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012. Setting up your kids for financial success

Inside Out Money

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How to Motivate Your Kids to Save for College

"I'm just big on like every time a family member, like we've convinced most of our family members to like never give the kids anything. And they put money into their college fund or now I'm going to start pushing people towards this custodial account," he says. "When you're a kid, you don't really know that when you're five or six or seven or eight or even nine, you don’t know the difference on whether grandma spent $50 on you or $100 on you."

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