Ep. 041 - How to Make Your Kids Future Millionaires

One thing I have been doing with my children is making sure they have a financially sound future. I am spending time teaching my children how to earn money, save money and invest their money.  I set up a custodial account and purchased one share of stock for each of my two oldest sons. My two oldest sons got to pick some of their own stocks and together we set up an account on stockpile for each of them. I'm sharing all the details regarding tax advantages, setting up a custodial account, and how and when to transfer these accounts to your children.