https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Mon, 13 Jul 2026 12:01:00 +0000 https://boards.hellobee.com/topic/starting-a-savings-account-for-lo#post-465544 Wed, 26 Dec 2012 17:33:30 +0000 BananaPancakes 465544@https://boards.hellobee.com/ <p>Awesome. Thanks for the info ladies!! </p> https://boards.hellobee.com/topic/starting-a-savings-account-for-lo#post-465534 Wed, 26 Dec 2012 17:09:45 +0000 winniebee 465534@https://boards.hellobee.com/ <p>We just put all money he receives into his 529 account (college fund) </p> https://boards.hellobee.com/topic/starting-a-savings-account-for-lo#post-465493 Wed, 26 Dec 2012 16:24:13 +0000 Mrsbells 465493@https://boards.hellobee.com/ <p>@Mrs. Jacks: oh ok cool .Thanks for that information </p> https://boards.hellobee.com/topic/starting-a-savings-account-for-lo#post-465491 Wed, 26 Dec 2012 16:22:29 +0000 Mrs. Jacks 465491@https://boards.hellobee.com/ <p>@Mrsbells: usually five dollars or so :) </p> https://boards.hellobee.com/topic/starting-a-savings-account-for-lo#post-465483 Wed, 26 Dec 2012 16:14:38 +0000 Mrsbells 465483@https://boards.hellobee.com/ <p>@Mrs. Jacks: oh I see, but do they have a minimum amount to start the account </p> https://boards.hellobee.com/topic/starting-a-savings-account-for-lo#post-465479 Wed, 26 Dec 2012 16:12:51 +0000 Mrs. Jacks 465479@https://boards.hellobee.com/ <p>@Mrsbells: I found one in Chicago, one in Seattle and one in the bay area. You can search the national association of credit unions. Some don't require you to be local. </p> https://boards.hellobee.com/topic/starting-a-savings-account-for-lo#post-465477 Wed, 26 Dec 2012 16:09:52 +0000 Mrsbells 465477@https://boards.hellobee.com/ <p>@Mrs. Jacks: wow that is a lot. I wonder if we have any in our area. Will have to look into it </p> https://boards.hellobee.com/topic/starting-a-savings-account-for-lo#post-465475 Wed, 26 Dec 2012 16:08:31 +0000 Bao 465475@https://boards.hellobee.com/ <p>We just have an account for our LO through our credit union. </p> https://boards.hellobee.com/topic/starting-a-savings-account-for-lo#post-465474 Wed, 26 Dec 2012 16:07:57 +0000 Mrs. Jacks 465474@https://boards.hellobee.com/ <p>@Mrsbells: at some credit unions you can get as high as 6%! (usually until some limit... One of ours is $25,000, another is only on the first $1000.) </p> https://boards.hellobee.com/topic/starting-a-savings-account-for-lo#post-465472 Wed, 26 Dec 2012 16:07:38 +0000 prettylizy 465472@https://boards.hellobee.com/ <p>We have a basic savings account for her right now and that is where her money goes. We talk about getting a registered education savings plan but we haven't pulled the trigger yet. </p> https://boards.hellobee.com/topic/starting-a-savings-account-for-lo#post-465468 Wed, 26 Dec 2012 16:05:22 +0000 MamaMoose 465468@https://boards.hellobee.com/ <p>Most of our daughters money will go in a 529 as soon as we get her social security number. We also have a separate checking account (in our names) that is earmarked for her. Because its held at a brokerage firm we will probably purchase some stock in there soon. </p> https://boards.hellobee.com/topic/starting-a-savings-account-for-lo#post-465467 Wed, 26 Dec 2012 16:05:14 +0000 Mrsbells 465467@https://boards.hellobee.com/ <p>we have a kids saver orange account with ing. its an online account and ithas great interest rate of .75% </p> <p><a href="https://home.ingdirect.com/kids-savings-account" rel="nofollow">https://home.ingdirect.com/kids-savings-account</a> </p> https://boards.hellobee.com/topic/starting-a-savings-account-for-lo#post-465459 Wed, 26 Dec 2012 16:01:43 +0000 Mrs. Jacks 465459@https://boards.hellobee.com/ <p>We did a credit union account with a high interest rate for each girl, but most of heir money goes into their 529 accounts. </p> https://boards.hellobee.com/topic/starting-a-savings-account-for-lo#post-465437 Wed, 26 Dec 2012 15:33:37 +0000 T.H.O.U. 465437@https://boards.hellobee.com/ <p>We just have a normal Bank of America account that's just saving no checking. If we deposit $25/month there are no fees. </p> https://boards.hellobee.com/topic/starting-a-savings-account-for-lo#post-465356 Wed, 26 Dec 2012 13:51:39 +0000 BananaPancakes 465356@https://boards.hellobee.com/ <p>This is our son's first Christmas, and he's already racked up a few hundred dollars, so I'd like to do some sort of savings account for him. Any thing I should be looking for in an account? Do you have one and how do you utilize it? I think I just want to start saving everything he receives now, before he understands he can buy things with the money, and maybe contribute $5-$10/week ourselves. </p>