Raising Tiny CFOs, Part 2: The 5 Accounts That Give Your Kid a Head Start episode artwork

EPISODE · Jun 23, 2026 · 25 MIN

Raising Tiny CFOs, Part 2: The 5 Accounts That Give Your Kid a Head Start

from Deeply Invested: Manage Money, Budget, Save, Invest, Build Wealth · host Your Money Style

What if your kid didn't start their financial life at zero? In Part 2 of Raising Tiny CFOs, Maddie and Meghan break down five accounts that build a money system you can hand over piece by piece. You'll learn how a 529 became far more flexible than the old "college-only" bet, what the brand-new Trump Account actually is (and who qualifies for free starter money), how UTMAs and custodial Roth IRAs work as your "extra money" layers, and the costs-nothing authorized-user trick that gives your kid a credit history before they turn 18. Don't have kids? Stay right here — every account works for you, or for a kid you love as the favorite aunt, godparent, or grandparent. You don't need to open all five. Pick the one that fits your life right now and start. Because the real goal isn't leaving your kid money — it's leaving them the know-how to run it. Also mentioned: Budget Blueprint Builder — Our one-hour workshop with an Excel and Google Sheets template built for exactly this kind of mid-year reset. $47. Linked Here! Read the full Show Notes Here!   Thanks to our sponsor:   Rakuten   Thanks for tuning in and come back each week for a brand new episode! If you liked the episode, don’t forget to hit subscribe, rate & review! Check out our FREE Newsletter to get all of our latest advice and freebies!   Connect with us on Instagram @your.money.style   Visit our website for articles, resources, and more at www.liveyourmoneystyle.com

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Raising Tiny CFOs, Part 2: The 5 Accounts That Give Your Kid a Head Start

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