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How to Keep Kids Busy (and Financially Responsible) this Summer

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alerts-kiplinger.com

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Wed, Jul 7, 2021 10:11 AM

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PLUS: Why The Bitcoin Craze Is Just Another Fad BUILDING WEALTH [4 Ways to Keep Kids Busy This Summe

PLUS: Why The Bitcoin Craze Is Just Another Fad [VIEW IN BROWSER]( [Kiplinger Special Report]( BUILDING WEALTH [4 Ways to Keep Kids Busy (and Financially Responsible) This Summer]( School may be over, but the learning doesn’t have to end. Summer is the perfect time to teach your children how to earn, save and spend money wisely. Gina Grippo-Martinez of ALINE Wealth has four age-appropriate ideas that are a win-win for kids and parents alike. Plus: [Here's How to Foster Good Financial Habits in Your Children]( [READ MORE]( [Why the Bitcoin Craze Is Just Another Fad]( You’ve heard the buzz about Bitcoin, and you want in. Really? Why? Is it because you understand and believe in the long-term value of cryptocurrency, or is this merely the fear of missing out talking? Andrew Rosen of financial firm Diversified lists some warning signs he sees to stay away from Bitcoin. Plus: [How Much Bitcoin Should I Own? A Mathematical Answer]( [READ MORE]( SPONSORED CONTENT FROM NORTHERN TRUST [The Tax Policy Resource Center]( [These are Your 3 Financial Advisors in Your Area]( Prepare your portfolio and wealth plan for change with research-based insights on the likelihood of proposed tax policy changes and cutting-edge wealth planning strategies for managing complex wealth from The Northern Trust Institute. [Ready for Reform?]( [READ MORE]( [Proactive Moves for the Wealthy to Consider Ahead of Possible Tax Law Changes]( The tax landscape could be changing considerably in the near future, and these changes could affect high-net-worth families and their heirs. But there are a few steps they can take to minimize the potential impact, according to Douglas Andre of Keel Point. Plus: [How You Might Save on Taxes Just by Shifting Your Investments Around]( [READ MORE]( [Looking to Buy a $1 Million Retirement Home, But Need a Short-Term Loan?]( A unique product called a pledged asset line allows a person to borrow money for just a few months, letting their investments remain intact and saving on capital gains taxes. R. Jason Rogers Jr. of McGill Advisors outlines how it works. Plus: [How Biden’s Tax Plan Could Affect Your Real Estate Investments]( [READ MORE]( [Hey, Investors: Don’t Panic about Inflation. Do This Instead.]( There are changes investors can make to their portfolios to help keep the effects of inflation at bay. Josh Sailar of Blue Zone Wealth Advisors has some moves to not just get through this period of rising prices, but possibly prosper as well. Plus: [5 Best Mutual Funds to Fight Inflation]( [READ MORE]( SPONSORED CONTENT FROM SMARTASSET [These Are the Top Financial Advisors in the US]( Hiring the wrong financial advisor can wreak havoc on your retirement and cost a big chunk of your savings. This new tool can help. [READ MORE]( ALSO ON KIPLINGER [Keeping the ‘Bank of Mom or Dad’ From Being Overdrawn]( [Beware of Gift Card Scams]( [Build a Better Portfolio in 2021 – Sign Up for Kiplinger's Free Investing E-Newsletters]( [Kiplinger] [Facebook]( [Twitter]( [LinkedIn]( Send this to a friend. [Click here.]( All content ©2021 The Kiplinger Washington Editors 1100 13th Street, NW, Suite 1000 Washington, D.C. 20005 Thank you for subscribing to Building Wealth, a free weekly e-newsletter where financial pros across the country share best practices and fresh tactics to preserve and grow your wealth. If you ever wish to stop receiving this service, please [click here to unsubscribe](.

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