Watch the video to understand what is so wrong about paying for your child's college IF you still haven't covered your OWN college/future...

This is incredibly important... My OWN portfolio uses more VALUE stocks... Because history has proven that VALUE is better over the long-term. No guarantees...and VALUE investing is creating a VERY WILD RIDE! BUT...if you believe in the below video, you're portfolio will reflect your patience. Give it a listen at 2x speed. Worth the 3-4 minutes. *Not investing/financial advice. ALWAYS do your homework and talk with a professional before investing.

Target-Date-Fund (to spot one, look at your investments and you'll see a bunch of words followed by a year: i.e. Bloomberg Index Target Fund 2045) What is it? What you are likely invested in with your 401k. Nearly all companies auto-enroll their employees into TDFs. And they are garbage for young people. Why? Because they are WAAAAAY too conservative. Everyone talks about risky investments...but imo, more ppl need to focus on not being so conservative. Target Date Funds ooze conservatism...and it will keep you HAVING to work until your 65 or older. Why care? Well those ppl who invest more aggressively...can hit a goal faster, not have to save as much, or have more money in retirement. The cost? Patience. If you are patient - you will be rewarded if the stock market does anything even remotely close to what it's done for the last 100 years. Get out of TDFs...move all the money to stocks (even a simple S&P500 index fund likely increases your odds of success). *THIS IS FOR EDUCATION PURPOSES ONLY. PLEASE PLEASE PLEASE DO ADDITIONAL HOMEWORK ON THIS. DON'T BLINDLY FOLLOW ANYONE WITHOUT DOING YOUR HOMEWORK - IT IS A RECIPE FOR DISASTER.

✅ Solo business owner? ✅ Make more than $230K in net income? Congrats...you may be eligible to put $70K (or more) in a 401k for 2025. 👇 Step 1: Create a solo biz that makes $230K in net income (Hard part) PS - This biz CAN include a spouse, but still be identified as a Solo Business. Step 2: Open a Solo 401k (MySolo401k.net or Carry are two companies that can help you open a solo 401k). Step 3: Work with an accountant to determine your net biz income, to determine HOW much you can legally shield from Uncle Sam. Step 4: Contribute $23,500 to ROTH as an EMPLOYEE Contribute $46,500 to ROTH as EMPLOYER (assuming net income is high enough) (*If older than age 50, you can contribute even more to these accounts) *Roth accounts do not provide a tax break in the year you make the contribution...BUT, they will grow 100% TAX FREE (if used correctly). AMAZING opportunity to put more than $70K away that will never be taxed again!! **The cool part with Solo 401k: You get to contribute as BOTH the employER and the employEE. This allows you to maximize retirement savings (aka tax-advantaged accounts) while ALSO investing for your future. *Not tax/investment advice, PLEASE do research before moving forward with anything.

1. USE HIGH-INTEREST BANK Use this bank for your cash for emergencies. That money is SUPPOSED to sit and do nothing UNLESS it's for emergencies. But for every $25K in the account, you should be getting $1K in interest at current rates. That may even cover an ER visit when your child jumps off the back of your couch and breaks their arm. 🙃 2. OPEN CUSTODIAL ROTH IRA FOR ANY WORKING KIDS IF your kids are working, do them a favor and help them open a Roth IRA. Depending on income levels, your kids may be able to NEVER be taxed on this money (due to taking a standard deduction on their tax return) 3. OPEN COLLEGE SAVINGS 529 College savings funds are my favorite college savings vehicle. Some states give you a state tax benefit for putting money in these accounts..YES, even if your child is ALREADY in college. Plus, for any younger kids - the account can grow tax free (READ: College can be paid for, on discount). 4. BUY TERM LIFE INSURANCE BOTH parents need this. Yes, even stay-at-home parents. If you died, how would your WORKING spouse pay for childcare, chauffeur service, dishwasher, laundry services, cooking services, etc.... ....EXACTLY.... You need to have insurance to replace the costs of these free services that SAHPs provide (*Side Note: Disability insurance is even more important - If you became disabled, i.e. got cancer and couldn't work, how do you cover bills? DI does this). 5. FILL OUT A WILL/TRUST Ensure you name guardians for your kids. 🔥 (SIDE NOTE: I WILL GIVE YOU FREE ACCESS TO FILL THESE DOCS OUT, JUST DM ME).🔥 If you died...who watches your kids? If you don't have proper LEGAL docs, guess what? The state you live in determines your kid's fate. That would NOT be ideal. Take care of the above 5 items & that is a whole LOT OF LOVE you are showing your kiddos...even though they won't appreciate it one bit. 😆