How and Why to Pay Your Kids Getting Started • 4 min read How (and Why) to Put Your Kids on the Payroll We’ve all heard the observation that children are expensive (because they certainly can be), but what if providing them with money was actually one of the most effective parenting strategies you could … Read more
Comparing Custodial Roth IRA Providers for Kids in 2025 Roth IRA • 5 min read Establishing a custodial Roth IRA for your child can be an excellent strategy for jumpstarting their financial future. These specialized accounts enable minors with earned income to begin saving for retirement early, providing all the tax-free growth advantages of a … Read more
Chores vs. Payable Household Jobs: How to Know What You Can Pay Your Kids For Family Employment • 3 min read Children frequently request money. Parents aim to teach responsibility. And in between these goals, we’re all working to understand: What constitutes a simple chore versus a real job that you can actually pay your … Read more
How to Get an EIN (Employer Identification Number): What Parents Should Know Family Employment • 4 min read When launching a small business, establishing an LLC, or preparing to compensate your children for legitimate business-related tasks, securing an Employer Identification Number (EIN) from the IRS is one of the first essential steps you’ll need to … Read more