Baby Proof Your Wallet: The Ultimate Guide to Preparing Financially for A Baby
The Personal Finance Podcast
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How to Build Wealth for Your Kids
If you do this over the course of the next 18 years, you'd have about $8,000 in that account if you got a 10% rate of return. If you did not contribute another dollar into that account from 18 all the way up to age 65 and it continued with that 10%. Your kids would have over $7 million inside of that brokerage account just from you putting 100 bucks a month every single month and an additional $500 bonus when you can. Not everybody can afford to do this, but if you just put even less than that, imagine how much this money can compound over time and how you can build wealth for your children. It's a very cool way to do
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