3 Money Accounts To Open For Your Kids
Want to set your kids up for financial success? Do these things today 💸
1. Open a taxable brokerage account (Fidelity, Schwab, Vanguard) and start investing for them. You can start small or invest whatever amount you’re comfortable with. Invest in S&P funds.
2. Open a credit card and add them to your account. This is called credit piggybacking and it’ll help them out in the future when they’re making bigger purchases.
3. Open a high yield savings account and show them you’re putting money inside. Normalize savings!
Aim for progress, not perfection. 🙂
-Steve
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