AOA 085: A Roadmap for Your Child's Investing Journey — With Laura Adams

In this episode of The Art of Allowance Podcast, host John Lanza and personal finance expert Laura Adams discuss how to introduce investing to children in a way that fosters agency rather than anxiety. They explore various investment vehicles such as 529 plans, IRAs, custodial accounts and the new Trump accounts, emphasizing the importance of understanding the goals behind investing for kids. Their conversation also covers strategies for engaging young investors, the significance of starting early and common mistakes made by young adults in their financial journeys. Laura also shares insights on how parents can instill good investing habits in their children and the role of financial institutions in promoting financial literacy.

Laura Adams is a money expert, an award-winning author and the host of the top-rated Money Girl Podcast, with more than 40 million downloads. Her mission is simple: to make complex financial topics easy to understand so people can make wise choices and live richer lives.

Laura has completed over 3,000 interviews with top national outlets, including ABC World News, CBS, FOX, NBC News and NPR. In print and online, her practical advice has been featured in The New York Times, The Wall Street Journal, The Washington Post, Consumer Reports and Forbes.

A recipient of an MBA from the University of Florida, Laura lives in Vero Beach with her husband.