A custodial account can be an excellent way to make a financial gift to a child—whether your own, a relative's, or a friend's. Once the account is opened, it can provide an opportunity to teach some basic investing skills. You might talk about goals and discuss investment choices, review account statements, and discuss gains and losses. Review these FAQs to determine if a custodial account is right for your particular circumstances. Money and assets deposited into a custodial account immediately and irrevocably become the property of the child. In other words, you can't take the assets back or give the assets to someone else.

27 Best Money-Saving Tips For Young Adults [From Finance Experts]



6 Financial Management Apps and Tools for Young Adults
Moving out on your own can be overwhelming. From picking the right neighborhood to finding the perfect shade of paint for your living room , there a thousand decisions you have to make not to mention things to buy! Use this guide to help you figure out what you need to make your new home your own. Outfitting a first apartment kitchen can become an exercise in wasteful spending if you're not careful.


8 Financial Tips for Young Adults
Whether you're a student or out of school, you're on your own and making choices for yourself. But how do you choose the right health insurance plan? Wondering where to start? Let's start by looking at the basics of a quality health insurance plan. Like most young adults, you're probably just starting out and watching what you spend.



Young Enterprise and Young Money work across the UK delivering enterprise and financial education programmes. Find us in your local area. Over 4 million young people have taken part in Young Enterprise. Join our alumni network to continue learning, growing and supporting YE. Working with Young Enterprise and Young Money gives you the opportunity to directly support and inspire young people.