#children

What are some good strategies to help set my children up for financial success?

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What are some good strategies to help set my children up for financial success? In addition to 529 plans, I have opened custodial brokerage accounts for my kids. I told them that for every dollar they put into the brokerage account, I will match it with a dollar. For every dollar they withdraw, they need to replenish before my ‘corporate/household’ match resumes. This is to motivate them to “let the money grow”. They each h…

Reddit Personal Finance 1.3k 2024-12-21

Tips for Trimming a Christmas Tree with Small Children

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Tips for Trimming a Christmas Tree with Small Children If your tree isn’t pre-lit, you might want to be. Divide and conquer. One adult can dole out hot chocolate and cookies to keep the children occupied while the other adult unpacks the decorations that were crammed into boxes last February 23 without even a passing nod to organization. If you are having a frustrating time untangling lights, you ca…

McSweenys 1.0k 2024-12-18

Question about large gifts to children

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Question about large gifts to children Hi! I am hoping to be at least pointed in the right direction. My children are incredibly lucky to have been gifted (and will continue to be gifted for at least a few years) 36K a year from their grandparent per child. I understand that a 529 plan would be the best solution for the tax free growth, however I look toward the future and I want t…

Reddit Personal Finance 1.2k 2024-12-15

Curmudgucation: Computers And Defective Children

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Curmudgucation: Computers And Defective Children Curmudgucation: Computers And Defective Children Kristen DiCerbo is the “chief learning officer” at Khan Academy, the hot new ed tech firm that is using computer programs to replicate some of the oldest problematic behavior in the educational universe.  “If bringing AI into the classroom is a marathon,” asserts DiCerbo in a recent …

The Best Education Blog 572 2024-12-10

Grandfather left my children a certificate deposit before death

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Grandfather left my children a certificate deposit before death He put them in 13 month cd’s and this February they’ll be matured. Kids are aged 10 & 7 so they’ll not be needing this anytime soon, should I take their deposits and roll it into CD’s after CD’s or is there another/better way to gain interest? submitted by /u/Jlevanz

Reddit Personal Finance 836 2024-12-10

Is HSA worth it with little children?

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Is HSA worth it with little children? I keep reading about the value of having an HSA as a further tax deduction/investment strategy. But it comes with a higher deductible plan. I’ve got little ones who are often going to the doctor for colds etc. I suspect the higher deductible makes it not worth my while but wanted to hear from other parents. I’m having a hard time doing the cost …

Reddit Personal Finance 606 2024-11-23

Wife is in hospice. We expect some monetary gifts that will be put to our children’ 529 plans. Lots of questions.

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Wife is in hospice. We expect some monetary gifts that will be put to our children’ 529 plans. Lots of questions. So as the title, my lovely wife (35F) has started hospice two days ago after fighting colon cancer for the past 3.5 years. We have 3 young boys (5YO, 3.5YO, 3.5YO). Due to costly medical procedures, we have never had extra money to put aside for the their education. We are expecting gifts (a few hundreds to a few thousands dollars) from relative…

Reddit Personal Finance 819 2024-11-18