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3 Financial Gift Ideas That Will Benefit Your Child Now And Later

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Watching your kids grow is one of the most exciting parts of parenthood. They will hit various milestones, such as going to their first dance and graduating from high school. You will probably have high hopes for their futures, but you’ll also realize that challenges await them as well.

Many of those challenges could be of a financial nature. When they’re in their late teens or early twenties, it’s hard to tell whether your kids will be looking at the pros and cons of consolidating credit card debt or raking in the earnings from a world-changing invention or entrepreneurial pursuit. 

Assuming your child is not independently wealthy very early on in life, there are some financial gifts you might consider giving them that could help them a great deal. Let’s look at three of those right now.

1. Roth IRA Contributions

A Roth IRA is a retirement account that some companies will set up for their workers. The designation “Roth” means that the account’s owner pays taxes on the contributions before they contribute, instead of during the account’s distribution when the owner reaches retirement age. 

If your adult child gets a job where their employer offers them a Roth IRA, it would benefit them to take it. A company will often match funds that your child puts into the account up to a certain point.

However, you can also contribute to that IRA, if you’re in a financial position to do so. Like your child’s employer, you might agree to match their contributions. That’s one way you can help your child prepare for their eventual retirement.

2. Stock

You might also consider buying stock for your child. If you start doing this for them at a young age, it’s a way you can teach them about the market’s potential risks and rewards. You could buy a stock for them in which they have a personal interest, such as Nintendo or Disney. 

Stocks can be pretty pricey, so you might buy your child a portion of a stock instead of a whole one. Maybe when their birthday rolls around, you might offer them either the choice of a new toy or a percentage of a stock. Make sure you explain to them the inherent risks and potential rewards. 

3. A Piggy Bank

Teaching your child about saving is something you can start doing when they’re very young. You might give them an allowance along with a money jar or piggy bank where they can keep their savings. 

If they want something that’s on the more expensive side, you can explain to them that if they save up for a few weeks, they should be able to afford it. They can put this teaching to good use in later years if they want a video game system, a high-end TV, or something else for their college dorm or first apartment.

Financial Gifts Can Help Your Child

It can be hard to help your child reach maturity if you fail to teach them some financial basics. Giving them stock for their birthday or a holiday is one way to begin teaching them about the market, which they will probably want to invest in when they start a portfolio at some point. 

Giving them a piggy bank is something you can do when they are very young, so they’ll start learning about the benefits of saving for a larger purchase. When they’re a little older, you can help contribute to their Roth IRA. 

Remember that a child will watch what you do, and if you demonstrate financial responsibility, it’s likely your young one will follow in your footsteps one day.

Michelle has been a part of the journey ever since Bigtime Daily started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from categories such as science and health.

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Lifestyle

Kuby Cazal Shows Why Trusting in Allah Is the Ultimate Strategy

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In an online world where entrepreneurship is often measured in Rolexes, rented Lambos, and airport selfies, Kuby Cazal stands out — not because he’s louder, but because he’s real.

He doesn’t flash his wealth. He doesn’t post luxury for the sake of validation. In fact, he’s said in several interviews that he doesn’t want to be known as the guy who flexes with money.

Instead?
He flexes with faith.

Kuby Cazal is a practicing Muslim — and for him, business isn’t just about profits and success. It’s about gratitude, growth, and fulfilling the responsibilities that come with the blessings Allah has given him.

In his own words:

“I’m not the one who shows off a Rolex — I’m the one who shows you what’s possible when you trust in Allah and stay consistent.”

And it shows. While others post stories of flashy lifestyles, Kuby’s focus is on impact. He prays. He fasts. He makes dua for his team. And he constantly reminds his audience that everything he has is from Allah — not from his own effort alone.

Behind the scenes, he’s helped countless dropshippers quietly. No screenshots. No clout. Just support. His message is simple: you can build a business and stay true to your deen.

But it wasn’t always this way. Kuby Cazal himself admits that a few years ago, his connection to Islam wasn’t where it should’ve been. “I prayed sometimes, I skipped sometimes,” he shares. “Now I don’t skip. Because everything I have, everything I am — it’s from Allah. Why would I ever miss thanking Him?”

In a world full of noise, Kuby Cazal is a different kind of entrepreneur. One who doesn’t point to himself as the source of success — but to Allah.

For young Muslims trying to navigate business and faith, he’s proof that you don’t have to sell your soul to build something meaningful. You can work hard, stay humble, and always keep Allah first.

And in Kuby’s case? That’s the biggest flex of all.

https://www.youtube.com/@kubycazal-ecom

https://www.instagram.com/kubycazal/

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