Why An Investment Account For A New Baby Is Smart

 When a baby is born, there's all sorts of excitement buzzing through the air. 

A new life! Hooray! It's a cause for celebration. 

Gifts pour in. And true, sometimes they are needed, while others are immediately exchanged or forgotten in a closet, collecting dust.

A gift that will always be a smart idea and will NEVER collect dust, is a UGMA investment account. You might be thinking, what? An investment account? How boring! 

But it's truly not. 

Starting an investment account for a new baby is the right move, and I have many reasons why. 

1. When the baby reaches adulthood, they'll already have money to begin their life. Need college money? It'll be there. Skipping college and going into a trade? Cash is available. Taking a gap year? The trip is funded! 

2. The investment accounts don't require a bunch of money to open. You might be thinking, "Who has $100 or more to spare these days?" You're in luck! Many can start with as low as $20.

3. Cash, stocks, and bonds are able to be sent into the account. Kids don't need more toys. They'll always be pleased with money, I promise. Toys wind up broken and all over the house. If you want to keep a clean home, an investment account is the way to go. Family members and friends will be grateful if you're just like, "Donate to this account instead of going to crowded stores to purchase something my toddler might not even LIKE." 

4. Money grows each month. The more that is put in, the faster the account expands. It always is a wonderful feeling to see numbers go up. You'll feel a peace of mind knowing your little one will have cash on hand. 

5. Yes, you CAN get money out before the children are adults without penalty. Life happens and children are expensive. So long as they money is proven to be for the child, you will not be hit with fees. 

So yes. forgo the STUFF after a baby is born and open an investment account. Time flies by and before you know it, that baby will be a fully grown adult. Surprising them with a chunk of money will be welcome and celebrated. 

So will you be starting an investment account for your child or one in your life? 

Tommy Went To Paris

 "Eat all those pastries and think of me," was one of the last things I said to Tommy before he left for Paris.

France knows how to make a pastry. And a baguette. And...basically everything. Oh, and I was impressed Tommy could fit all he needed in a carry on bag. When my daughter went to Paris, the carry on bag was filled with her shoes. Then she had a whole ass suitcase for the rest. 

His trip to Paris went smoothly. And yes, he's doing a solo trip. He went to Canada on his own in May and got bitten by the travel bug. 

No delays. 

And he landed, and basically hit the ground running. 

He's been to many of the famous landmarks:

And of course he got some incredible food. I am so jealous of this baguette sandwich. When Natalie and I went to Paris, I ate so many of these. They're fresh. Delicious. Filling. And generally affordable. 

He's there until next week and has a full itinerary. I know he's going to have a memorable time. Paris is a city that has it all: history. Culture.

And food. 

Hey, It's Okay

I got this idea from Glamour magazine. You can link up any day of the week. All you have to do is make a list of what you're okay about. Simple! Please do not link up a post that has nothing to do with Hey, It's Okay. It's rude and I'll delete the link.

HEY, IT'S OKAY....

 ....to hope Tommy has an amazing time in France. He's taking a solo trip this week and promises to text so I know he is still alive.

.....to be glad Natalie had a wonderful time at the My Chemical Romance concert. She said it was the coolest concert she's ever been to.

.......to love that all the Halloween decor is out in stores. Everything is so fun to look at. 

.....to be glad Natalie is coming home for the weekend. I am making chicken paprikash and we'll probably watch some Dawson's Creek. 

.....to think it's cute that the cats do not want Tommy to go. Plops keeps jumping into the suitcase. 

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