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Do you have a college fund for your child/children?

 
kjbennett26

Asked by kjbennett26 at 7:15 PM on Jun. 29, 2010 in Money & Work

Level 23 (15,648 Credits)
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Answers (5)
  • Yes. We have pre-paid college funds for our girls and DH had the same plan for his son (who has already graduated).
    5BabyBees

    Answer by 5BabyBees at 8:27 PM on Jun. 29, 2010

  • Yes, sort of. We save all our change and any cash he gets and it is in a savings account for him in case anything ever happens to us before he turns 18 and once he turns 18 he can have it.

    He only has 600 so far though but we didn't start until he was a year old and he is almost two now.
    mrsbean08

    Answer by mrsbean08 at 7:19 PM on Jun. 29, 2010

  • My ex and I do.. but building residual income and teaching your kids to work online is a very smart idea.
    imomnews

    Answer by imomnews at 9:40 PM on Jun. 29, 2010

  • Yes, we just started a 529 plan this month for our daughter.
    Christina807

    Answer by Christina807 at 11:01 PM on Jun. 29, 2010

  • Yes; opened a brokerage account and savings account for each child when I became pregnant. Oldest goes off to college next year and will be set (financially). Youngest is still a few years away and we're right on track with the savings plan (though she's quite the brainiac and we're hoping she'll ultimately end up with a scholarship).
    FootballMom85

    Answer by FootballMom85 at 6:37 AM on Jun. 30, 2010