Family Finance

This simple yet powerful tool helps you understand how long it'll take for your investments to double. See how quickly your money can double, and then double again, and again. The formula for the rule is pretty simple: Time to Double = 72 ÷ Interest Rate in %

Making the decision of where to open your child's account can be a bit overwhelming. From choosing the right account type, selecting a provider, preparing essential documents, to opening and funding an account, online or in person. We got you covered.

As soon as a baby is born and gets a social security number, a bank account can be opened. Understanding money isn't always easy, but with their own account, kids can learn about how banks work. Learn about Joint accounts, custodial accounts, prepaid debit cards, and parent owned accounts.

Opening a savings account for your little one can be a game-changer. We review the top savings accounts for kids: Ally Bank - Capital One - PNC - Alliant - Greenlight - Spectrum - Wells Fargo.

As new parents, life insurance isn't just another box to check on your grown-up to-do list. It's an important safety net for your family. Getting a head start on life insurance could save you not just peace of mind, but also a fair bit of cash.

Compound interest is the eighth wonder of the world, according to Albert Einstein. Discover how understanding compound interest can be a game-changer in financial literacy for both kids and adults, and what Einstein really said about it.

What's worth more - a million dollars today, or a penny that doubles every day for 30 days? The answer is quite surprising. That single penny, when doubled every day, greatly surpasses the one million dollars.By day 30, it grows into an astonishing $5,368,709.12! Let's dive in.

If you're looking to give your kids a head start, a UTMA account could be just what you need. We review the top UTMAs: Fideliy - Charles Schwab - Vanguard - Merrill - Acorns - Ally Invest - E*Trade.