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If you have kids or plan to have kids , then you may start to think about how their financial futures will play out. Imagine how differently things could turn out if you take the time to educate them on personal finance. Create an estate plan An estate plan is absolutely essential to securing an easy transition of your assets.
After all, everyone loves it when something goes according to plan. There are kid-friendly investment apps, like Acorns and the Stockpile app , that your child can use to start building an investment portfolio of their own. You can help them subtract their planned expenses from their income. Make it fun.
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