Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

1 Bump

Savings

how much is a good amount in every month to your LO's savings account to save for them???

Answer Question
 
kristianmommy

Asked by kristianmommy at 5:48 AM on Jun. 5, 2011 in General Parenting

Level 12 (760 Credits)
Answers (6)
  • i randomly put $ in their accounts. they each have 2 cds in 2 diff credit unions in their names in case something happens to me. their fathers arent involved in their lives at all. also i put about $1,000 away for each kid with some of my tax return every year. i've been investing and saving their money since each were born. i don't touch their money at all... for no reason.
    mrsary

    Answer by mrsary at 6:16 AM on Jun. 5, 2011

  • like 100 a month
    smiley745

    Answer by smiley745 at 9:26 AM on Jun. 5, 2011

  • Save for our children. Well that clinches it, we are the worst parents in the CM world.
    meooma

    Answer by meooma at 9:43 AM on Jun. 5, 2011

  • whatever fits your budget and doesn't cut you short
    Christmaslver68

    Answer by Christmaslver68 at 2:59 PM on Jun. 5, 2011

  • perfectly said Christmaslver!!
    mrsary

    Answer by mrsary at 3:49 PM on Jun. 5, 2011

  • its depends on your income a 10% for savings of your salary?
    GlitteribonMom

    Answer by GlitteribonMom at 10:02 PM on Jun. 5, 2011

Join CafeMom now to contribute your answer and become part of our community. It's free and takes just a minute.
close Join now to connect to
other members!
Connect with Facebook or Sign Up Using Email

Already Joined? LOG IN