The Unintended Consequences of Free Money: A Closer Look at Trump Accounts Suze Orman's endorsement of Trump Accounts, a government backed savings program for children, has sparked renewed interest in this initiative.
While the $1,000 deposit into a child's account may seem like a generous gesture, it's essential to examine its broader implications.
Orman advises parents and grandparents with outstanding debts or inadequate emergency savings to prioritize their own financial stability before investing in their child's future.