#child

LPT: motivate your child/ kids to memorize your mobile phone number.

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LPT: motivate your child/ kids to memorize your mobile phone number. Long time ago in the car on road trip, my kids wanted to play on tablets. Just for fun I’ve told them, first they need to memorize my phone number. They were motivated, it took them just a few minutes to learn. Then, from time to time I’ve checked, if they still remember that. It is well written in their little brains, lol. Just today I was cont…

Life Pro Tips 400 2025-03-01

Adult Disabled Child tax status

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Adult Disabled Child tax status I can’t find good information about this. I am listed as I noted under disability as an adult disabled child. I live with my mom and stepdad. I know I can claimed as a dependent. I also only recieve the social security deposit which is under 20k I’m not looking at 1099 right now to recall exactly. Am I required to file or am I exempt? No one h…

Reddit Personal Finance 852 2025-02-23

Wife is pregnant, what should I set up for my child?

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Wife is pregnant, what should I set up for my child? I apologize in advance if this gets long and rambly. I’ll do my best to keep it concise. As the title states, my wife is pregnant with our first child (finally!) and I’m not sure what the best type of fund to set up for my child will be. I have virtually 0 education or knowledge about finances or investing beyond “try to keep as much as you can …

Reddit Personal Finance 1.2k 2025-02-13

Mentions of trans kids scrubbed from national child safety clearinghouse website

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Mentions of trans kids scrubbed from national child safety clearinghouse website The National Center for Missing and Exploited Children (NCMEC), a child safety nonprofit that works closely with the government and major tech platforms, has recently removed publications that reference queer and transgender children from its website. The removals come amid reports that NCMEC was ordered to cull mentions of LGBTQ+ issues under t…

The Verge 833 2025-02-08

Found life insurance policy grandmother took out for me as a child, she passed almost 20 years ago, what do I do?

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Found life insurance policy grandmother took out for me as a child, she passed almost 20 years ago, what do I do? Edit: Was able to get in touch with someone and the policy has lapsed – I was making a mountain out of a molehill thank you for the responses! Found somewhat similar threads about still living parents/grandparents trying to transfer ownership but nothing really on this. Just found out my grandmother had taken out a life insurance policy for me …

Reddit Personal Finance 908 2025-01-30

Parent has been stealing money from adult child – what now?

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Parent has been stealing money from adult child – what now? Hi all, need some advice. My husband and I are helping out a friend who just left an abusive and controlling home life. They are 19, but their parents have controlled every aspect of their world. Their parents have all their credit card numbers, bank logins, social media, etc. etc. We are working with them to get bank accounts closed, card numbe…

Reddit Personal Finance 1.0k 2025-01-28

How to talk to child about windfall

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How to talk to child about windfall Hi everyone. A couple of years ago, my 9 year old and I were injured in a bad accident. My daughter (who fully recovered and is healthy and happy today) received a significant settlement from that accident, with half of the funds due to be dispersed in a structured settlement when she turns 18 and the other half in an investment account that wil…

Reddit Personal Finance 912 2025-01-28

$30k bonus – How would you invest it for your child?

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$30k bonus – How would you invest it for your child? Here are the parameters: $30k before taxes Kiddo is 3 years old Long term investment, I don’t want to have to fiddle with it too much Looking for max compound interest and appreciation The whole lump sum What would you do? submitted by /u/AmbitiousArtichoke65

Reddit Personal Finance 503 2025-01-08

Convert 529 to CalABLE for child with disabilities?

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Convert 529 to CalABLE for child with disabilities? Is there a disadvantage to converting a 529 account to a CalABLE account? My 10 year old may or may not be college bound. From what I can tell, a CalABLE account can be used for tuition and many other things – it has much broader use of funds, and we do not need to include it as our “assets”. Thank you! https://www.calable.ca.gov submitted b…

Reddit Personal Finance 1.0k 2025-01-07

Identity theft of child

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Identity theft of child Hello, A few months ago I received a collections notice for my 10 year old child. It was for a bounced check in my mother-in-law’s name, to a big box store in her town. When confronted, she claimed her identity and checkbook had been stolen, and produced a police report saying as much. She does not know how my child got involved. My spouse has d…

Reddit Personal Finance 639 2025-01-05

I need someone to explain how to start investing like I’m a child

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I need someone to explain how to start investing like I’m a child I’m in my twenties and want to start investing, I don’t have a lot of money to start investing with but my end goal is to become more financially stable eventually. Can anyone help me with some instructions? Advice? Books to read? Honestly just the whole thing lol. submitted by /u/Tinymushroom98

Reddit Personal Finance 603 2025-01-05

Savings options for special needs child

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Savings options for special needs child Hi there! Personal finance novice here. I have a 3 year old daughter who was born with a few brain conditions that cause developmental delays. We don’t know yet whether she’ll go on to live a normal life or if we’ll be forever parents. That being said, a regular college fund doesn’t seem fitting for her because she may not go to college. I want …

Reddit Personal Finance 417 2024-12-29

How to get disbersement of 529 on grandparent owned account for my child?

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How to get disbersement of 529 on grandparent owned account for my child? My dad started a 529 when my daughter was little and now she is in college. I think I should start using this money to pay her tuition because my mom might need memory care in the future and my dad really wanted to pay for his granddaughter’s college. The problem is that my dad is in a nursing home himself (paid for by the VA). I have an old 529…

Reddit Personal Finance 429 2024-12-28

Gifting $ to Unemployed Child

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Gifting $ to Unemployed Child I want to give $1000 or so to my unemployed child at Christmas. Can he put it in an IRA of some kind ? I think Roth would not be allowed since he’s unemployed, and had no income in 2024 Suggestions? submitted by /u/dunncrew

Reddit Personal Finance 1.1k 2024-12-23