Thinking about setting up a Custodial Account for your child? It’s a fantastic way to kickstart their financial future and teach them about saving and investing! But be sure to consider the potential downsides, like limited control over the account once they turn 18 or 21 and the impact on financial aid eligibility for college. Make an informed decision to ensure the best for your child’s future. 🎥 mrsdowjones #generationalwealth #investingforbeginners #custodialaccount #milliondollarbaby #financeiscool