SUSAN HELY FAMILY MONEY
Parents and grandparents are becoming increasingly anxious about the financial future of their children and grandchildren, and with good reason.
“People are worried about their kids being able to afford houses in the future, and being able to move out of home,” says Chris Brycki, CEO of Stockspot, an online investment adviser.
During the most recent ASX Investor Day events around Australia, Brycki had the opportunity to address the audience, and the most popular questions were about the best way to set up an investment for children and grandchildren.
“A lot of parents are trying to be proactive in helping to encourage kids to save, and they are helping to save for kids earlier, knowing that the power of compound growth will play out over many years,” says
