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  LiveWire / Teen Forums / Teen Pregnancy & Parenting Support / Viewing Topic

money saved for my baby...
Replies: 17Last Post Jan. 6 1:29pm by ChemicEmotions
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( daisydee23 )


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Does and one know a company that I can send money to that will save money for my daughter and accumalate over time??? Not Gerber baby though cuz it did not like it.

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8:44 am on Jan. 5, 2009 | Joined: Mar. 2004 | Days Active: 322
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immaculate



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A bank?

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Please take me at face value.
You won't like what is underneath.

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santana 08

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Why dont you just make a fixed account at a bank?

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SpasticTurnip


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a bank account ?

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justin1990rm


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Quote: from roflfuckyou at 11:44 am on Jan. 5, 2009

A bank?

this


8:45 am on Jan. 5, 2009 | Joined: July 2008 | Days Active: 258
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ChemicEmotions


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get a CD or a savings account.

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It doesn't mean that much to me,
Sometimes I don't mean that much to you
And I don't even know what I'm hiding for...
And I don't even know what I'm crying for...

8:46 am on Jan. 5, 2009 | Joined: Nov. 2005 | Days Active: 771
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abbigayle303


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a bank

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j. dennie

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fallenicon31


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a bank

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RachelLouise


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Children's savings accounts can pay as much as 6%. V. good

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( daisydee23 )


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A bank account would be great but I can't open one. I wanted to just find a company i could send my money to and it will accumalate over time

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8:51 am on Jan. 5, 2009 | Joined: Mar. 2004 | Days Active: 322
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ChemicEmotions


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Quote: from daisydee23 at 10:51 am on Jan. 5, 2009

A bank account would be great but I can't open one. I wanted to just find a company i could send my money to and it will accumalate over time
How long before you're 18? You can start saving it now and when you turn 18 you can put it in the bank, that way you will have a good starting point. I'm assuming you want to make this a long term thing, maybe for the kids' college or car or something right? So you might as well wait until you're 18.

That's what I did anyway. I started to save up when I got a job, then I turned 18 and put all my savings into an account.

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It doesn't mean that much to me,
Sometimes I don't mean that much to you
And I don't even know what I'm hiding for...
And I don't even know what I'm crying for...


8:57 am on Jan. 5, 2009 | Joined: Nov. 2005 | Days Active: 771
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yguinor


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Quote: from ChemicEmotions at 8:57 am on Jan. 5, 2009

Quote: from daisydee23 at 10:51 am on Jan. 5, 2009

A bank account would be great but I can't open one. I wanted to just find a company i could send my money to and it will accumalate over time
How long before you're 18? You can start saving it now and when you turn 18 you can put it in the bank, that way you will have a good starting point. I'm assuming you want to make this a long term thing, maybe for the kids' college or car or something right? So you might as well wait until you're 18.

That's what I did anyway. I started to save up when I got a job, then I turned 18 and put all my savings into an account.


this.

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Eidolon


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I would just make an account and have money deposited in it from a my monthly earnings


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dunebug


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Why can't you open a bank account? There's youth accounts where there's no minimum amount, low ATM fees, etc. If you're not 18 yet, why can't you simply ask your parents to set one up? I can hardly see them saying "No" to you setting up a savings account for your child/their grandchild.

IMV, your money is safer in a local bank where you can access it, than in the account of some random company. In most cases, if that company goes under, they're not bound to return your money.

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ChemicEmotions


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Quote: from dunebug at 11:30 am on Jan. 5, 2009

Why can't you open a bank account? There's youth accounts where there's no minimum amount, low ATM fees, etc. If you're not 18 yet, why can't you simply ask your parents to set one up? I can hardly see them saying "No" to you setting up a savings account for your child/their grandchild.  

IMV, your money is safer in a local bank where you can access it, than in the account of some random company. In most cases, if that company goes under, they're not bound to return your money.



It depends if the parents are even still supporting her, which I doubt (and so they rightfully shouldn't).

I couldn't open an account under my parent's name because their credit was so bad lawl so that's also a possibility (and by credit, I mean they would take my money if they didn't pay any of their bills).

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It doesn't mean that much to me,
Sometimes I don't mean that much to you
And I don't even know what I'm hiding for...
And I don't even know what I'm crying for...


10:06 pm on Jan. 5, 2009 | Joined: Nov. 2005 | Days Active: 771
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