Saving up for your kids

@sshazie (253)
Singapore
March 25, 2007 12:10pm CST
What is the proper time frame that most parents will plan for their kids financial expenses such as education, insurance and the works?
1 person likes this
2 responses
mypigbox
@mypigbox (2245)
• China
27 Apr 07
When we have married,it is the right time to save for kids.In the way we can do more things for kids.do you think so?
1 person likes this
sshazie
@sshazie (253)
• Singapore
2 May 07
yeah i wanna plan for my kids. i want them to feel as secure as possible especially financially as i know how money can make one go crazy and totally stressed out. i dun think i would want any kids if i think that i cannot provide enough for them and their future.
ladymoonstone143
@ladymoonstone143 (1507)
• United States
25 Mar 07
Insurance is definitely a must after a child is born. With regards to savings, whatever monetary gifts we got for our daughter, she got her own savings account. We tried to add to it monthly even if it is just for $10 or $20 but thru the years, it will definitely add up. I also join upromise.com so at least whatever product she is using and is part of upromise, I can get something out of it. It is not that much but you got the option to add more to it and this is for like college savings. On the other hand, we will have no problem with her education because my husband is a veteran and she can avail of free education.
1 person likes this
sshazie
@sshazie (253)
• Singapore
26 Mar 07
Thanks for the tip! Really appreciate. I think i can manage starting a savings account with that minimal amount :)