The average child spends about eight hours a day in front of a video screen.  We’ve now seen a generation of children raised on a digital cocktail of social media, video games, and streaming services.  A panoramic window into the world, algorithmically tuned for your child’s wants and subconscious desires. 
Ferraris turn more heads than Hondas, a human preference so intrinsic that it shows up in children.  And wealth is more attractive than knowledge.  Countless hours of affluence are processed by brains that can’t even comprehend a simple cash flow statement. 
We’ve all encountered the proverbial trust fund baby with more money than sense and think, ‘what went wrong’? The grunge of teen spirit cannot be washed away with money.  It must be bathed in lessons hard learned under watchful guidance.  
Even then, the stink of poor choices persists as potent reminders that the stakes are real.  Guidance is the key.  What form this guidance takes is debatable and can vary depending on the child or situation.  
Ben and Brent argue their approaches to how we should introduce our children to wealth.  Their approaches vary, demonstrating that there is no one ‘correct’ path, but branching paths.  The objective should be to move on those paths that chart in the generally correct direction.  
Ben prefers the use of UTMA (Uniform Transfers to Minors Act) account as a training ground with a liberal degree child responsibility while Brent favors a more conservative tact with tighter controls.  
It’s a lively discussion, and we are curious to find out where you stand on the subject.  What age do you think your kids would be ready to handle a meaningful sum of capital?  
Send comments, questions, and requests for show contents to [email protected] or [email protected]! 
 
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Sources:
Cost of College over Time: https://nces.ed.gov/programs/digest/d21/tables/dt21_330.10.asp
‘Trump’ Accounts: https://www.cnbc.com/2025/05/22/tax-bill-maga-baby-bonus-now-called-trump-accounts-who-is-eligible.html
 
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About your Hosts 
 
Ben Jones, CFP® 
Managing Director, National Wealth Management Group 
www.nwmgadvisors.com  
Sign up for Ben’s newsletter at www.karastick.com  
Follow him on X @thekaratstick 
https://www.linkedin.com/in/ben-nwmg/ 
  
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Brent Gargano, CFP®
Founder & Advisor, Infinite Wealth Planning  
www.infinitewealthplanning.com 
Connect With Brent -> linkedin.com/in/brent-gargano-cfp®-2067b573 
 
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Editor:
 
Trevor Gargano
Email: [email protected]
Linkedin: https://www.linkedin.com/in/trevor-gargano-72727b67/
Website: TheDigitalQuarterback.com
 
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Disclosure: 
 
Investment advice offered through National Wealth Management Group, LLC. 
All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. 
The information presented is for educational and informational purposes only and is not intended as a recommendation or specific advice.

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