Wealthy people love passing these money secrets onto their children, while working people find out too late. Not you though.
source
Wealthy people love passing these money secrets onto their children, while working people find out too late. Not you though.
source
Input your search keywords and press Enter.
31 comments
I'm eager to start investing but not sure where to begin.
Hi Vivian, for my 2 and 4 years old: Index fund vs Variable Universal Life Insurance? I am about to sign up for a VUL for $150 each monthly but having seconds thoughts.
Is the VUL a better option vs an Index fund for my kids?
Your comments will be highly appreciated! Thanks
I invested in low-cost index funds or ETFs that track broad market indices, such as the S&P 500. These funds offer diversification for investors who prefer a hands-off approach and wants exposure to the overall market. I’ve grown my reserve notwithstanding inflation from $290k to $760k.
# 5 NICER SOP Forgery Proof Interdiction Legalese Trust to arbiter index monitor Deeds and Permission Ledger validate titles.
Thanks for sharing
If you open custodial roth ira for your kid and your kid works for you like household chores and you pay them, how do you file tax for that and is there a minimum income for your kid to file tax??? Thank you
life insurance!
The youngest you can add a kid as an authorized user is 13. They don’t allow you to do it for an infant
As a 50 year old man, this video really helped me make a brighter future for my children and future grandchildren!
Cringe
Which bank do you go through because I have credit cards and I have great credit score but none of them will let me add my kids on.
Also if your kid gets a scholarship you can just withdraw the money!
Helping your kids get rich by giving them a credit card to get them a credit score? Seriously? You should be having your kids avoid credit cards as long as possible and teaching them to live below their means with delayed gratification. Also, teach them how to save and invest for the long run.
You work for 42yrs to have $2m in your retirement, Meanwhile some people are putting just $20k in a meme coin for just few months and now they are multi millionaires I pray that anyone who reads this will be successful in life
Can the credit work with a child that's grow??
Can’t add my child as a user until he’s 15
You’re such a breath of fresh air positive energy and vibes while giving out abundance of knowledge thanks Vivian blessings queen
Great advice!! Parents need to do this for their kids!! It doesn't even take a lot of money, but more so the length of time. We are a new channel focused on persona finance for young adults. Just trying to help spread the education! Cheers!
What states have family trusts that continue into perpetuity and what types are subject to this type of trust?
With the way things are going with inflation still squeezing families in 2025 and markets swinging wildly, I've been thinking hard about how to give my kids a financial head start. It's not just about handing them money, it’s about setting up with a good studies and the right foundations.
I found this to be informative. I am hoping to make my children to be more independent. I had to be and that's how I will motivate them someday.
Buy income-generating assets early — Think dividend-paying stocks or rental property. If you bought just $150,000 worth of dividend stocks in 2020, by now your kid would’ve earned tens of thousands—and that’s without touching the principal.
I love this lady!
Thank you so much for sharing this information ❤
Generational wealth isn't about lottery wins, it's about consistent, smart strategies applied early. Starting an investment account for a child, even with small amounts, leverages time – their biggest asset
28year old. Got 375k in my trust fund. And $35k in my child’s school fund he is 9 months old. It should be 250-350k by the time he leaves for college. Also investing about 7 k a month still. Gonna do that for another 3-5 years then quit my film job to do something part time to be a more present daddy
The power of compounding is massive. If you gift a child the exemption limit of $19k when they’re born it could grow to $1.5 million (adjusted for inflation) by the time they’re 65.
Authorized user minimum age is 13…not newborn
Music ugh can’t hear
Can you post an update to the best accounts to set up for your child? Baby/toddler
So… Not being in USA the first 3 don't apply, but I'll look into the trust fund .