Looking for gift ideas for the holiday’s? Well, according to Money.com, there are 5 great gifts that can make your child rich.

1) Roth IRA: This is for any kid that has some sort of earned income. They can contribute whatever they make up to $4,000 a year. When started young, the tax-free compounding over time produces a powerful payoff.

2) Alexander, Who Used to Be Rich Last Sunday: A book for 4 to 8 year olds which tells the story of a boy who has lofty plans to save the money for a big-ticket item, but instead blows it all in the face of life’s temptations and regrets it.

3) Payday Board Game: This game geared towards preteens, teaches them about working, investing, shopping, paying bills, even gambling occasionally. Plus, in various studies it’s been shown that kids learn more while playing.

4) The Sims 2: This game for teens is an add-on to the popular Sims series that lets players create and manage a business, such as a restaurant, boutique or spa. Teens learn the challenges of entrepreneurship, from hiring and firing to devising an effective marketing strategy.

5) Contribution to a 529 Plan: While kids may not get excited about this gift now, just wait a few years. When they owe thousands less in student loans than their college buddies do, you’re sure to get plenty of appreciation.