Buck Sexton
π€ SpeakerAppearances Over Time
Podcast Appearances
I think there's a lot of different ways the tax code could support
parents and grandparents and family members actually providing child care for family, which happens all over the country and is a huge part of the safety net for families.
But yeah, again, just have you seen anybody complaining in Minneapolis about this?
It's just indicative of to what extent it is a fraud.
And by the way, this event that's going on right now, which we'll get into the so-called Trump accounts.
I actually think this is a great idea, Buck, and we talk a lot about financial literacy on this program, and we can get into this somewhat during the course of the program.
So few kids out there have financial knowledge or understand the concept of compound interest.
That is, if you start with $1,000 invested when you're really young and you just allow that money to continue to grow, it is transformative by the time you get to 20 or 30 years old.
That is very, very good of you.
I would suggest maybe Uncle Buck could also give a toy to a kid in addition to a... I don't think it's one or the other.
Let's not get crazy.
I think you probably could get a Tonka truck for a kid and also give him some help on his future college.
But I do think this compound interest idea is one of the least understood aspects.
And what it does is, and we'll have some fun with this because I do think it's important, but it...
teaches you the values and power of individual responsibility from a financial perspective and playing the long game as opposed to constantly trying to scramble in the short game.
We'll get into that.
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