2min chapter

Rich Habits Podcast cover image

18: Write-Offs Every Side Hustler & Business Owner Must Know

Rich Habits Podcast

CHAPTER

How to Set Your Son Up for Financial Success

A custodial Roth IRA is a Roth individual retirement account every dollar that you put into this account and invest towards the s&p 500 or really anything you want to invest toward but retirement is tax-free come retirement. You can use fidelity or vanguard there's also m1 finance i like them a lot. Once the money's in there all you got to know is ticker v o o just type into the search bar when you're looking for a stock v o o and put money into that that's the s&P 500You'll be uh but this is a really really good way to set him up financial success for the future. it even just through the Roth in the new

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode