What do you do?

Question

What do you do when your LO gets money for their birthday/holidays. Do you spend it on stuff for them (clothes, toys, diapers, etc...) or save it for them?

Answer

We put in her sprout account :) the bank will match 10% of our yearly contribution on top of it accruing interest .

Answer

I bought grocery's 🤣

Answer

We have 2 piggy banks in the house, 1 for paper bills and 1 for change, and then we also have a savings account set up for her and a 529 which is an investment account she can use toward college when she’s old enough.

Answer

I put it in her education savings fund

Answer

I save Have a piggy bank opening a savings account once she gets to 100$

Answer

Either put itin Her RESP or her savings account.

Answer

My husband and I opened a education fund for my little one . I live in Ohio so it's called Ohio 529. We deposit all that in there.

Answer

Our little one has two accounts one is a college save account and the other is a regular savings

Answer

We will spent it on things we need at that point in time, but will put the money back into a savings account when we have the spare cash

Answer

It goes into a savings account.

What do you do?

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