Good evening fellow hubbers and readers,

Throughout the past year I have spoken to various parents within my life and found an alarming rate have no plan of how to fund their childrens future endeavors. Most say that their children will have to get a job, or take out financing to fund their continuing education after school. I myself find this to be very disheartening. My wife and I made it a point to start saving for our son early on. At the age of 2 months, we opened an investment and savings account which we allocate a set amount per month to.

With the rate of inflation and cost of living increasing and the importance of a good education becoming ever more imperative, we as parents must look to the future. We need to save and allow compounding interest to grow some money to give our children a good start when leaving the nest. Just as we feed, clothe, and nurture our children we to have the obligation of giving them the best chance to have some financial security.

Through investing and saving your child can also be taught the importance of being respectful and strict with money. Too many individuals today are taught to rely on credit without having the money to pay the bill, hence the amount of defaults happening in this economy. I myself learned the hard way when my credit affected my career with the military. But through this mistake I have learned that money is a tool to be used wisely.

The other positive of saving and investing for your child is the ability to fund a gift they may have. If you realize that your child at an early age has a talent in one area you can fund the growth of this to turn into a solid career. If your child has a talent and it cant be funded, then that could turn into a negative impact on your child.

Through consistent saving and investing my wife and I have given our son a great start with his future. He is now 22 months old and by the time he needs the money we are saving he will have a solid foundation of how to treat money, and how to use it as a tool to reach his goals. I do not recommend that parents sign over an account at the age of 18 as this is very risky. I believe that very few 18 year olds have the restraint to not spend the money aimlessly. Even if you educate your child to the best ability, they will still want to spend the money on wants and not needs.

There are many online investing and saving platforms that are safe, secure, and user friendly to help your child get a headstart. I encourage anyone that wants to help start their children out on a solid financial road to start as soon as possible, before we know it, our children will be in our shoes. Lets leave our children a better, more stable place than we have. Here is to our children and our future!