Top 10 Smart Money Moves Every Parent Should Know
Want to find out the optimal order to invest your paycheck: • This Is How I Invest My Money as a Doctor ...
Smart Money Move #1 - Build Your Child’s Credit Early (00:36)
Smart Money Move #2 - Protect Your Child from Identity Theft with a Minor Security Freeze (01:24)
Smart Money Move #3 - Pay for Preschool/Daycare with a Dependent Care FSA (02:36)
Smart Money Move #4 - 529 College Savings Plan (03:24)
Smart Money Move #5 - Teach Investing with a Custodial Roth IRA (04:59)
Smart Money Move #6 - Get Term Life Insurance (05:34)
Smart Money Move #7 - Get Long Term Disability Insurance (06:11)
Smart Money Move #8 - Set Beneficiaries and Create a Will (06:55)
Smart Money Move #9 - Have an Emergency Fund and Avoid Debt (07:34)
Smart Money Move #10 - Teach Smart Money Habits (08:21)
DISCLAIMER: I am not a financial adviser. The content on this YouTube video is for educational purposes only and merely cite my own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research!