HEADSTART
Kids Investing Hub
Congratulations! You’re here, already progressing towards generational wealth. We're going to help you take the next steps, whether that’s passing on financial literacy, investing for your next generation, or both!
Kids Investing Hub
Congratulations! You’re here, already progressing towards generational wealth. We're going to help you take the next steps, whether that’s passing on financial literacy, investing for your next generation, or both!
What you’ll learn
How you can share this investing journey
How to get your portfolio started
How to choose between account options
How TFN’s come into play
How fees may impact your plan
How to prepare for when it’s time to gift
This calculator helps you figure out which app has the appropriate functionality based on your inputs.
STEP 1
Do you want a simple shareable app or a detailed portfolio view?
This can change along the way, so just go with what makes sense to get started with.
Simple shareable app
Screen-time you won’t mind! An app that’s easy to sit and chat through with kids, even set goals together. Accessible via both Pearler and the Headstart app.
Simple shareable app
Screen-time you won’t mind! An app that’s easy to sit and chat through with kids, even set goals together. Accessible via both Pearler and the Headstart app.
Detailed portfolio view
For a more advanced experience to invest across a range of markets, Pearler Shares minor account could be the right option for you.
Detailed portfolio view
For a more advanced experience to invest across a range of markets, Pearler Shares minor account could be the right option for you.
How to start investing for your kids
Type of Content • 1 chapter
Pearler Blog • 4 min
STEP 2
What will make up most of your portfolio?
This can change along the way, so just go with what makes sense to get started with.
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ETFs or managed funds
You want to start with simple diversification and passive investing as the building blocks for a long-term portfolio and educating the next generation.
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ETFs or managed funds
You want to start with simple diversification and passive investing as the building blocks for a long-term portfolio and educating the next generation.
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Individual companies
You want to start sharing learnings of investing in specific companies, commodities, or ETFs. The preferred choice for a more hands-on investing experience.
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Individual companies
You want to start sharing learnings of investing in specific companies, commodities, or ETFs. The preferred choice for a more hands-on investing experience.
Note: If you want to do both right now today a shares account will give you the most flexibility
Additional Information
Type of Content • 2 chapters
Get Rich Slow Club Podcast • 19 min
Pearler Blog • 6 min
STEP 3
Will you ever want to use the Kid's TFN?
Consider whether you want to keep things simple in your name, or maintain the option of handing over a portfolio one day.
NOTE:
Even if you’re not investing huge amounts, you are strongly advised to seek your own professional tax advice about the applicable tax consequences that may apply prior to selecting either option.🤝
My TFN, my tax obligation
Your portfolio, your tax obligation, but the minor is the beneficiary. This option can be used for a Shares or Headstart account.
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My TFN, my tax obligation
Your portfolio, your tax obligation, but the minor is the beneficiary. This option can be used for a Shares or Headstart account.
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Option to use Kid's TFN
Now or sometime before 18 they’ll earn money to invest, use their own TFN and have a separate tax return.
Note: only available with Headstart.
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Option to use Kid's TFN
Now or sometime before 18 they’ll earn money to invest, use their own TFN and have a separate tax return.
Note: only available with Headstart.
Note: If you want to use your kids TFN, this is only offered via Headstart
Additional Information
Type of Content • 2 chapters
Pivot Wealth Blog • 4 min
Pearler Help • 1 min
STEP 4
Do you plan to invest more than $500 at a time?
How much you intend to invest at a time can determine which type of minor account suits you better.
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Less than $500
You’re likely to invest smaller amounts, maybe from chores, an allowance, or even just on special occasions. Headstart enables you to invest micro amounts as you go.
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Less than $500
You’re likely to invest smaller amounts, maybe from chores, an allowance, or even just on special occasions. Headstart enables you to invest micro amounts as you go.
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$500 or more
You’re going to invest over $500 each time. This opens the possibility of investing directly into ASX listed shares or ETFs. See below for how to think about different fees.
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$500 or more
You’re going to invest over $500 each time. This opens the possibility of investing directly into ASX listed shares or ETFs. See below for how to think about different fees.
How to start investing for your kids
Type of Content • 2 chapters
Pearler Blog - Aussie FIRE e-book • 12 min
Get Rich Slow Club Podcast • 12 min
Start investing your way today
Start investing your way today
Headstart
A simple shareable app to kickstart your kids’ investing journey
Shares
A more advanced experience for investing on behalf of your children
Disclaimer
The information provided in this calculator is only a model to show you which of Pearler’s apps could be appropriate, based on several factors.
The results shown are only estimates based on current functionality and are not intended to be relied on when making a financial decision. Consider whether to get advice from a licensed financial adviser before making any financial decision.
We encourage you read more about the assumptions and limitations of this calculator by clicking here
What's the most cost effective way to invest for me?
This calculator helps you figure out the annual fees paid based on your investment frequency.
Not sure where to begin? Try our Kids Investing Costs Calculator. With this tool, you can see how far your investments could take you based on your investing type, amount and frequency. You can also determine which investing method – Diversified Portfolio or Direct Shares – would be more fee-friendly for you.
ASSUMPTIONS
What would you like to invest?
How often do you want to invest?
How much would you like to invest per investment?
$10
$10
$500
$1,000+
Disclaimer
The information provided in this calculator is only a model to show you how much it costs to invest, based on several factors.
The results shown are only estimates based on current pricing and are not intended to be relied on when making a financial decision. Consider whether to get advice from a licensed financial adviser before making any financial decision.
We encourage you read more about the assumptions and limitations of this calculator by clicking here