It’s common for parents to open savings accounts for their children at a young age. Whether they are meant to cover future education costs or just put funds away so that the child has a little money when they come of age, it’s a smart way to get kids started on the right track.
A new trend aided by SparkGift, a startup in the financial space, is taking that one step further. SparkGift allows anyone to gift shares of a company to others. Allowing gift givers to give fractional shares starting at as little as $20, the company makes it easy for friends and family to look out for the future financial well-being of those not yet old enough to plan their own finances. For more, read the full story here.