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Savings accounts for kids

Posted by on Jan. 6, 2013 at 12:09 PM
  • 23 Replies

Do you have savings accounts or college funds set up for your kids?

by on Jan. 6, 2013 at 12:09 PM
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Replies (1-10):
Moms_Angels1960
by Cheryl on Jan. 6, 2013 at 12:14 PM

We don't for our dd have either of these but we do have some other form of things going for her.

ambermario4ever
by Member on Jan. 6, 2013 at 12:26 PM

No but I wish we did.

BipolarMom09
by Member on Jan. 6, 2013 at 7:30 PM

We don't, currently. My husband just started working full time again so once we get the income rolling in steady again, we will start saving up again for the boys. We have two boys now, ages 3 and 2, and another boy due in May! We better get to saving!! LOL

lalasmama2007
by on Jan. 6, 2013 at 7:43 PM

Yes, we do.

Amy127
by Bronze Member on Jan. 6, 2013 at 9:04 PM
I have an envelope with their names on it. I add to it when they get cash for gifts on holidays.
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HisSweetheart07
by on Jan. 6, 2013 at 9:52 PM

Both kids have saving accounts. But no College funds yet. 

Roo1234
by Member on Jan. 6, 2013 at 9:53 PM
Yes. The all three kids have both.
Bob192
by Member on Jan. 6, 2013 at 10:44 PM

The two oldest have a small savings, but not in an account yet.

MichelleK41
by on Jan. 7, 2013 at 7:33 AM

Yep savings acct.'s.

baconbits
by Bronze Member on Jan. 7, 2013 at 10:08 AM

 My three all have savings accounts that when they turn 16 they can use toward a car or keep saving for college. Basically it's just the money they save in their piggy banks, gifts, etc. We do allow them to spend part of their birthday cash (that's what it was meant for) but part of it also has to be saved. It's not a lot but it is slowly starting to add up and they don't keep a bunch of money in their bedrooms to play with.

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