Reported about 11 hours ago
Vincent Chan, a financial TikToker, emphasizes that making your children wealthy is simpler than many parents believe. He advocates for establishing a 529 Plan, a tax-advantaged account for education that allows significant contributions, and encourages investing the funds in diversified ETFs to promote growth over time. Chan also highlights the importance of good money habits, suggesting that parents create budgets, seek additional income, and remain disciplined in their financial goals to secure a prosperous future for their children.
Source: YAHOO