Hellow guys, Welcome to my website, and you are watching Investing For Kids (HOW TO GIVE THEM A HEAD START). and this vIdeo is uploaded by Rose Han at 2021-04-14T16:05:07-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Investing For Kids (HOW TO GIVE THEM A HEAD START) |
| Video Uploader | Video From Rose Han |
| Upload Date | This Video Uploaded At 14-04-2021 23:05:07 |
| Video Discription | If you have kids in your life, do your part to set them up for a bright financial future and help them get ahead. In this video, I'm going to cover the 4 types of accounts you can open for your kids, and the pros and cons of each. I'll also touch on tax considerations, plus how these accounts effect eligibility for financial aid to pay for college. Lastly, I'll share some tips on how to start educating and encouraging kids to invest in their future ***ATTENTION: I have a new Instagram and TikTok handle @itsrosehan *** That's my official account, and I will NEVER message you about investment schemes, so please be careful and block & report any scammers posing as me. TIMESTAMPS 0:01:24 - Terminology: Owner vs. Beneficiary vs. Custodian 0:03:28 - Roth IRAs for kids (aka custodial Roth IRA) 0:06:15 - 529 accounts 0:07:25 - Coverdell ESAs 0:09:45 - UGMA/UTMA brokerage accounts 0:11:40 - Pros & cons of each account 0:15:25 - Tips to encourage kids to save/invest __________ ***BOOKS I RECOMMEND 📚*** I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials) https://amzn.to/2VbJ1Pt The Little Book of Common Sense Investing (Jack Bogle's classic advice on index funds) https://amzn.to/32ewzjj InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett) https://amzn.to/2SLTYpn Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing) https://amzn.to/2SKyklt Rich Dad Poor Dad (#1 selling personal finance book of all time... need I say more?) https://amzn.to/2SJ6vtx Think and Grow Rich (the ultimate book on money mindset and wealth consciousness) https://amzn.to/37N2adc ________ ***MY FAVORITE MONEY TOOLS 🖤*** YNAB (I literally can't live without this budgeting app, so obsessed) https://www.youneedabudget.com/?ref=YkZbz4082iUstrX7&utm_source=customer_referral Wise (like Venmo but for international currencies - I use this app a LOT for my life in Mexico) https://wise.prf.hn/l/413jE0q Ledger Nano S (crypto storage hardware wallet, because "Not Your Keys, Not Your Crypto"!): https://amzn.to/3Ne37jy __________ DISCLAIMERS & DISCLOSURES ❤ This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Investing With Rose is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Thank you for your support! __________ SAY HI ON SOCIAL! 👋🏼 Website: https://www.rosehan.com Instagram: http://instagram.com/itsrosehan TikTok: https://www.tiktok.com/@itsrosehan Pinterest: https://pinterest.com/itsrosehan https://youtu.be/YCBf1lUQMyg |
| Category | Education |
| Tags | investing for kids | how to help kids get started investing | custodial accounts explained | custodial accounts for kids | investing to pay for college | 529 accounts explained | 529 account | roth ira for kids | custodial roth ira | coverdell esa vs 529 | coverdell esa explained | coverdell education savings account | utma account | utma/ugma account | utma vs 529 | utma account vs 529 plan | investing with rose |
