Kids & Money
Information, commentary and analysis on your kids and money, from the team at Kiplinger.
There are so many responsibilities that come with raising children, from keeping them safe to instilling them with morals and values — and finances are part and parcel of it all. When you were starting a family, you thought about the budget to keep them taken care of, including paying for basic needs and childcare. And you also considered their future: Setting them up for college tuition or a nest egg to start their own adulthood. As they grow, questions come up like how to teach them about handling money responsibly, while you have to make decisions about how to manage money for them responsibly.
We know there are endless questions and scenarios when it comes to your kids and money, which is why we've dedicated this space to provide insights and guidance.
Latest
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Trump Accounts Are a No-Brainer if You're Eligible (How to Apply)What's not to like about tax-efficient savings that grow with your child and may even get a $1,000 federal contribution? If you're eligible, it makes sense to sign up.
By Matt Marinovich, CFP®
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5 Money Lessons I Learned From My MomIt's not easy being the family CFO.
By Alexandra Svokos
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What's the Best Way to Fund my Grandchild's 529 Plan for College?Is it better to make a lump-sum contribution up front or spread funds out through the years? We asked a college savings professional and a financial planner for their advice.
By Maurie Backman
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How to Give Your Kids Cash Gifts Without the IRS PaperworkMost people can gift large sums without paying tax or filing a return, especially by structuring gifts across two tax years or splitting gifts with a spouse.
By Jeremy Keil, CFP®, CFA®, CKA®
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Why Every Grandparent Should Consider a Custodial Roth IRA NowTime is a young investor’s greatest asset. Discover how small contributions today can evolve into a tax-free fortune by the time they retire.
By Donna LeValley
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Five Best Financial Gifts for Grandkidsgift ideas If you've been giving your grandchildren cash, now is a good time to rethink that. Other financial gifts will help teach them the value of money and set them up for life.
By David Rodeck
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How to Help Your Children Buy a HomeFamily Finances If you want to help your children buy a home your options range from family loans to outright gifts.
By Emma Patch
Family Finances -
5 Ways to Help Your Kids Develop Healthy Money HabitsChildren are constantly absorbing financial lessons from their parents, and your behaviors shape how your children will manage their money as adults.
By Jodi Krausman, PhD, CPA, CFP®, ChFC®
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7 Things You Should Never Leave to Your Kids or GrandkidsLeaving these assets to your loved ones may be more trouble than it’s worth. Here's how to avoid adding to their grief after you're gone.
By David Rodeck
