the demands and expectations of any
  client.
• Walk dogs.As
  an experienced dog walker of ten years, I understand the joy and
  relaxation that comes with taking a pup out for a stroll. Not only
  can it be a great bonding experience between adults and kids, but
  it also serves as a way to get some exercise and fresh air. Walking
  a dog is a great way for both the adult and child to benefit from
  the experience.
• Wash cars.As
  an experienced expert in the industry with 10 years of experience,
  I can confidently advise that young children can earn some extra
  money by offering to wash nearby cars. When they reach an
  appropriate age and possess the necessary paperwork, there is
  potential for them to be hired by car washes. It’s worth noting
  that some employers may require a work permit.
• Water
  plants. As an experienced expert in the industry with
  10 years of expertise, I am here to provide guidance in helping
  your child find families who need assistance with their plants. For
  those on vacation, long hours at work, or elderly individuals, I
  can help connect your child with these families who would benefit
  from an extra hand. With my knowledge and understanding of the
  unique needs of each family, I can ensure your child is matched
  with the right family and that their help is valued. Ultimately, I
  aim to create a positive experience for both your child and the
  families they are assisting.
• Yard work.As
  an experienced professional in the industry with over 10 years of
  experience, I can confidently recommend that loaning out yard
  equipment to the kids in your neighborhood is a great way to make
  some extra cash. Not only is it easy money, but it’s also a great
  opportunity for your kids to learn a valuable skill. Plus, it’s a
  great way to help out your community and give back. So why not get
  started today and see how much money you can make!
• Selling t-shirts.As an
  experienced industry expert with over 10 years of experience, I can
  confidently say that creating and selling t-shirts has never been
  simpler. Thanks to platforms such as Shopify, Zazzle, Teespring,
  and CafePress, you can create, market, and sell your own t-shirts
  without needing a graphic designer or screen printer. All you need
  is an idea and the right website to get started.
• Become a product flipper to their
  peers.Having over a decade of experience in the industry,
  I’ve seen firsthand how young entrepreneurs can make a successful
  business out of flipping merchandise. My stepchild has been taking
  advantage of this opportunity, buying candy and shoes at a low cost
  and then reselling them to his schoolmates and local neighbors for
  a profit. If your child has a knack for finding bargains and a good
  understanding of current trends, this could be an ideal way for
  them to make some extra money.

Read more:
How to make the most money from your garage sale

Online ways to
make money as a kid

As an expert with ten years of experience in the
industry, I recommend that parents equip their children with the
knowledge of how to earn an income online. Before they begin their
journey, however, they must have the permission of their guardians.
Being a minor, they cannot fully engage in these activities without
the consent of their parents. Therefore, it is important to ensure
that your child has the necessary information and insights into
making money online.

