How to gift stocks and bonds this holiday season

The video provides guidance on budget-friendly gifting during the holiday season, emphasizing the importance of financial mindfulness. It suggests alternative gift ideas like investments in stocks and bonds, which can be both educational and financially beneficial. The video also covers traditional gift-giving strategies, such as making lists, using technology for discounts, and leveraging credit card rewards. It encourages viewers to focus on meaningful gifts that don't cause financial strain, highlighting that quality time with loved ones is invaluable.

What is a key benefit of setting up a custodial account for children?

• It allows children to buy stocks independently.

• It teaches children good financial habits.

• It provides instant financial returns.

• It is a tax-free account.

Who must approve transactions in a custodial account?

• The bank

• The child

• The custodian

• The stockbroker

Where can you purchase savings bonds as gifts?

• At a local post office

• Through a stockbroker

• On the Treasury Direct website

• From any retail store

Which tool can help you find discounts while shopping online?

• Early Bird

• Honey

• Goal Setter

• Stockpile

What is considered the most valuable gift according to the video?

• A luxury item

• Quality time with loved ones

• A savings bond

• A high-value stock