Skip to main content
You have permission to edit this article.
Edit

5 Steps to Set Your Child Up for Financial Success

  • Updated
  • 2 min to read
Little Asian girl wearing graduate hat hugging clear glass jar piggy bank and smile with happiness for money saving to wealthness succesful in the future of education concept select focus shallow depth of field with copy space

One of the greatest gifts a parent can give their child is a solid financial foundation. Many parents assume the only way to do that is by setting aside an inheritance, but the right tools and knowledge matter just as much.

A little planning and smart decisions can make a significant difference in a child’s financial journey. From their first year through their teenage years, here are five steps to set them up for success.

~  Tina Gibby is a home loan consultant at Valley Bank’s Auburn branch specializing in first-time homebuyer programs, conventional, government and construction loans. She has more than 25 years of experience in the banking industry.