What Juneteenth Teaches Us About Building Generational Wealth
🎉 On June 19, 1865, news of emancipation finally reached the last group of enslaved African Americans in Galveston, Texas—more than two years after the Emancipation Proclamation. Today, we recognize Juneteenth not only as a celebration of freedom but as a continued call to action for justice, equity, and opportunity.
At UNest, we believe financial freedom is one of the most powerful forms of liberation. While Juneteenth honors the hard-won victories of the past, it also compels us to look toward the future—and ask ourselves: What can we do now to create lasting change?
Freedom is Financial
Economic access has long been one of the key barriers to equity in the United States. From redlining and exclusion from early homeownership programs to the racial wealth gap that persists today, the legacy of systemic injustice is deeply tied to financial opportunity.
That’s why financial literacy and investing for the next generation are more important than ever. At UNest, we are proud to help families of all backgrounds build wealth for their children—on their terms. Our UTMA accounts are flexible, tax-advantaged tools designed to support real-life goals: education, a first business, or a down payment on a home.
Each monthly contribution isn’t just a deposit—it’s a declaration: My child deserves every opportunity to thrive.
Invest in the Dream, Not Just the Degree
For too long, generational wealth was a privilege reserved for a few. Today, technology and transparency allow us to break those cycles. You don’t need to be a financial expert to take the first step. With UNest, families can start investing with as little as $25 a month and build a future rooted in freedom, self-determination, and possibility.
Juneteenth reminds us that delayed justice is not justice at all. We don’t have to wait another generation to close the gap. We can start now—by giving our children access, education, and the resources they need to lead with confidence. Ready to invest in your child’s future? Download the UNest app and start today.
Don't just take our word for it
Hear what trusted money experts say about why UTMA and UGMA accounts can be a smart way to invest for a child’s future.
There are some tax advantages to using UGMA and UTMA accounts… Since they’re in your child’s name, the accounts will be taxed according to their tax bracket… There are no contribution limits on UGMA and UTMA accounts.
Dave Ramsey
Personal Finance Expert
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Investing for your kid’s future
Dave Ramsey
Personal Finance Expert
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...you could consider opening an account where you can dive deeper with the kids by your side. The easiest way to do so is to open a custodial account, known as an UGMA ... or UTMA ... account.
Jill Schlesinger
Emmy winning Business Analyst
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Straightforward “starter” investing account for kids
JILL SCHLESINGER
Emmy winning Business Analyst
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You can give children money that can accumulate somewhat tax-free over time... I love them (UTMAs) because they were like, trusts that you didn't need lawyers to create.... I think it's one of the better tax breaks around though. I know hunting for tax breaks may not sound very exciting, but that's how you take care of your family.
Jim Cramer
CNBC Host
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Give children money that can accumulate over time
Jim Cramer
CNBCÂ Host
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