Our second question of the month comes in from Kevin from our Thriving Families Facebook Community …
My kids are getting physical cash from grandparents for holidays. They are small denominations like $5 for Halloween, $1 for successful potty usage, etc.
What kind of vehicle does everyone have set up for this?
The easy solution is usually a savings account, but I’d love to get it in the market in some manner so the money can grow over their childhood.
Do brokerage houses such as fidelity even allow kids to open accounts with say $10?Continue reading “Where Can I Open a Brokerage Account to Invest for my Kids?”