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As we get older things we should have done
Life is changing more and more as we move through life. Charlie is now 18 and a man. I wish when he was little David and I had taken the time to learn about insurance and 401K’s. Soon David and I will be in our 70s and we have nothing to leave Charlie, and this scares me. if you’re a parent or think you might be one day you should look into Custodial Roth IRA. I love how there are no age limits to open a custodial Roth IRA for your child but the essential requirement to qualify is that your child has to earn income. I wish I had…
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What Happens When Your Child Turns 18
Charlie has become more fascinated with Stocks and Bonds in the last year and Charlie’s turns 18 in December so I wanted to give Charlie a gift that would last a lifetime. I’ve been looking into stocks and bonds as well as Custodial Roth IRA. Researching all the different options can become overwhelming so I wanted to share tips I learned with you. In our family turning 16, 18 and 21 is a major milestone in our home not just socially and legally, but financially too. A Custodial Roth IRA is a retirement account opened by an adult (usually a parent or guardian) on behalf of a minor who has…
Living a simple lifestyle from the front porch