Money Happy Hour

Episode 86: Setting Our Kids Up For Money Success

Tom

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In this episode I discuss how to launch your kids into to success with money in early adulthood.

Depositing $1000 and adding $200 month is the recipe for $100,000 at age 18

I use the 529 Education Saving Plan as the preferred tool to use to fund education and with the recent SECURE Act 2.0 changes this is a no brainer

529 Resource
https://www.morningstar.com/specials/what-is-a-529-college-savings-plan

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