Investing in a child’s future is a proactive step that can yield significant benefits over time. Setting up investment accounts for kids before they reach adulthood is crucial for maximizing their ...

Teaching your kids the value of money is one of the most important lessons you can offer. Starting children on savings and investment programs while they are still young can provide lifelong benefits, ...

This as-told-to essay is based on a conversation with Daniel Ramsey, the 47-year-old founder of MyOutDesk in Sacramento, California. It has been edited for length and clarity. I'm the CEO and founder ...

Investing for Kids: 5 Account Options As a minor, your child has limited options when it comes to opening investment accounts (opening a savings account for kids is pretty simple). But as a parent, ...

When my wife was a baby, her auntie opened a gift account and invested a few thousand dollars in a low-cost mutual fund. Today, 36 years later, that account is worth about $45,000. We've never touched ...

Investing is easy if you know what you’re doing, right? But Facebook is easy and yet also a high-risk activity for many teens. Hartford Funds economist Nanette Abuhoff Jacobson looks at the investment ...

Daniel Ramsey, founder of MyOutDesk, started saving and investing for his children when they were born. Ramsey emphasizes financial education, using Roth IRAs to teach compound interest. He advocates ...