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mikeswife06
Drama Momma
Member since 9/06 9947 total posts
Name:
Anne
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Saving for baby
What IYO is the best way to save for baby? A regular savings account? Something in their name? Not in their name? Custodial account? 529? Gerber Life? So many people say so many different things but I want to start for her once I get her SSN. What do you do?
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Posted 9/21/08 10:52 AM  |
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cluprncs3
LIF Adolescent
Member since 8/08 782 total posts
Name:
Katie
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Re: Saving for baby
We opened up just a regular savings account. We might do Gerber Life too. There are so many options to choose from!
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| Posted 9/21/08 11:22 AM |
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jodi714
Love my little girl!
Member since 2/06 3621 total posts
Name:
Jodi
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Re: Saving for baby
we have a reg savings and a 529.
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| Posted 9/21/08 11:32 AM |
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cjb88
Little Brother
Member since 5/05 3540 total posts
Name:
C
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Re: Saving for baby
i just opened a joint savings for her yesterday... but that is for when we get checks for her b-day or whatever- if we had a lot of money to put away for her we might do something else...
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| Posted 9/21/08 11:34 AM |
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julz33
i run for bacon
Member since 5/05 20584 total posts
Name:
julz
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Re: Saving for baby
We opened a regular savings and an ING account for Landon.
ETA: His money is currently in an ING cd.
Message edited 9/21/2008 12:03:51 PM.
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| Posted 9/21/08 11:49 AM |
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pinkandblue
Our family is complete, maybe
Member since 9/05 32436 total posts
Name:
Stephanie
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Re: Saving for baby
we have a 529
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| Posted 9/21/08 12:01 PM |
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FranM
And so it goes....
Member since 9/05 2217 total posts
Name:
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Re: Saving for baby
regular savings - (custodial account) and a 529
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| Posted 9/21/08 12:02 PM |
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itsbabytime
LIF Adult
Member since 11/05 9644 total posts
Name:
Me
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Re: Saving for baby
We have a 529.
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| Posted 9/21/08 12:41 PM |
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Erica
LIF Adult
Member since 5/05 11767 total posts
Name:
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Re: Saving for baby
are you aggressively saving for your own retirement? That's more important IMO. You can take out loans for college, you can't for your retirement and you don't want to be a burden on your kids.
ETA: our kids have 529s
Message edited 9/21/2008 1:47:39 PM.
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| Posted 9/21/08 1:46 PM |
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browneyedgirl
family is all that matters
Member since 6/06 6513 total posts
Name:
browneyes
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Re: Saving for baby
an ING account
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| Posted 9/21/08 3:51 PM |
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CathyB
Member since 5/05 19403 total posts
Name:
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Re: Saving for baby
We have savings accounts for them that any gifts they get go into.
We invest for them through our broker.
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| Posted 9/21/08 3:53 PM |
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LIMOMx2
...
Member since 5/05 24989 total posts
Name:
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Re: Saving for baby
We have a savings account that all his money for birthdays, etc go in and then a monthly contribution goes into his 529.
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| Posted 9/21/08 4:10 PM |
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HillW9608
Hello Summer!
Member since 5/08 5916 total posts
Name:
Hill
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Re: Saving for baby
Right now I have all her christening money in a CD.. its a 3 year and will be up in 09. Any other money we get we put into a savings account.
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| Posted 9/21/08 4:12 PM |
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lvdolphins
My Loves!
Member since 5/05 46292 total posts
Name:
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Re: Saving for baby
We have a savings account and a 529 for DS.
I also belong to Upromise.
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| Posted 9/21/08 4:18 PM |
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ArmyOfBabies
Growing older but not up
Member since 7/07 4427 total posts
Name:
Jeri
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Re: Saving for baby
We have a 529 for DD as well as a whole life policy and she has a few thousand in savings bonds.
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| Posted 9/21/08 4:35 PM |
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dawnygirl25
Growing up soo fast..
Member since 1/06 14917 total posts
Name:
Dawn
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Re: Saving for baby
right now we just have a savings account for her. Im thinking of starting a 529 too..
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| Posted 9/21/08 4:42 PM |
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Karen
Just chillin'!!
Member since 1/06 9690 total posts
Name:
Karen
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Re: Saving for baby
we have DD's money in an online savings account.
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| Posted 9/21/08 4:45 PM |
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MrsSchwags
Soccer Baseball Lax Mom
Member since 10/05 11240 total posts
Name:
Jennifer
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Re: Saving for baby
we have a regular savings account for each child and a 529
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| Posted 9/21/08 5:00 PM |
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