My kids cd's came up for maturity and I renewed them for another 6 months at 5%. With birthday monies, etc. my 8 year old now has $1200 and my 5 year old has $800. Everytime they get money for holidays/birthdays, we put it in their savings and then their cd's once we can. Hopefully, by the time they turn 16, this money will be significant enough to contribute to their first car purchase.
Added to my kids CDs
November 27th, 2006 at 07:46 pm