Episode Player
Investing for Your Kids: What Parents Need to Know
The Winner's Playbook
Investing for your kids without getting the structure wrong
Investing for your kids sounds simple, but once you start looking at tax, account structures, ownership and what happens when they turn 18, it can get complicated quickly.
In this solo episode of The Winner’s Playbook, Josh breaks down what parents need to understand before investing for a child under the age of 18.
He explains how minor tax rates work, why savings accounts may not always be the best option, and how investment income for children can be taxed very differently depending on the structure used.
Josh also covers informal trusts, tax file numbers, beneficial ownership, investment bonds, growth assets, account setup, record keeping, and why getting the structure right from the start can help avoid unnecessary tax issues later.
If you are thinking about investing for your child, helping them with school fees, a first home, or simply giving them a stronger financial start, this episode is a practical place to begin.
⏱️ Timestamps:
00:00 Intro
00:46 Why investing for kids can be complex
01:43 How minor tax rates work
05:03 Accepted persons and accepted income
08:24 Savings accounts vs growth investments
11:06 What happens when your child turns 18?
14:17 Why tax file numbers and ownership matter
18:51 What should parents actually do?
Hit follow, leave a review, and share this episode with someone who wants to start investing for their kids the right way.
----
Want to find an Adviser that suits your financial needs:
https://www.linkwealth.com.au/
Get in touch with Josh:
https://www.linkwealth.com.au/josh-lee-link
Get in touch with Billy:
https://www.linkwealth.com.au/billy-norman-link
Josh's TikTok: https://www.tiktok.com/@joshleefinadv
Billy's TikTok: https://www.tiktok.com/@billynormanfp
Sign up to Link Wealth Group’s newsletter, Wealth Simplified: https://www.linkwealth.com.au/wealth-simplified
Our Financial Services + Credit Guide: https://www.linkwealth.com.au/financial-services-and-credit-guide
----
General advice disclaimer: The information contained within this podcast is general in nature and does not take into account your personal circumstances. Please reach out if you wish to discuss your personal situation.
