A Ramsey Expert's Money Warning for Parents
A money expert took Donald Trump's $1,000 for his child then shared a big money mistake parents often make.
George Kamel works for Ramsey Solutions. He received $1,000 for his son. This gift came from former President Donald Trump. Mr. Kamel put the money into his son's account.
Then he shared a warning for other parents. He sees many parents making a key money mistake. They put money aside for their children's future. This happens before they pay off their own debts.
This choice can hurt families in the long run. Parents should get out of debt first. Then they can save for their children. This path builds a stronger financial future for everyone.
Mr. Kamel's advice is clear. Build your own strong financial base first. Then you can truly help your children thrive.
Source: Fox Business
