Originally appeared on E! Online

Hailey Bieber is taking the smart rhode.

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.

"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 from the deal with Rhode CEO Nick Vlahos, as well as her cofounders Lauren Ratner and Michael D. Ratner — explained, "I would li

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