CHICAGO (WLS) -- Giving gifts are a big part of the holiday season, but that doesn't mean just toys and games. Giving a financial gift can last a lifetime.
A 529/College Saving Contribution, stock shares, charitable contributions and student loan assistance can grow over time. Financial gifts show a true investment in the future of the recipient. While a holiday gift is unlikely to erase the whole debt, it's extra money that provides added financial flexibility and may help him or her expedite the repayment process.
Kathy Roeser, a managing director and wealth advisor with Morgan Stanley in Chicago, sat down with Eyewitness News to weight the pros and cons of many financial gifts.
Giving financial gifts for the holidays
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