How to Set Your Kids Up for Financial Success | How to Set Up a Custodial Investment Account

How to Set Your Kids Up for Financial Success | How to Set Up a Custodial Investment Account

One of the biggest thing we try to do for our kids as Fathers is set them up for a bright future. Many people try to save money for their kids for college or other reasons, but why use a bank savings account where you run into negative interest. You are throwing away money at that point.

Maybe you have never heard of custodial Investment accounts, I hadn't. It is an managed investment account for your kids with a great benefit including compounding interest and carries the growth rate of the stock market.

They are easy to start and a great way to your kids investing and learning about money. I'll show you how.

This is the 4th video in our Teach your Kids About Money Series

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