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@mrsdowjones wants you to build generational wealth for your kids and here’s one avenue to do so! While you don’t have to do the exact amounts in this video (everyone’s budget is different!) the most important thing is to deposit consistently to take advantage of compounding interest. Custodial brokerage accounts are a great way to help kids get into investing early, teaching about money, and setting them up for access to wealth. And of course I will guide Zia to make wise financial decisions until and when it’s time to access the account! Make sure to check the laws of your state when setting up your custodial brokerage account as different custodial rules and gift taxes apply. What generational wealth questions do you have? #financeiscool #investingforbeginners #investingeducation #generationalwealthbuilding #familywealth #generationalwealthbuilders #custodialaccounts
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