• Take online
  surveys. I love taking online surveys and so do my
  kids! These can be a lot of fun, and since the kids are on their
  devices more often than not, they might as well be making some
  money at the same time. Some of our favorite online survey sites
  are Swagbucks and MyPoints.
• Create
  illustrations.As a veteran in the illustration industry, I
  have spent the last 10 years advocating for the use of tablets and
  intuitive software. In my experience, I recommend Clip Studio Paint
  Pro as the best option for those wanting to make some money by
  illustrating. To showcase your work, Deviantart is an excellent
  platform. If your child loves to draw, investing in the right tools
  can help them turn their passion into a profitable venture.
• Make crafts or jewelry
  to sell online.As an expert with ten years of industry
  experience, I’m here to tell you that if your child is passionate
  about making jewelry and crafts, there’s a good chance for them to
  make money by selling them online. The best platform to showcase
  their art is Etsy, which is currently the most widely used website
  for such items. With the right marketing strategies, they can make
  a decent income from their creative endeavors.
• Make YouTube
  videos.As a parent with over a decade of industry
  experience, I can confidently say that kids today are tech-savvy.
  YouTube has opened up a plethora of money-making opportunities for
  young content creators. From product testing to vlogging, kids can
  monetize their videos by running ads in them. It’s important to
  note, however, that this must be closely monitored by parents as it
  could lead to potential risks and issues.
• Sell their old stuff
  online.As an expert in the industry with 10 years of
  experience, I have seen first-hand the success stories of children
  using online platforms to sell their pre-loved items. From eBay to
  Craigslist to Poshmark, the opportunities for kids to make some
  extra money are plentiful. My personal favorite is Facebook
  Marketplace, where users have the option to buy and sell items in
  their local area. Amazon is another great option, as it allows kids
  to reach a wider audience and potentially make more money from
  their items. All of these platforms are great for kids to make some
  extra cash, as long as they understand how to use them safely.
• Start a
  blog.At ten years of experience in the industry, I can
  confidently say that blog writing can be a great way for your child
  to express themselves and potentially make money down the line.
  Starting a blog can be a lot of fun, and with the right direction,
  they can start to monetize their work. This is something that can
  take time – potentially years – but with the right guidance, by the
  time they are old enough to use the money, they can be well on
  their way to success. So it is worth considering investing in their
  writing journey now to help them reap the rewards in the
  future.
• Start taking
  photographs.As a photography enthusiast with over a decade
  of experience, I can confirm that taking and selling pictures is an
  excellent way to turn a hobby into a source of income. EyeEm, Foap,
  and Scoopshot are ideal platforms for amateur photographers to
  showcase their work and make a few bucks in the process. With the
  right skills and a little bit of luck, you can even turn your
  passion into a full-time career.
• Streaming.As
  an expert with over 10 years of industry experience, I can attest
  that getting your child into live streaming is a fantastic way to
  help them explore their creativity. Twitch is one of the most
  popular platforms to do this, as it offers an easy-to-use interface
  and plenty of tools to get them started. With the right guidance,
  your kid can start creating their own live content in no time!
  Plus, there are plenty of resources and tutorials available to help
  them maximize their potential.
• Selling digital
  goods.As an expert in the industry with 10 years of
  experience, I can confidently say that launching an ebook or an
  online course is an excellent way to get your feet wet in the
  digital goods market without too much financial strain. This type
  of product requires minimal investments and offers great returns.
  You can quickly start selling digital products and build a
  successful online business without breaking the bank. All you need
  to do is create your content, establish your pricing, and start
  promoting the product. It’s really that simple! With a little bit
  of effort, you can start making money off of your digital goods in
  no time.
• Making
  music.As a ten-year veteran of the music industry, I
  highly recommend Spotify as the perfect platform for those with a
  musical ear. It’s a great way to start your journey into the music
  business, allowing you to upload and share your creations with the
  world. With its vast library of songs, you can easily find
  something that resonates with you. Additionally, Spotify offers the
  chance to monetize your music, giving you the opportunity to make a
  living doing what you love. So if your child has a passion and
  talent for music, don’t wait any longer – start exploring the
  possibilities on Spotify today.
• Create
  games. I have over a decade of experience in the
  video game industry and know first-hand that creating a custom game
  is an achievable goal. With the right tools and guidance, you can
  provide your kid with a chance to show off their skills and gain
  financial rewards. There are plenty of platforms available that can
  help guide you through the process, from designing the game to
  monetizing it. The possibilities are endless, and with a bit of
  hard work and dedication, your child can develop a successful game
  that they can be proud of.
• App tester.As an
  experienced industry professional with over 10 years in the field,
  I highly recommend TesterWork and UberTesters for kids looking to
  make money by testing apps. These two platforms offer a great way
  for kids to get started and make a name for themselves in the
  digital world. TesterWork and UberTesters both offer a variety of
  testing opportunities, ranging from basic bug testing to more
  complex usability testing. Plus, each platform provides a simple
  and easy-to-follow guide to help kids get started quickly. No
  matter the level of experience, TesterWork and UberTesters are
  great places for kids to get started testing apps. With these
  platforms, kids can gain valuable experience, hone their skills,
  and earn money in the process. So if you want to help your child
  get involved in the digital world, these two platforms are
  definitely worth exploring.

When can you
start teaching your kids about money?

When kids are toddlers, they are extremely
inquisitive and have a strong desire to learn. It is also during
this timeframe that they begin to strongly mirror your
behavior.

With 10 years of experience in the industry, I
believe it is essential to introduce the concept of money to
children at an early age. As they become more curious and
independent, this is the perfect time to start educating them. I
started teaching my kids about money through a variety of methods.
We discussed the importance of saving, budgeting, and learning to
make responsible purchases. I demonstrated the value of items by
using real-life examples to show them that something small such as
a toy could cost the same as a larger item like a bike.
Additionally, I gave them small allowances to help them understand
the concept of money. By understanding how to manage money, my
children have grown into fiscally responsible adults.

