240. How to invest for a newborn
In this episode, Ana and Tash talk through how to invest for a newborn and what to prioritise before getting started, after receiving lots of listener questions on the topic. They walk through the most common investing options for kids, including:
Investing in your own name, minor accounts, family trusts, and investment bonds, and the tax trade-offs and flexibility of each
Other options like investing through super, using an offset account, and when micro-investing might make sense
The big takeaway is a reassuring one. Your own finances should come first, there is no single right option, and…
The skinny
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