Rich Girl Roundup: How to Save for Your Kids' Future

Published: April 10, 2023, 6 a.m.

Whether it's for tuition expenses or weekly allowances, Katie and Henah chat through short-, middle-, and long-term strategies on saving for your children's future, including the 529, Roth IRA, and UGMA/UTMA for minors.\nWelcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week.\n-\nMentioned in the Episode\n\nPrevious RGR on Teaching Kids About Money: https://youtu.be/Y2Y-cOAKBuM\n\n\nBest Debit & Credit Cards for Kids (updated monthly): https://www.businessinsider.com/personal-finance/best-debit-card-for-kids\n\n\nThe 529 (Qualified Tuition Programs): https://www.irs.gov/taxtopics/tc313\n\n\nUTMA & UGMA for Minors: https://www.nerdwallet.com/article/investing/utma-ugma\n\n\n-\nRead Money with Katie: https://moneywithkatie.com/\n\nFollow Money with Katie!\nInstagram - https://www.instagram.com/moneywithkatie\nTwitter - https://twitter.com/moneywithkatie\nTikTok - https://www.tiktok.com/@moneywithkatie\nLearn more about your ad choices. Visit megaphone.fm/adchoices