Finances and Saving Money

Re: Baby Savings Accounts

Pandas — Sat, 28 Jul 2012 17:38:37 GMT

Look into what is called an 'edvest' savings account for education.

Re: Baby Savings Accounts

Happiness182 — Thu, 02 Dec 2010 07:55:55 GMT

We've always purchased US Savings Bonds. They are available at any bank or credit union. http://www.savingsbonds.com/rates.cfm

Re: Baby Savings Accounts

ConstoDolus — Wed, 01 Dec 2010 21:58:23 GMT

ING has good savings rates (about 1-2% higher than regular banks) and very low fees. Its a bit of a pain getting the money out but if you're trying to save then that's a good thing.

Re: Baby Savings Accounts

smalltowncutie82 — Sat, 27 Nov 2010 15:14:26 GMT

Thanks for the info. I've been researching and it seems ING has a good kids account that links directly to your checking and generates decent interest. No minimum balance required which I really like and you can directly desposit.

Re: Baby Savings Accounts

mtgirl — Wed, 24 Nov 2010 00:44:58 GMT

Hmmm - our credit union has kid accounts that require $25 to open it/keep it open, but I don't think it's a national chain or anything. Have you called around? I prefer credit unions to banks so you might want to start there. Also, a 529 (college savings account) would be a great place to put money into as well!

Baby Savings Accounts

smalltowncutie82 — Tue, 23 Nov 2010 14:00:57 GMT

Do any of you know of a good bank for children's savings accounts? I want to start putting money each month in an account for Joshua and add the money he gets for gifts in there as well. The bank I have only has accounts that require a high minimum balance aside from the Free Checking I have with direct deposit.