Hook

Their other posts in the index, biggest breakout first.
Our sons net worth at 9 months. And already has a net worth of $4,296. Pretty impressive. Let me show you the 2 accounts that have already made him $546 in interest. How much of our own money that we invest into each of these accounts. And show you what he'll have by 18. My wife got pregnant, the very first thing that we did was open up a 529 plan. This investment account offers tax advantages for college. That's $25/week. We put extra in when he was born to jumpstart. And we're fortunate that family wanted to contribute. We invest into the S&P 500. That way we can automate the investing. The account has already grown a lot! All the result of consistency. Account number two. Think of this like a generic investing account. Less than $20/week. $1k on the day he was born. In comparison to the medical bill... This account was only open 9 months. I grew up poor so this feels amazing to do. Here's what he'll have at 18. Assuming we stick to the plan. If he's smart, he'll graduate debt free. You can also roll over $35k to a Roth IRA if they don't go to school. This account he uses at 25. That money will buy his first home. And the results... This is possible for the average family. But if you avoid debt and live within your means this is less than $50/week. We're only able to do that because we live in a modest house that only consumes 15% of our income. We drive paid off cars and we have no credit card debt.