It’s the holiday season and for many that means time with family and loved ones as well as pressure to find a perfect and meaningful gift. If it is important to you to give presents that provide lasting impact and never go out of season, consider a financial gift. Here are a few ideas you can feel good about giving.
Start a Savings Account
Help instill the importance of saving with the gift of a partially funded savings account. Consider opening a high-yield savings account or Roth IRA for someone you love to help them establish a relationship with a financial institution and learn the importance of a growing investment.
Contribute to Charity
Donating to a charity on behalf of a loved one can be a powerful way to give back while sharing your values with a future generation. Spread the holiday spirit by planning a day to volunteer together or contribute to a nonprofit organization that supports causes important to the person receiving the gift.
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