Did you start a savings account for your child?

Yep. Two weeks after he was born we were down at our credit union opening an account for him and transferred money into it. We will build it over time.

We started one as soon as we got their social security number. We put all the money that anyone has given them in their accounts. When they got older they wanted to keep some of it and spend it. We let them have half and they saved half. When they got jobs they had to put up half of their money. They bought their first cars with that money. My youngest is getting ready to buy his.

my son was born after the government introduced child trust funds (these are now being replaced with junior ISAs) - he has a child trust fund.money is tight at the monet so we aren't able to make any more contributions than we already did (we put in a set monthly amount for about 18 months) 3 TDs for saying he has a child trust fund?it's a savings accounts,idiots.i didn't have a choice in the matter,i was just sent his voucher and set one up.had there not been this scheme in place,we would likely have set up a regular account for him

We buy I bonds for our daughters.