Top Tip Finance

How to Start Investing For Your Kids

People who start investing in their 40s wish they had started in their 30s. And those who did start in their 30s, wish they started in their 20s. The longer timeframe you create to contribute a portion of your income to investments, the more it will be worth when you need it. The power of compound interest will grow your wealth exponentially. So, giving your nest egg 40 years to grow instead of 25 can often add hundreds of thousands of extra dollars. When you start a family, one of your first thoughts is probably “How can I afford this?” You’re not alone. Raising children is an expensive task, no matter how you slice it.

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