How To Turn Your Kid's $10 Into $1 Million (Proven Method)

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  • Опубліковано 10 лют 2025
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    Want to turn your kid's money into $1 million? 💰 This proven method will set your children up for financial success using the powerful 40-30-20-1 Rule!
    Ready to raise future millionaires? I'm breaking down exactly how to teach your kids smart money habits that will last a lifetime. Your children can start building wealth today, whether they're getting allowance money or birthday cash from grandma!
    I'm sharing real numbers showing how you can set your kid up for a portfolio that will grow to over $1 million by retirement. Plus, you'll learn exactly how to set up the right accounts and make money management fun and engaging for kids of any age! 🎯
    As a mom who wished someone taught me these lessons earlier, I know firsthand how valuable early financial education can be. This isn't just about money - it's about building discipline, understanding delayed gratification, and creating generational wealth.
    Want your kids to understand investing, saving, and smart spending while they're young? This video gives you the exact blueprint to make it happen. No complex jargon, just simple, actionable steps any parent can follow! 🚀
    Like, subscribe, and share this video with other parents who want to raise financially savvy kids! Drop a comment sharing what money lesson you wish you'd learned earlier in life. Let's build generational wealth together! 💪
    #financialeducation #raisingmoneysmartkids #moneysmartkids #personalfinance #budgeting

КОМЕНТАРІ • 7

  • @WilmettaSauls
    @WilmettaSauls Місяць тому

    Love the new knowledge of teaching the kids 40-30-20-10 rule. Even I can use it.

  • @Mist_Ninjutsu
    @Mist_Ninjutsu Місяць тому

    This was really good, do you have a suggestion for which type of account we use for their investments? You said one checking account with 4 high yield savings accounts.

    • @gwenjimmere
      @gwenjimmere  Місяць тому +2

      Thanks! For their investments, you’ll need to open them up a custodial brokerage account. Preferably custodial Roth IRA. This way when they retire, any money that was put in, as well as the exponential gains they will receive over the years, will be totally tax-free after age 59 1/2.

  • @jewelreddick3379
    @jewelreddick3379 Місяць тому

    The stock market

  • @Brandon-o3w
    @Brandon-o3w Місяць тому +1

    I just started a program with my son doing stocks that help build his credit score 🆙 True appreciation to helping are young in financial literacy 🎊