I went and did the FWF unthinkable and had a baby(6 weeks old now)
She was born in late decemeber so got a tax break but had an extra $2500 deductable.
Whats the best way to use her to make extra money with her.
Her income so far is $60 from SSI(born a primie so gets $30/m for 2 months) and $300 from X-mas. I am expecting another $200 or so a month from grandparents towards college fund.
I try and put $600+ a month in savings. If possable I would put a few grand in her account to make the bonus young saver intrest.
I know some banks give higher intrest for childrens saving accounts. But how young do they start? Which are the ones with highest rates and highest maximum account balance?