UNest Review 2024 | Best Investing App For Kids?

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UNest is a mobile app designed to help parents save and invest in their child's future. It offers a flexible investment account that goes beyond just saving for school-related expenses. Unlike traditional 529 savings accounts, UNest funds can be used for any expense that benefits the child.

One of the key advantages of UNest is the ability to choose between different investment portfolios based on risk tolerance and other factors. This feature is particularly beneficial for beginner investors who may not have the time or expertise to research individual stocks and companies.

However, it's important to note that UNest requires minimum monthly contributions and a subscription fee. These fees should be taken into consideration when evaluating whether UNest is the right investment account for you.

⏰ Timestamps:
0:00 - Intro
0:46 - What is UNest?
2:18 - UTMA vs. 529 Accounts
3:01 - How To Sign Up To UNest
3:56 - How Does UNest Work?
5:30 - UNest Features
7:40 - UNest Pros
8:10 - Unest Cons
8:55 - Who is UNest Best For?

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Video host: Sean Lehman

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👉 DISCLAIMER: Sean Lehman, including but not limited to any guests appearing in his videos on behalf of The Modest Wallet, are not financial or investment advisors, brokers, or dealers. The content shared in this channel is not financial advice. All opinions, suggestions, tips, strategies, and recommendations shared are solely for entertainment purposes. For financial and investment advice please seek the counsel of a professional financial or investment advisor, and conduct your own due diligence.

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