DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing · DIY Money

DIY Money Jr- Where to Put Savings

·16 min·1 clip

A candy bar that costs $1 today was 25 cents when the host was a kid—here's why that matters for your savings.

The hosts answer a question from 10-year-old Bobby about what to do with $383 in savings, explaining inflation, banking versus investing, and the importance of delayed gratification using the marshmallow experiment. They provide practical steps for opening a custodial account and investing in index funds and individual stocks.

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