Taking the head of financial experts to begin saving money
early, three month old Margot Butler started a blog to record
her saving deeds at the age of one month in her blog Financial Baby
Steps. With the help of some birth gifts from her
grandparents and uncle, she finds herself in the enviable
position of having a net worth exceeding $2200 at her young age.
The blog is an excellent resource for any parent with children
looking for information on how to save money for college and
beyond. It details what Margot is doing herself to increase her
net worth and save for college as well as following developments
in the news on college education savings opportunities. It also
gives an inside look into the decisions that all people face
when considering how to send a child to college and details how
Margot makes her decisions.
The blog gets updated daily and progress reported through
Margot's uncle. "It just seemed like a much better gift to give
than a baby outfit she would grow out of and never remember," he
said when asked why he started the project for his niece. "Mom
and dad were so busy being parents that providing a bit of seed
money and trying to grow it seemed like a good gift to give. The
blog seemed like a perfect way to show and encourage others to
begin saving early too, and hopefully cut through a lot of the
complicated options to help them save time when deciding how to
save money for their kids."
Although Margot doesn't currently have a specific figure for her
college saving goal, she still has plenty of time to consider
it. Time being the best friend of compound interest for saving,
Margot is taking advantage of as much time as she can by
starting so early. It's good advice for all those who would like
to pay for their kids to go to college.
"I’m sure you’ve all noticed that the main pages of Old baby I have a slightly new look – we’ve had a bit of a tidy up!
We think it’s a fair bit easier to browse through the listings. You can skip straight to the Ending Soon listings to see what you’re [...]
Thanks
Johnmclrn
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Comment By: Johnmclrn Date: March 5, 2010
"It gives an inside look into the decisions that all people face when considering how to send a child to college and details how Margot makes her decisions. The blog gets updated daily and progress reported through Margot's uncle. "It just seemed like a much better gift to give than a baby outfit she would grow out of and never remember," he said when asked why he started the project for his niece. "Mom and dad were so busy being parents that providing a bit of seed money and trying to grow it seemed like a good gift to give. The blog seemed like a perfect way to show and encourage others to begin saving early too, and hopefully cut through a lot of the complicated options to help them save time when deciding how to save money for their kids
Savings Guidance"
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Article: One Month Old Baby Begins Saving For College Blog Author: Jeffrey Strain Publication Date: 2008-01-27 Total Views: 544 Word Count: 296 Category:Home /
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