What's the best savings account for a child?

Let’s learn what's the best savings account for a child. The most accurate or helpful solution is served by Yahoo! Answers.

There are ten answers to this question.

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Is it better to put savings for a child into a special childrens savings account or a normal savings account?

i am godfather to my friends newborn baby and i want to know if there are special savings accounts for children or should i just put them into a normal online savings account which has the best rates?

Answer:

Check out Dave Ramsey. He has a wealth of information. You can find him on the web, radio and tv. There...

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Other solutions

Whats the best savings account for high interest?

I have $2000 I'd like to put in a savings account. Currently I have a business economy savings and a personal savings, both Bank Of America. My plan is to put this money into savings and add $200-$300/month into it. I'm not going to be paying taxes quarterly...

Answer:

Your correction is correct. Bank of America pays some of the lowest interest rates, generally less than...

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What is the best type of savings account to open for a child?

I am thinking starting a savings or investment account for my 3 year old son. I would start it with $500 and contribute $30 per month into the account. I was thinking of opening up an account on Scottrade and doing long term bonds or opening up a high...

Answer:

Sharebuilder will let you buy stock for a child. This is a great way to start a child's savings. Scottrade...

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Answer:

Yes, they can. They should not be doing this if you have a current agreement and are paying what is...

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UK QUESTION: whats the best current account and savings account?

can you recommend a cuurent account to save £50 per month and a savings account to save £250 per month? what are the interest rates of each of the accounts? at the end of 12 months, how much will the balance be including the interest rate...

Answer:

Try this link. This bloke really knows his stuff on everything to do with saving money

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Whats the best bank account to open for savings (UK / Northern Ireland)?

Hi Guys, My pay currently gets paid into a Halifax account each month (A whopping £1000 per month) and I am pretty rubbish at having any left at the end of the month! I have worked out that I could spare about £250 per month and still be...

Answer:

An ISA is probably the best thing for you, if you're planning to put away £250 a month. You will...

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Whats the difference between BPI Express Teller savings account WITH and WITHOUT maintaining balance?

Hello fellow Pinoys. Ano po ba pinagkaiba ng BPI Direct Express Teller Savings Account na may Maintaining Balance sa BPI Direct Express Teller Savings Account na walang Maintaining Balance? Ano ba ang mas maganda? Parehas lang ba ang bya benifits/features...

Answer:

weightwatchers

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Can a parent withdraw money from a child's savings account without consent?

My parents opened a savings account for me when I was little so that I would have money for college. Recently, my dad has been reluctant to use that account and I've been wondering whether or not I still have money in it. I also have money that I received...

Answer:

Social security is off limits. Your father can not touch that money if it was set aside for you. The...

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Can I set up a savings account for this child?

I was just wondering if anyone can help me - Is it possible for me to set up a savings account for a child in another country when I don't know who their legal guardian is.... Basically, I worked at an orphanage & struck up a real bond with one of...

Answer:

Hi contact the red cross or over seas charities they will give you all the information you need.It is...

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Did you start a savings account for your child?

did you start a savings account for your child?

Answer:

No. I started an investment account for them. By the time they're out of school, it ought to be enough...

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