Setting Your Kids Up Financially for Adulthood with John Forbes
Is it really possible to set my kids up to be rich by the time they are adults? That's the question we are asking on this weeks episode. There are two different topics we've been hearing about lately that we'd like to talk about today. The first is the 529 College Savings Plan and its new changes, and the other is paying your kids as an employee while they are young. There has been a lot of chatter on TikTok and other social media channels implying that by utilizing these two investing approaches, you can help give your child a head start to building wealth at a young age. To find the answer we brought in our favorite local financial advisor, John Forbes, to learn if there truly is a way to set your kids up to be wealthy by the time they turn 18. Tune in to hear what he has to say about these two investing strategies.
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So, You're Getting Married
Planning your wedding is exciting, but don't forget about the practicalities of marriage, like merging your finances! Allow us to guide you through crucial financial decisions before and after the big day. From changing your last name to navigating joint bank accounts, we've got you covered. Learn about the process of updating your legal documents and explore options for managing finances as a couple. Whether you choose to combine your accounts or keep them separate, communication and trust are key. Join us as we help you build a solid financial foundation for your happily ever after. Congratulations on your upcoming marriage!"
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