Raise your parenting game

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5 simple ways to start investing for your child’s future, now

Let’s face it, being a parent is tough…and expensive. There are thousands of diaper changes, loads of sleepless nights (and laundry!) and countless new expenses. Tinybeans is here to help! We’ve pulled together 5 easy things you can do to get your little one—and your bank account—ready for what the future holds.


1. It’s never too early to start saving

Think you have all the time in the world to start saving? They may only be a few months old, but they grow up fast. The sooner you start saving, the less of an impact you’ll feel down the road. Just like your little one, something small can grow into something quite substantial over time.


2. Put that spare change to use

A jar in a cabinet. A dish on your nightstand. Everyone has somewhere they keep their spare change for a rainy day. Why not put that spare change to use for your child’s future? An investment app like Raiz Kids makes it easy and automatic to save your spare change from everyday purchases.


3. Let someone else do the research for you

You know you need to invest but have no idea where to start. Leverage the knowledge of investment industry professionals. Many financial institutions offer diversified market funds comprised of a mix of investments selected by experienced advisors (based on the ETFs quoted on the Australian Securities Exchange).

4. Set-up automatic deposits

As a parent, you have enough to remember. There is no need to add something else to your neverending to-do list. Add your child’s investment account to your recurring payments. Just like your car payment or mobile bill, it will automatically receive a contribution without you having to do any work.


5. Give them a birthday gift they won’t outgrow

The next time someone asks what to get your little one for her birthday, save them a trip to the toy store. Toys may come and go, but an investment in their future will last a lifetime. Encourage grandparents and other family members to contribute to a savings plan for your child’s birthday.

Being a parent will never be a walk in the park. Do the best job you can and remember to enjoy the journey. Before you know it, your little one will be going off to university.

Learn more about Raiz Kids.

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