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[quote=Anonymous]This is such a good idea OP. My grandmother started an account for me when I was younger. It was a mutual fund. I remember opening a nice check one year (I think it was $1000) and being disappointed. I was 10 and that meant the money was being tucked away and there was nothing *now*. Fast forward to being 30, pregnant and needing a HOUSE for the baby. Grandma's super generous mutual fund became something I repeatedly was thankful for. I still am thankful for it almost everyday. I send up thanks you to heaven and "i am so sorry for my bratty 10 year old self." [/quote]
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