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Guides / Money and paperwork

Saving for your child's future

Emergency fund first, then the rest.

4 min read

It's tempting to start a college fund right away. An emergency fund usually comes first.

In order

  1. Build an emergency fund
  2. Keep saving for your own retirement
  3. Consider a 529 education savings plan when you're ready
  4. Ask relatives to give to the 529 instead of more toys

Protect the family

Consider life insurance and a will to name a guardian.

General educational information, not medical advice. Nickel Nest Egg isn't paid by any baby brand, store, registry or insurer.