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[quote=Anonymous]The most important thing is to make sure your finances are solid-- meaning retirement and some sense of what you'd do for an "emergency fund" (although IMO you may not literally need 6 months expenses in a bank). Your retirement is more important partly because no one will lend you money to cover living expenses in retirement, and partly because it's easier to move money from retirement funds to education than vice versa. If you have done that and want to put some money aside for college, then open a 529. savingforcollege.com has a ton of info. Basically for small amounts you are probably fine either opening an account in your home state if you get a tax deduction, or just opening one in Utah and using their low cost funds. You can tell them the kind of things you want to invest in, and then just send them a little each month.[/quote]
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