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START HERE: How should I invest $10,000 inheritance for each of my kids?
Episode 14
Start Here: How Should I Invest $10,000 for Each of My Kids?
Have your children received an inheritance or cash gift and you want to make sure it sets them up for the future?
In this Start Here episode, I answer a powerful question from a listener whose three boys each received $10,000 from their grandfather. She wants to invest the money wisely and honour his legacy.
If you're in a similar position, or planning ahead for your children's future, this episode walks you through the three main ways to invest money for a child and the pros and cons of each.
In this episode, you’ll learn:
✅ The differences between investing in your own name, your child’s name, or as trustee
✅ The potential tax implications for each option
✅ How to keep investments clear, simple, and legally structured
✅ Why I personally invest in my name, as trustee, using Listed Investment Companies (LICs) for each of my kids
✅ How franking credits can help reduce tax and support long-term growth
✨ The truth? There’s no one-size-fits-all approach but with clarity and intention, you can make a decision that empowers your child financially for years to come.
🎧 Press play now for a breakdown that’s simple, practical, and honest.
📝 Got a question for an upcoming Start Here episode?
DM me on Instagram:
@sugarmamma or @cannacampbellofficial
I’d love to hear from you.
Let me know what you think of this episode by reaching out to me @SugarMammaTV so that we can keep this conversation going.
Here are my two books:
Best Seller: The $1000 Project Book: https://amzn.to/3RV0Bnq
Mindful Money: https://amzn.to/3RV0poc
Motivated Money by Peter Thornhill: https://amzn.to/40rn2Vr
Amazon affiliate links to my own books.
In the meantime...
HOW YOU CAN WORK WITH ME (& I CAN HELP YOU): (includes one-on-one appointment with me...)
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ADDITIONAL GENERAL ADVICE WARNING:
Whilst we discuss various financial topics, this podcast is not advice in anyway, but purely for educational purposes only. Nothing in th
Published on 3 months, 3 weeks ago