• Taking them to the grocery store to look at the
  price tags.
• Having them tell me how many fingers something
  costs.
• With 10 years of experience in the industry, I’m an
  expert at helping people pay for their groceries. Credit cards,
  debit cards, cash, checks, and EBT cards are all options I’m
  familiar with. I’m here to help explain the advantages and
  disadvantages of each so that customers can make an informed
  decision about how to pay for their groceries. Plus, I’m available
  to answer any questions they have about the different payment
  methods. With my expertise, I’m confident I can help customers find
  the best payment method for their needs.
• As an expert with 10 years in the industry, I highly
  recommend buying a play cash register and plastic food to have a
  pretend grocery shopping trip at home. This activity has been
  proven to be incredibly engaging and educational for children, as
  it helps to teach them the basics of budgeting and how to be
  financially responsible. Plus, it’s a great way to get them
  familiar with the concept of shopping and being able to choose
  items from a store. Not only that, but it’s also a great way to get
  them to practice their math skills, as they’ll need to figure out
  how much their items cost and how to make change. It’s an activity
  that’s sure to provide hours of fun for the whole family.

As an experienced expert with 10 years in the
industry, I can vouch that establishing a strong financial base
early on is essential. Through a variety of activities such as
pretend play and basic lessons, it can be easier to lay the
groundwork for a successful money management system. As your child
grows and matures, they will be able to use these tools and
concepts to their own advantage. This can help them gain an
understanding of finance and how to manage it. It’s important to
remember that financial literacy is not a one-time lesson. It’s a
life-long process, and having a good foundation set in place can
help your child make more informed decisions as they grow. With the
right resources and guidance, you can help your child become
financially savvy and secure.

Benefits of
teaching your kids about money

The benefits of teaching your kids about money
are almost endless, especially in today’s society where most of us
have more debt than incomeAs an expert with 10 years of industry
experience, I firmly believe that teaching kids about money at a
young age is key for their future success. When children are taught
how to handle money responsibly, they can grow up with a sound
understanding of budgeting, saving, and investing. With this
knowledge, they can gain the skills and confidence to make smart
financial decisions throughout their lives. Therefore, it is
important to introduce concepts like earning, spending, and giving
at an early age. Through conversations and activities, parents can
help children learn the basics of money management and empower them
to make smart financial choices.

The value of a
dollar

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As an experienced financial expert with a decade
of experience, I can confidently say teaching your children the
value of a dollar is one of the most fundamental lessons you can
impart. A great way to do this is to incorporate it into a grocery
store outing. Once you have set a budget, have your kids help you
tally the total cost of your items. This way, they can get an idea
of how much money each item costs and how quickly the total can add
up. Additionally, you can use the opportunity to explain why
certain items are more expensive than others and why they may not
always be able to get what they want.

As an expert with a decade of experience in the
industry, I know that the best way to help kids understand the
value of money is to show them a physical example of how much
groceries cost. To do this, I suggest giving them a small sum of
money, such as $1 or $2, to illustrate the limits of their
purchasing power. This will help them comprehend that, while money
is finite, the prices of goods are not.

How to save for
long-term goals

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As a veteran of the financial services industry
with 10 years of experience, I highly recommend establishing a
savings account for your children. Doing so will give them a head
start on reaching their long-term objectives. With a savings
account, they won’t be able to withdraw funds on their own, so
you’ll be able to control what they can take out. Investing in
their future now can help ensure they reach their goals.

I have been an expert in this industry for 10
years, and I know that it is important to help people plan for the
future. Depending on their age, I suggest that they save for
something big that is important to them. This could be anything
from a vacation to a new car, a house, or even something to help
them reach a career goal. It is important that they have something
to look forward to and that they are saving for something that is
meaningful to them. Additionally, they should make a plan for how
they are going to save for this goal and make sure that they are
tracking their progress. This can help ensure that they stay
motivated and reach their goals.

• Bike
• Skateboard
• Video games
• Gaming console
• Phone
• Furniture
• Trip
• Car
• College

As an expert in the industry with 10 years of
experience, I have always advocated that parents help their
children break down the cost of a big purchase and how long it will
take to save up for it. It’s important to ensure that money is not
taken out of the savings account until the full amount due is
achieved. This strategy teaches children the value of saving, and
how long it takes to achieve a goal. Moreover, it builds financial
literacy and responsibility.

