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[quote=Anonymous]My kids don’t, but I did as a kid. My parents took me to the bank in my 18th birthday age I had full access to it. It was about 100,000 in 1993 and was supposed to be for college which was about that much for 4 years. Instead, I lived my best life shopping and ran out of money my last year of school. My parents didn’t make a lot of money and it disqualified me from getting any sort of aid. Would never get one of these for my kids now. It was my money and I could spend it as I wanted. Just because it’s supposed to be for college or a car, they can do what they want with it. Use a trust instead. [/quote]
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