Wednesday, April 21, 2010

Moneybags

Ellie now has her very own bank account! I opened it for her today and made a whopping deposit of $20. Along with the account, Ellie got a free green piggy bank so she can start collecting her pennies :)
Brian and I are excited to try to save a little each month in an account for Ellie. Hopefully we can gather money in the account and then buy some CDs along the way, so the funds will actually earn more than 0.1 percent interest! Although every little bit helps, I suppose. It sounds like there a several good savings plans for children. I heard about one that Indiana offers that is tax-deductible... so that might be a good option. We'll keep exploring ways to save for Ellie's college, because we know higher education is getting so expensive and want her to have any leg up possible.

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