#MoneyHack I bet you didn’t know, Part 16💡How to make your kids a millionaire.

Money hack I bet you didn't know, part 16. It's not that hard to help your kids become a millionaire. You just have to begin as soon as possible. If you have the resources to start this as soon as possible, I encourage you to do so. As always, let's check our handy-dandy compound interest calculator. You start at zero, of course, at an average of 8% rate of return, a duration of 18 years for the first 18 years of your child, you put $100 every single month and you come up with $48,000 and change. Okay, here's the fun part. $48,000 and change, you plug it in your calculator at the same average annual rate of return of 8% for the next 40 years. But here's the fun part, you put nothing else. You put zero for the next 40 years. Look at how much money your