Adding Reply Archived Topic: It will not be bumped to the top of the forum. Topic money saved for my baby... Membername   Not a member? Sign Up Free (takes 20 seconds) Password   Forgotten your password? Post Font: Verdana Arial Black Georgia Comic Sans Impact   Size: Tiny Normal Big Huge   Color: Default Dark Red Red Orange Brown Green Olive Cyan Blue Dark Blue Indigo Black [ Check Spelling ] [ Post Preview ] [ LiveTags ] FAQ Keyword Search: Post Options Favorites Manager Notify me of new replies to this topic by email Notify me of new replies to this topic by private message Original Post daisydee23 Posted at 8:44 am on Jan. 5, 2009 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.

Replies ChemicEmotions Posted at 1:29 pm on Jan. 6, 2009 Quote: from dunebug at 11:22 am on Jan. 6, 2009 Quote: from ChemicEmotions at 10:06 pm on Jan. 5, 2009    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). It's entirely possible. But she only needs her parents to sign, not to be financially supporting her/her child. Even if she's not living with them, I just think they could spare 20 minutes to go down to the bank and sign a few papers. That's all they need to do. I know my parents wouldn't, but if I got pregnant before marriage they wouldn't even bother to remember my name. So. It's just a possibility. Not all parents are supportive of everything. Chiefette Posted at 11:31 am on Jan. 6, 2009 Savings bonds, and CDs.  They both have good interest rates, and are easy to use.  I do suggest savings bonds though.  They aren't in an account, you put them away and forget about them.  They double their value in 7 years, and they continue to be worth more over time. dunebug Posted at 9:22 am on Jan. 6, 2009 Quote: from ChemicEmotions at 10:06 pm on Jan. 5, 2009   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). It's entirely possible. But she only needs her parents to sign, not to be financially supporting her/her child.    Even if she's not living with them, I just think they could spare 20 minutes to go down to the bank and sign a few papers. That's all they need to do. ChemicEmotions Posted at 10:06 pm on Jan. 5, 2009 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). dunebug Posted at 9:30 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. Eidolon Posted at 9:11 am on Jan. 5, 2009 I would just make an account and have money deposited in it from a my monthly earnings yguinor Posted at 9:07 am on Jan. 5, 2009 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. ChemicEmotions Posted 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. daisydee23 Posted at 8:51 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 RachelLouise Posted at 8:49 am on Jan. 5, 2009 Children's savings accounts can pay as much as 6%. V. good fallenicon31 Posted at 8:48 am on Jan. 5, 2009 a bank abbigayle303 Posted at 8:46 am on Jan. 5, 2009 a bank ChemicEmotions Posted at 8:46 am on Jan. 5, 2009 get a CD or a savings account. justin1990rm Posted at 8:45 am on Jan. 5, 2009 Quote: from roflfuckyou at 11:44 am on Jan. 5, 2009 A bank? this SpasticTurnip Posted at 8:45 am on Jan. 5, 2009 a bank account ? Most recent 15 of 17 previous replies displayed.