Nicole Opened These 3 Accounts for Her 1-Year-Old. Here's Why.
Descripción del Episodio
Today, Nicole unpacks the exact accounts she opened for her daughter, the math that makes starting early almost unfair, and the money script she's determined to rewrite for the next generation. Whether you have a newborn, a teenager, or you're realizing you wish someone had done this for you, this episode is a blueprint.
Nicole breaks down how a 529 plan is far more flexible than most parents realize, why a custodial brokerage account is less about returns and more about teaching kids that money grows quietly in the background, and why a retirement account for a one-year-old is not as insane as it sounds — it's one of the most powerful financial moves a parent can make.
Check out Nicole's financial literacy course The Money School
Find a Financial Advisor or Financial Coach from Nicole's company Private Wealth Collective
Watch video clips from the pod on Money Rehab's Instagram and Nicole Lapin's Instagram
Here's what Nicole covers today:
00:00 Are You Ready for Some Money Rehab?
01:13 529 Plans: More Flexible Than You Think
02:02 The Math on Starting Early vs. Waiting
02:51 Super Funding: The IRS Loophole Most Parents Miss
03:31 Lump Sum vs. Monthly: The Numbers That Will Shock You
04:00 How to Shop for the Best 529 Plan
04:17 Custodial Brokerage Accounts Explained
05:00 The Financial Aid Trade-Off
05:41 Why Nicole Really Opened This Account for Her Daughter
05:56 The Custodial Roth IRA (Yes, for a 1-Year-Old)
07:00 The Number That Changes Everything
08:00 Roth IRAs and Financial Aid: The Cleaner Vehicle
08:21 Rewriting the Money Script
09:00 Tip You Can Take Straight to the Bank
All investing involves risk, including loss of principal. This episode is for informational purposes only and does not constitute financial, investment, or legal advice. Always consult a licensed professional before making financial decisions.
Episodios Recientes
Más podcasts de Sociedad y Cultura
Ver toda la categoría →
Strike Force Five
By shows
Late night talk show hosts Stephen Colbert, Jimmy Fallon, Jimmy Kimmel, Seth Meyers and John Oliver are teaming up for a new podcast to support their striking writers and out of work staffs. Strike Force Five! welcomes you to a conversation between five rival colleagues for an inside look at late night television.
On Purpose with Jay Shetty
By shows
<p>I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace.</p> <p>I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!</p>
La Radioteca con Dieter Brandau
By shows
Un podcast de Dieter Brandau, producido por Libertad Digital, que apuesta por un periodismo sereno y comprometido. Sin prisas, pero con una causa: la verdad y la libertad en España.
Your Own Backyard
By shows
A documentary podcast series investigating the 1996 disappearance of Cal Poly student, Kristin Smart.
The Girlfriends: Trust Me Babe
By shows
<p>When a group of women from all over the country realise they all dated the same prolific romance scammer they vow to bring him to justice. </p> <p>In this brand new season of global number 1 hit podcast, The Girlfriends, Anna Sinfield meets a group of funny, feisty, determined women who all had the misfortune of dating a mysterious man named Derek Alldred. </p> <p>Trust Me Babe is a story about the protective forces of gossip, gut instinct, and trusting your besties and the group of women who took matters into their own hands to take down a fraudster when no one else would listen. </p> <p>If you’re affected by any of the themes in this show, our charity partners NO MORE have available resources at <a href="https://www.nomore.org">https://www.nomore.org</a>. </p> <p>To learn more about romance scams, and to access specialised support, visit <a href="https://fightcybercrime.org/">https://fightcybercrime.org/</a> </p> <p>The Girlfriends: Trust Me Babe is produced by Novel for iHeartPodcasts. For more from Novel, visit <a href="https://novel.audio/">https://novel.audio/</a>. </p> <p>You can listen to new episodes of The Girlfriends: Trust Me Babe completely ad-free and 1 week early with an iHeart True Crime+ subscription, available exclusively on Apple Podcasts.</p> <p>Open your Apple Podcasts app, search for “iHeart True Crime+, and subscribe today!</p>
4 CACHIVACHES de Arturo González-Campos
By shows
No es otro podcast de Arturo, es el podcast de Arturo. Ven a ver la grabación: https://go.elterrat.com/4Cachivaches En cada episodio mensual, el invitado trae cuatro objetos personales que sirven de hilo conductor para desarrollar la charla. De este modo, el propio invitado es quien trae los temas de los que quiere que se hablen, llevando el podcast hacia un terreno seguro, irrepetible y absolutamente real y humano. Una producción de EL TERRAT en colaboración con iVoox.
Así Sonaba by Jose AM
By shows
¡Todos los himnos del Dance mezclados y presentados por Jose AM! PODCAST SEMANAL EXCLUSIVO DE HIT FM