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Has anyone started a college fund for their kid?

 
Ewadun

Asked by Ewadun at 7:14 AM on Dec. 24, 2009 in General Parenting

Level 14 (1,661 Credits)
This question is closed.
Answers (5)
  • This is the best investment anyone can make, it will not gain you any interest but it will freeze the tuition rate at the time you buy, which is worth its weight in gold! tuition rise every year, and if you do this early on, imagine the savings. Plus you can get it all back in the event is not needed for whatever reason.
    older

    Answer by older at 8:47 AM on Dec. 24, 2009

  • I have. Actually, my father started it when my daughter was born. Now I try to put some money in it every month.
    Emmagr

    Answer by Emmagr at 7:25 AM on Dec. 24, 2009

  • About a week after she was born.
    rkoloms

    Answer by rkoloms at 8:29 AM on Dec. 24, 2009

  • No. We might one day if we can afford it. But we plan on our kids working through college and getting scholarships like my husband and I did. The kids all have their own savings accounts though. They are 4, 2, 1, and a newborn. We put all money we receive at their birth, and on their birthdays and Christmas, into their personal bank account.
    micheledo

    Answer by micheledo at 10:16 AM on Dec. 24, 2009

  • HAHAHAHA!! No....I should though!
    Starfire73

    Answer by Starfire73 at 12:08 PM on Dec. 24, 2009