Mom Inspired Show With Amber Sandberg

How to save for your children’s future: Julie Lam: 132

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Synopsis

Have you ever wondered what is the best way to save for your kids college? Today we have Julie Lam with Good Egg Investments on the show and we dive into different ways to save for college, why 529s might not be the best route as well as teaching our kids how to invest.  You might remember Annie Dickerson from episode 124, where she talked about investing in real estate passively, her and Julie started Good Egg Investment and so I thought it would be great to hear from Julie this time. Julie shares with us how she plans on paying for an ivy league college education or have the flexibility to have money available for her kids to invest in businesses or themselves.  She explains how she is teaching her children about investing using a syndication model and what that looks like.  One topic that stood out to me was that for her situation, renting a home instead of buying has allowed her to have money coming in every month instead of out.  Hear what she says about this topic and more on the podcast.   If you li