How to Invest for Kids in Australia

Are you looking to invest wisely for your children's future? Join financial coach Phil McGilvray as he reveals the top 5 investment strategies specifically designed for Australian parents. In this eye-opening video, Phil breaks down the complex world of children's investments into simple, actionable advice that can help you build a strong financial foundation for your kids. Whether you're a new parent or looking to optimize your children's financial future, this video provides crucial insights into smart investing. Phil shares practical tips to minimize tax, maximize returns, and potentially set your children up with not just a financial nest egg, but also valuable money management skills. Want to take control of your family's financial destiny? Grab a cup of coffee, sit back, and let Phil guide you through these essential investment strategies. Watch this video now and start your journey to becoming a money-smart parent! Here’s how I can help you when you are ready: Join my FREE “Let’s Talk About Money Community” and check out my FREE Finances 101 course: https://www.skool.com/lets-talk-about... 00:00 Importance of Financial House in Order 03:42 Limitations of Savings Accounts 05:24 Five Investment Strategies for Children 06:11 Investing Directly in a Child's Name 07:09 Investing in the Parent's Name 08:27 Informal Trust Structure 10:25 Insurance or Investment Bonds 13:29 Family or Discretionary Trust 19:17 Summary and Action Steps