Just had a baby a month ago. She got about $1,500 in cash from various family member and friends. Me and the husband would like to open up a some sort of savings account for her and start putting money in ourself to go towards her future. I would like any advice or suggestions on what kind of account to open up to maximize her money. Name of institution and rates would be very helpful.
More info: We plan to put about $200-250 a month into this account and any future cash gifts she will receive from birthdays, holidays, grandparents, and such.
Thanks in advance.
Submitted July 20, 2018 at 02:08PM by fatmochi https://ift.tt/2uT7k5W
