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Home financial budget Financial Planning financial planning process money saving ideas Financially minded aunts and uncles of Reddit... what avenues are good options to start saving for little nieces or nephews? What should we know about tax implications?

Financially minded aunts and uncles of Reddit... what avenues are good options to start saving for little nieces or nephews? What should we know about tax implications?

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My sister is expecting this summer. No kids of my own, nor do I foresee any within next 3 years. Would love to start some kind of savings or maybe a mutual fund account in the little one's name. (Maybe $100/month for now.)

TIA!



Submitted March 08, 2020 at 10:09PM by lefteardud https://ift.tt/39GndjC
financial budgetFinancial Planningfinancial planning processmoney saving ideas
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