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[quote=Anonymous]So we are starting to think about starting a savings account for the baby. We received about 1500 for the baby shower and instead of putting it towards things (since we are almost all set with that) we thought it would be good to use that as the first deposit to a savings account for the baby. We wanted to do a "matching" process - so for every birthday, baptism, event the baby has where cash is received as a gift, we will deposit and then match it. Thats our "intention" but lets see as its hard enough to save for ourselves! Anyways, for those who are saving, what types of saving accounts are you using? I figured a CD or trust to get the best rates since we do not plan on withdrawing from the accounts and it being a deposit only that we use towards college or for them when they graduate. Advice appreciated! Thanks.[/quote]
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