Related Musings. I opened savings accounts for my kids today.
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Related Musings. I opened savings accounts for my kids today.
| Mon, 11-14-2011 - 4:06pm |
Until now, we've tracked their savings as a subaccount in our account. Their amounts have never been high enough for interest to really be a factor, so subaccounting was working fine.
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| Tue, 11-15-2011 - 8:42am |
That's great. Mind if I thread-jack a second? DH's grandma gives each of the kids $50 for their birthdays and Christmas. We've been buying US savings bonds. Is this a good idea? Or would it be better to just save it in a normal savings account? We have separate 529 accounts, although I suppose I could add it to those accounts . . .
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