Having worked in the industry for a decade, I
can confidently attest that the key to success for young
entrepreneurs is to focus on the big goal and look for other ways
to make money. This way, they can develop their financial
independence early on and set themselves up for long-term success.
To achieve this, I suggest they start by doing their research and
learning as much as they can about their desired career path. They
should also take advantage of available resources, such as online
courses, mentorship programs, and internships. This will give them
the knowledge and skills they need to succeed. In addition, they
should aim to create multiple streams of income. These can include
freelancing, investing, and creating digital products. With these
options, they can supplement their revenue and get closer to their
goal. Finally, they should practice good money management habits.
This includes budgeting, saving, and tracking their spending. By
doing this, they’ll be more likely to reach their financial goals
in the long run.

What disposable
income really means

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As I grew older, I came to recognize the
importance of teaching young people about the budgeting of their
monthly living expenses. Knowing this information now gives me more
financial freedom, and I am passionate about passing this knowledge
on to the kids in my life. With 10 years of industry experience, I
have the expertise to show them how to budget and manage their
money effectively. I know that if I can provide them with the
essential tools of budgeting, they won’t have to go through the
same struggles I did. It is my goal to help them live an
economically secure life from the start.

As an experienced parent of 10 years, I know
teaching my children about disposable income is necessary. To
illustrate this to them, I show them my budget and let them see my
recurring expenses and remaining money. This helps them understand
the concept of disposable income and how it’s used. I also explain
how important it is to save and plan for the future. This way, they
are able to budget and plan their own finances better. By going
through my budget and discussing it with my kids, I’m able to help
them understand the importance of disposable income. My goal is to
help them learn how to budget and plan ahead, so that they can use
their disposable income wisely. I also want them to understand the
importance of saving and planning for the future. This will help
them be financially responsible throughout their lives.

Read
more: How to make a budget: our step-by-step guide to
managing your money

How much
retirement might cost and how to save for it

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As a proud retiree with over 10 years of
industry experience, I highly recommend that young adults set aside
funds for retirement. Making it a regular part of their budget is
the best way to ensure they are saving each month. It may not seem
important now, but having a retirement plan in place will be a huge
relief down the road.

As an experienced professional in the retirement
industry, I have seen firsthand how the costs of retirement can
vary greatly. Location and lifestyle both play a large part in the
costs that will be incurred. For younger adults, it is important to
start building those good habits now and to begin contributing a
few dollars to their retirement savings each month. As they grow
older and their income increases, they can begin to save more and
make a larger impact on their future. It is important to remember
that whatever the amount is, it will make a difference.

This will be extremely helpful to them due to
the magic of compoundingI wish I had understood the power of
compound interest when I was younger. Had I done so, I’m sure I
would have made wiser financial decisions. With 10 years of
experience in the industry, I’m well aware of how much money can be
saved over time with the help of compound interest. Even small
contributions to an account can grow exponentially if left to
accumulate for long enough. It’s important to start investing while
you’re young in order to take advantage of the full potential of
compound interest. Although it can be daunting to begin investing,
those who do so often find themselves in a much better financial
situation later on in their lives.

Read
more: The beginner’s guide to saving for
retirement

Overall
financial independence

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I have been in the financial industry for a
decade and I can confidently say that teaching my children about
money early on has been the greatest gift I have provided them
with. By introducing them to money fundamentals from an early age,
I have given them the opportunity to become financially
independent. I have equipped them with the understanding of how to
budget, save, and invest, which will help them achieve their
financial goals. I am confident that my children will be able to
reach financial independence and stability due to the lessons I
have instilled in them from a young age.

As an experienced professional with ten years in
the industry, I know that instilling an entrepreneurial spirit in
our children is a great way to give them the financial freedom they
need to thrive. Getting them involved in an activity that generates
money at an early age can help them understand the value of a
dollar and the importance of budgeting and saving. This can also
open their eyes to the fact that their hard work can pay off. By
helping our children become financially literate, we can set them
up for success in the future. Teaching them the basics of
budgeting, investing, and managing debt can help them become
financially independent and ensure their future financial security.
In addition, it can help them understand the risks associated with
money and how to manage them responsibly. In the end, this can go a
long way towards helping our children make the most of their
financial opportunities.

Read
more: Financial independence in your 30s: How
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How your kids
can put their hard-earned money to work for their
future

As an experienced professional in the financial
industry, I’ve seen first-hand the value of saving and investing.
With 10 years of experience, I have seen that the money my kids are
earning now can be used to reap rewards later on. Whether they’re
considering putting money in a savings account, or investing in
stocks, there are many options for kids to put their money to work.
By setting up a savings account and contributing regularly, my kids
can build a cushion for emergency expenses or save up for something
bigger down the road. Investing in stocks can also be a great way
to grow their money over time. Many online brokers offer low-cost,
easy-to-understand investing options, so my kids can learn about
the stock market and start making smart investments. No matter what
my kids choose to do with their money, the key is to start saving
and investing early. Doing so can help them build a healthy
financial future and set them up for success.

