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Teaching Kids the Difference Between Investing and Gambling

Teens need to understand investing isn't gambling. Teach the difference before they make costly mistakes.
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The Power of Dollar Cost Averaging: Why Consistency Wins in the Long Run

Dollar cost averaging removes emotion from investing. Consistent contributions build wealth regardless of market swings.
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Millennial Parents Are Breaking Old Parenting Norms - and It's a Good Thing

Millennial parents are rewriting the parenting playbook. New approaches include smarter financial planning.
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7 Financial Tips Every New Grad Should Know

New graduates face unique financial challenges and opportunities. These seven tips set them up for long-term success.
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Breaking Down the New Family Tax Credits for 2026

New tax credits in 2026 offer opportunities for families. Understand how these changes benefit your savings strategy.
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A Closer Look at ‘Vibes Spending’ and Emotional Budgeting

Emotional spending can derail even the best financial plans. Learn to recognize and redirect those impulses wisely.
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Why Financial Literacy Needs to Start at Home

Schools can only teach so much about money. Real financial literacy starts with lessons at home.
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Saving Doesn’t Have to Be Stressful—It Can Be Automatic

Automatic saving removes the stress from financial planning. Set it and let your child's future grow effortlessly.
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Why MAGA Savings Accounts Have Families Talking

New savings account options are generating buzz among families. Learn what these accounts mean for your financial plans.
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Early Financial Lessons Shape a Lifetime of Impact

The money lessons learned in childhood last a lifetime. Start teaching your kids early for maximum impact.
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Every Dollar Earned Should Work for Your Child’s Future

Make every dollar count by putting it to work for your child. Smart investing turns earnings into lasting wealth.
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The Power of Consistency – A Secret to Financial Success

Consistency is the real secret to building wealth. Regular contributions compound into significant savings over time.
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Lessons from Dad—Investing in the Future Starts at Home

The best financial lessons come from parents who lead by example. Show your kids how to invest in their future.
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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

CNBC Host

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