Originally appeared on E! Online

Hailey Bieber is taking the smart rhode.

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After selling her Rhode Skin line to e.l.f. Beauty, the 28-year-old shared what she plans to do with the money she made from the $1 billion deal.

Ultimately, she wants to store it somewhere safe for her and husband Justin Bieber 's 14-month-old son Jack Blues Bieber to have one day.

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"I want to preserve that for my son's future," the model told WSJ. Magazine in an interview published Oct. 14. "It's an amount of money that I have not dealt with before, so I just want to be smart with it."

One way she hopes to manage her profits? Bieber — who split $800 million in cash and stock

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