@thesavvycouple: $1,000 at birth. $500 every birthday. $250/month. That's a millionaire kid. #generationalwealth #investing #parenting #moneytips

Bill Hinson941 :

.most people live paycheck to paycheck they don't have 250 to save

mela :

or teach him/her how to manage basic skills.

Emloh1 :

This is a joke. Most couples just starting out with young kids need that 250/month for food and housing.

snake :

8% is a fairytale.

cabbage howard :

Math here is not correct

PunxatawnyJoe :

Nobody made me a millionaire, hard work and sacrifice did.

unknown :

That would be the equivalent of about $375K 43 you were strong now.

Mr. Riggert :

1.22 million, and with 3% inflation it will be worth 360k by then. but i agree, bills, savings and custodial account every month. just don't go into debt to give the kids cash

Michael❌️ :

You do know that may end up being pointless if there ends up being no bartering system in the future right. If in the future they abolish the bartering value currency become worthless. In a non-working system one begins to exist like children again without worth value.

sourmug :

or teach them skills and hold them accountable for actions

LeukemiaSurvivor :

who has $250 a month for this...

usergn3oj3fpky :

Maybe for the grand kids 🤔

darkspartantrev :

At 18 you’d have 61,000. Not to mention you’d basically have to be a millionaire to pull off raising a child AND setting this kinda money back

Chris :

Pass. My retirement accounts need that extra $500 a month more than my kids.

Grimmy :

what about MY retirement?

k :

Who has that kind of income to spare 🤔

Rob :

This would entail you not having a life or doing anything throughout your life fun or spending any money on anything. Then what happens if you die at 43?? Saved all this money for someone else to spend

Black_Hazzard :

I have 4 kids

appleuser5728623 :

Dizzy Dazzler :

if we calculate based on feelings but not math, you could make a kid millionaire right at birth. put in a million in a trust fund

Carni :

Are you adopting? I'm 51 but I act like I'm 12

Dogmoo :

so you have to support your grown child until they are 43?

medsta2174 :

Why didn’t you tell my parents this?

joshsater846 :

The math ain't mathing.

thomasparsons43 :

I'm trying to make me millionaire