RelationshipsNewborn
#RI-6a6b021b·9 months ago·
1
“Set up financial accounts for newborn”
What Actually Happened
Considered opening a Trump account, but may not be the best option
What I wish I knew
"More about kiddie tax and UTMA accounts"
Advice to Someone Facing This Now
If I could tell you one thing
"Contribute to 529 plan and consider gifting funds as needed"
Regret Index
2/10
Positive or neutral outcome.
Would make the same decision again.
Would make the same decision again.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
No advice yet. Be the first to share wisdom.
Relationships Category
3,331
Relationships decisions logged. Avg regret 7.2/10 across the category.
Same Outcome Band
11%
of Relationships decisions land in the settled band the same as this one.
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