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My advice would be to invest into yourself by earning a technical or college degree, then by the time your children needed money for growing up, you would be in a much better position financially and be able to teach them the importance of study as a disipline.

But, other than that I really dont see an advantage in saving for the future when all you really have is today.

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13y ago
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10y ago

Starting a college savings accounts for small children can make starting college easier in the long run. You know that money is going towards college and isn't being used anywhere else.

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Q: What are benefits to starting a college savings accounts for small children?
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