Mon Jul 07 2025, by Tyler Gardner

GiftingFinancial PlanningFamily FinanceWealth BuildingSupport for Children

Why You Should Consider Giving Money to Your Kids Before You Die

I'm Tyler, a former financial advisor and portfolio manager. If any of this is helpful, check out my new podcast, Your Money Guide on the Side, by clicking the link in my bio.

1. Early Gifts Grow More

A $10,000 gift at age 30 could turn into $100,000 by age 60. In contrast, that same gift at 60 might be spent on dental work.

2. Small Amounts Train Behavior

Giving small, structured gifts helps your kids learn how to handle money responsibly without wrecking their financial car at 100 miles per hour.

3. Your Kids Need Help More Than Millions

Your kids don’t need millions when they’re retired; they need your help! Daycare can cost more than their mortgage, and they are trying to save for a college experience that costs more than buying the daycare business outright. By helping them now, you can control your giving in a way that benefits both of you—a win-win situation.

Conclusion

Consider these factors before deciding how and when to assist your children financially.

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