Hey MMM Crew
Our daughter just turned 1, and we have about $1k in her savings account at the moment. Both sets of grandparents are contributing towards college funds for her, one in a 529, one through an Edward Jones account (that I don't have the details on). So, DW and I have been moving money into her savings when we are able, and any monetary gifts for her are going there as well. Since she won't need her own money for, oh, several years, I think there might be better things to do with her 1k than leave it in a savings account earning %.00001.
So, thoughts on what we should do with it? Something we can continue to contribute to and when she needs money (car, college, etc.), we'll have access to it without penalty, thoughts?
