She will have to earn that. But I will give her trips to visit relatives around the country and that will mean airline tickets in the future. If I could wait one more year, until she is 14, under current law, she has a favored tax rate for the profits. And she could take a friend along on three trips for my cost of one ticket a decade earlier. This gives you flexibility as laws change and increases the assets available to you later.
Retirement accounts are easy to establish.
The new Roth IRA even promises to let you have its earnings tax free.