Kiplinger

4 Ways to Give Your Children and Grandchildren a Financial Head Start

We all want what is best for our children and grandchildren. We want them to develop into kind, capable and responsible people. More than anything, though, we want them to be happy.

With study after study showing that money is one of the leading causes of stress and unhappiness for people, what better way to positively influence their future happiness than by giving them a financial head start today. And no, I don't mean handing over a pile of cash to them. I'm talking about precise steps you can take, in combination with steps taken by your children and grandchildren, that will start them down the path of greater financial success and, as an extension, greater happiness.

Open a Roth IRA

Opening a Roth IRA may be one of the most financially effective things you can do for a child or grandchild. The tax benefits of a Roth

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