3 Great Stocks to Buy for Your Kids With Your Child Tax Credit

Child tax credit payments are on the way. American families will receive up to $300 per month for each child under six years old. They'll receive up to $250 per month for kids between the ages of six and 17.

The most important use of this money, of course, is to help take care of your kids' immediate needs. Some Americans receiving the credits, though, will have money left over that can be used to help their children down the road.

This could present an opportunity to teach your children about investing while also investing in their future. Here are three great stocks to buy for your kids with your child tax credit.

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Source Fool.com