Rebecca from California
๐ค SpeakerAppearances Over Time
Podcast Appearances
If he wanted to and not have to make the car payment.
Exactly. And one's paid off, one's not.
Exactly. And one's paid off, one's not.
Exactly. And one's paid off, one's not.
Hey, thanks, guys. This is such an honor. And you guys have been such a blessing to my wife and I as we got through Financial Peace University. So thank you so much.
Hey, thanks, guys. This is such an honor. And you guys have been such a blessing to my wife and I as we got through Financial Peace University. So thank you so much.
Hey, thanks, guys. This is such an honor. And you guys have been such a blessing to my wife and I as we got through Financial Peace University. So thank you so much.
Yeah, so here's our situation. So my brother and sister-in-law surprised us by opening a 529 for our newborn son. And at first, we were appreciative
Yeah, so here's our situation. So my brother and sister-in-law surprised us by opening a 529 for our newborn son. And at first, we were appreciative
Yeah, so here's our situation. So my brother and sister-in-law surprised us by opening a 529 for our newborn son. And at first, we were appreciative
But when we asked how it works, since we didn't really know much about the logistics of 529, they revealed to us that we can't contribute since the 529 is under their name and that we would have to ask for permission, their permission, for how the money is going to be later deployed.
But when we asked how it works, since we didn't really know much about the logistics of 529, they revealed to us that we can't contribute since the 529 is under their name and that we would have to ask for permission, their permission, for how the money is going to be later deployed.
But when we asked how it works, since we didn't really know much about the logistics of 529, they revealed to us that we can't contribute since the 529 is under their name and that we would have to ask for permission, their permission, for how the money is going to be later deployed.
That's kind of a part of the question that we're talking about today is, number one, just understanding 529, but also just more or less handling family logistics of this. Now, just to add context, I do work in a family business politically for my brother, right? So we're even now we are planning on changing jobs eventually.
That's kind of a part of the question that we're talking about today is, number one, just understanding 529, but also just more or less handling family logistics of this. Now, just to add context, I do work in a family business politically for my brother, right? So we're even now we are planning on changing jobs eventually.
That's kind of a part of the question that we're talking about today is, number one, just understanding 529, but also just more or less handling family logistics of this. Now, just to add context, I do work in a family business politically for my brother, right? So we're even now we are planning on changing jobs eventually.
Now, of course, we're thinking that we're creating a situation where the 529 almost creates a financial dependency on them that might create future tensions down the road. So ultimately, we want to know your guys' thoughts about family members opening 529 for their relatives, in this case, their nephew, and what you think we should do. So
Now, of course, we're thinking that we're creating a situation where the 529 almost creates a financial dependency on them that might create future tensions down the road. So ultimately, we want to know your guys' thoughts about family members opening 529 for their relatives, in this case, their nephew, and what you think we should do. So
Now, of course, we're thinking that we're creating a situation where the 529 almost creates a financial dependency on them that might create future tensions down the road. So ultimately, we want to know your guys' thoughts about family members opening 529 for their relatives, in this case, their nephew, and what you think we should do. So
So, yeah, that's our contact.