(Closed) Savings For College For Our Nieces & Nephews?

posted 8 years ago in College
Post # 3
Member
181 posts
Blushing bee
  • Wedding: October 2011

I set up a 529 account through Schwab for my niece.  My parents and I each contribute $25/mo to it.  She’s 2.5 and we already have one semester’s worth of books saved.  Pretty cool!

Post # 5
Member
3564 posts
Sugar bee
  • Wedding: August 2010

@Gerbera: Just a question–how did your siblings react to this? Darling Husband and I have discussed doing the same thing for our nieces and nephew, but I’m worried that my sister and his brother might get offended–almost like we’re saying that they’re not capable of providing for their kids themselves, or that they need handouts. So I’m just curious to know if you faced any of those issues? Thanks, and I also want to say that it’s such a great thing that you guys are doing this! You’re a very good aunt! 🙂

Post # 6
Member
4137 posts
Honey bee
  • Wedding: May 2011

i got a lot of savings bonds when i was growing up from aunts and uncles. it was really nice when i got to cash them in a couple of years ago!

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