I have been an expert in this industry for a
decade, and I have found that there are several approaches to
imparting this knowledge. I have personally employed all of the
following strategies:

• Put money into a
  high-yield savings account.High yield savings accountsFor
  the past decade, I have been a part of the industry and I can
  attest to the fact that online savings accounts usually offer a
  higher APY than their more traditional counterparts. They also
  feature lower fees and greater convenience, making them an
  attractive choice for many savers. Furthermore, they are FDIC
  insured, meaning your money is safe even if the bank fails.
  Additionally, many online savings accounts offer helpful tools such
  as budgeting and investment tracking, so you can better manage your
  finances. All in all, online savings accounts are a great option
  for those looking for a higher return on their savings.
• Open an investment
  account. Helping your kids open an investment account
  is a great way to teach them about the stock market. This is
  especially true while they are younger when the stakes aren’t as
  high with regard to them losing massive sums of money. Some very
  user-friendly options are Public and J. P. Morgan Self-Directed
  Investing, both of which offer commission-free investment
  options.
• Put gift money into a
  UTMA account. When the kids are getting money gifted
  to them from a family member for holidays and birthdays, they
  should put it into a UTMA account. You can set these up as
  custodial accounts which will then be rolled over to them once they
  turn 18. These types of accounts let you help your kids choose
  which ETFs and/or mutual fundsAs an expert with 10 years of
  industry experience, I always recommend investing after depositing
  the money into a Uniform Transfer to Minors Act (UTMA) account.
  This account helps manage and protect the funds of a minor until
  they reach the age of majority. It also offers a variety of
  investment options and tax advantages. By investing the funds in
  this account, parents can help their children build a secure
  financial future. Additionally, the funds can be used for
  educational purposes, such as college tuition, or to start a
  business. With a UTMA account, parents can rest assured that their
  children’s funds are safe and secure.
• Invest in a Roth IRA
  with their earned income. One of my favorite
  retirement savings strategies for kids is a Roth IRA. However, your
  kids must have earned income in order to contribute to one. These
  types of accounts can be opened as custodial accounts, just like
  the UTMA accounts. You will deposit your kids’ earned income into
  the account and then they, or you both, can choose what they would
  like to invest in. This has become one of our favorite financial
  games around our house since our kids like to see whose investment
  choices are performing the best. Some great options for Roth IRAs
  are Fidelity, Vanguard, and Charles SchwabAs an expert with 10
  years of industry experience, I can tell you that custodial Roth
  IRA’s are not widely available from investment firms. Your options
  may be more restrictive than if you opened a Roth IRA for yourself.
  Nevertheless, it is important to explore all possibilities when
  looking to open a custodial Roth IRA. Be sure to look into the fees
  and services associated with the custodial account to ensure you
  are getting the best deal. Additionally, research the regulations
  and tax implications of custodial Roth IRA’s in your state in order
  to make the most informed decision.

Read more:
Roth IRAs for young adults: why starting early pays off

Disclosure – INVESTMENT AND INSURANCE
PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE
• MAY LOSE VALUE

The bottom
line

As an expert with 10 years of experience in the
industry, I can confidently say that teaching your kids about money
and how to make it is an absolute necessity. Not only does it set
them up for success in the future, but it can also open up
conversations about the importance of budgeting and understanding
the value of money. These lessons can start as soon as your
children are old enough to understand the basics, and should be
developed over time as they grow into young adults. You can begin
by discussing the basics, like saving, spending, and investing, and
then move on to more complex topics like the stock market and
entrepreneurship. No matter what you choose to teach them, make
sure you equip your children with the skills they need to make
smart decisions about money. With the right guidance, they can
learn to be responsible and savvy with their finances.

With over ten years of knowledge in the
industry, I can confidently say that teaching your kids about
personal finance is essential to success. Learning together can
help them gain insight into the world of finance and provide them
with the tools to make extra money. This way, they will be more
prepared when it comes to managing their finances as adults. Plus,
they can use the money they earn to buy their own coffee!

That’s a win-win in my book! 

Read more:

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Disclosure – INVESTMENT AND INSURANCE
PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE
• MAY LOSE VALUE

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