Phaedra Parks gave son $150K for 13th birthday to buy his own property

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Phaedra Parks gave son $150K for 13th birthday to buy his own property
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“Ayden is big into cryptocurrency and big into researching how to become a millionaire before he is 25,” Parks said of her financially-savvy son.

Phaedra Parks gifted her oldest son, Ayden, a staggering $150,000 for his 13th birthday so he can invest in future real estate.

“And so now he’s basically trying to figure out if he wants to do a little multi-unit duplex, you know, [start] his own little rental properties,” she said. “He’s basically trying to figure out if he wants to do a little multi-unit duplex, you know, [start] his own little rental properties,” she said of her older son.“I don’t come from a bad family. I come from a middle-class family of educators. However, they didn’t have the type of income that I have,” she admitted. “So while they probably would have wanted to able to do that, they didn’t have the means to give a kid $150,000 to buy something.

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