How to Invest in the Share Market for Kids (Without Losing It All to Tax)

Everyone wants to give their kids the best start in life, and investing for them feels like the obvious answer… right up until the tax rules turn the whole thing into a mental no go zone. So how do you set your kids up financially without accidentally handing a chunk of it to the ATO, overcomplicating your life, or creating a problem you’ll have to untangle later?  This episode is all about how to invest in the share market for your kids in a way that actually makes sense. We talk through how to choose the right setup for your family, the strategies that can legally minimise tax (Spoiler alert: Those tax rules might might be as scary as you think, once you see the numbers), and why the way you invest now can shape how your kids think about money as adults. If you care about giving your kids a real financial head start, this episode is a must listen. In this ep:📈Why investing for kids is really about building confidence with money, more than just the dollar amount📈The biggest investing advantage kids have that adults can’t buy later📈Why starting small for kids now can matter more than waiting till you have a lump sum to invest📈How the shares and ETFs you chose can effect how much tax you pay (and what to look for)📈A real-world example that shows why tax on kids’ investments isn’t always as scary as it sounds📈The setup questions to answer now, so you’re not second guessing yourself laterSHARESIES KIDS ACCOUNTS: Learn all about their new kid's investing accounts here.Sign up for a Sharesies adult account using the code SOTM10 and get $10 to invest when you make your first deposit of any amount.See omnystudio.com/listener for privacy information.