Everyone wants to give their kids the best start in life, and investing for them feels like the obvious answer… right up until the tax rules turn the whole thing into a mental no go zone. So how do you set your kids up financially without accidentally handing a chunk of it to the ATO, overcomplicating your life, or creating a problem you’ll have to untangle later?

This episode is all about how to invest in the share market for your kids in a way that actually makes sense. We talk through how to choose the right setup for your family, the strategies that can legally minimise tax (Spoiler alert: Those tax rules might might be as scary as you think, once you see the numbers), and why the way you invest now can shape how your kids think about money as adults. If you care about giving your kids a real financial head start, this episode is a must listen.

In this ep:
📈Why investing for kids is really about building confidence with money, more than just the dollar amount
📈The biggest investing advantage kids have that adults can’t buy later
📈Why starting small for kids now can matter more than waiting till you have a lump sum to invest
📈How the shares and ETFs you chose can effect how much tax you pay (and what to look for)
📈A real-world example that shows why tax on kids’ investments isn’t always as scary as it sounds
📈The setup questions to answer now, so you’re not second guessing yourself later

SHARESIES KIDS ACCOUNTS: Learn all about their new kid's investing accounts here.

Sign up for a Sharesies adult account using the code SOTM10 and get $10 to invest when you make your first deposit of any amount.

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January 26 isn’t just another public holiday. For many First Nations Australians, it marks the beginning of invasion and the impacts of colonisation that are still felt today. That’s why we're interupting your normal Money Diaries programming to bring you this conversation, with very special guests Laura Thompson and Sarah Sheridan. Laura and Sarah are the co-founders of Clothing The Gaps, the Aboriginal led and controlled, and majority Aboriginal owned business and social enterprise behind the Not A Date To Celebrate campaign. In the ep they explain what often gets missed in the public debate, how economic empowerment plays a role in real, lasting change, how First Nations–led businesses approach impact differently, and what refectful and informed support can look like on this date and beyond.

EPISODE LINKS: Clothing the Gaps website
Not a Date to Celebrate campaign
Sign the petition here.
Download their MP letter here.

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Acknowledgement of Country By Nartarsha Bamblett aka Queen Acknowledgements.

The advice shared on She's On The Money is general in nature and does not consider your individual circumstances. She's On The Money exists purely for educational purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needs. Victoria Devine and She's On The Money are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708, AFSL - 451289.

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What would you do if you woke up tomorrow and couldn’t earn an income anymore? How long would it be before your safety net ran out? In the forth episode in our Summer Starter Series, the conversation tackles the foundation most people skip, even though it’s just as important as budgeting, saving, or managing debt. Because every money plan relies on one thing first. Your ability to earn money. In this episode, Victoria breaks down why protecting your income is non-negotiable if you actually want your financial progress to hold up in real life. We walk through the types of personal insurance that matter, what income protection really does, and why default cover through super often isn’t enough.This isn’t about worst-case fear or scare tactics. It’s about smart risk management, so one unexpected health event doesn’t undo everything you’ve worked so hard to build.

GET YOUR INSURANCE SORTED: With Skye Wealth here. We have a long standing referal partnership with Skye Wealth, and only ever partner with people we trust.

LISTEN TO EP 1: Budgeting and Cash Flow
LISTEN TO EP 2: Managing Debt
LISTEN TO EP 3: Making Saving Easier

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