You should have your financial advisor discuss the benefits of tax code 7702 with you. With the amount you are setting aside it will go much further than these accounts divided.
@@byfaithfulltime I don't have a financial advisor. I probably need one I haven't found one I like. But thanks for the advise I'm gonna look into it myself I've been kinda doing it all myself.
Meh. Yes, take care of yourselves first. Then sure 529. Don’t worry so much about the exact amount to put in it. Most important to just put something aside every month/year. Something is better than nothing. Finally, don’t waste your time and money on putting extra money in a savings account…what? Open a mutual fund acct with a few funds like s&p 500 fidelity or vanguard. Put the extra money here. As long as you can afford to leave the money and dont worry about market. It will balance out. Your children will have some nice money to spend later.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@@LiamOlivia-4 Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY*
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to take risks. Saving is great but taking risks puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to larysa Caba, my portolio is doing really great and im proud of the decisions i made last year.
I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.
I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.
6:30 Flagler College. Nice!
Great advice.
Anyone else feel this didn't answer the question in the title
If you didn’t get it from the video dive into the chart and article. The answer varies based on what your family beliefs are, income is, etc.
The answer is at 4:57
Just here to see how far behind i am haha
Doing 152 a month in 529
60 into utma for first car or whatever.
Seems like you’re doing pretty good!
It's what we can afford. Been doing it since she was born so I think she will be OK.
You should have your financial advisor discuss the benefits of tax code 7702 with you. With the amount you are setting aside it will go much further than these accounts divided.
@@byfaithfulltime I don't have a financial advisor. I probably need one I haven't found one I like. But thanks for the advise I'm gonna look into it myself I've been kinda doing it all myself.
@@byfaithfulltime looks like it's all about life insurance?
Preach Andy Hill!
50% of thier expenses they need to work to pay off the other half
My kids are going to school in Germany while working a part time job 😂 Auf weidersehen! 🇩🇪
Meh. Yes, take care of yourselves first. Then sure 529. Don’t worry so much about the exact amount to put in it. Most important to just put something aside every month/year. Something is better than nothing. Finally, don’t waste your time and money on putting extra money in a savings account…what? Open a mutual fund acct with a few funds like s&p 500 fidelity or vanguard. Put the extra money here. As long as you can afford to leave the money and dont worry about market. It will balance out. Your children will have some nice money to spend later.
❤❤❤
Mmmm my 16 year old has enough for low end 1 year old 😂
I hear you and feel the same for my two high schoolers. It is hard enough funding retirement.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@@LiamOlivia-4 Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY*
@@IbrahimIsabella-00 Oh please I’d love that. Thanks!
@@LiamOlivia-4 *MARGARET MOLLI ALVEY*
Lookup with her name on the webpage,
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to take risks. Saving is great but taking risks puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to larysa Caba, my portolio is doing really great and im proud of the decisions i made last year.
I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.
I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.
I just looked up her name online. she is licensed with credible certificates and has an amazing track record. Thank you for the message.
How do I know more?
Really really bad idea. Don’t fall for this scammer folks.