(PRWEB) October 8, 2005 -- Taking the head of financial experts to begin saving money early, three month old Margot Butler started a blog to record her saving deeds at the age of one month called Financial Baby Steps ( http://www.financialbabysteps.blogspot.com ). With the help of some birth gifts from her grandparents and uncle, she finds herself in the enviable position of having a net worth exceeding $2200 at her young age.
“ Mom and dad were so busy being parents that providing a bit of seed money and trying to grow it seemed like a good gift to giv... ”
The blog is an excellent resource for any parent with children looking for information on how to save money for college and beyond. It details what Margot is doing herself to increase her net worth and save for college as well as following developments in the news on college education
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savings opportunities. It also gives an inside look into the decisions that all people face when considering how to send a child to college and details how Margot makes her decisions.
The blog gets updated daily and progress reported through Margot's uncle. "It just seemed like a much better gift to give than a baby outfit she would grow out of and never remember," he said when asked why he started the project for his niece. "Mom and dad were so busy being parents that providing a bit of seed money and trying to grow it seemed like a good gift to give. The blog seemed like a perfect way to show and encourage others to begin saving early too, and hopefully cut through a lot of the complicated options to help them save time when deciding how to save money for their kids."
Although Margot doesn't currently have a specific figure for her college saving goal, she still has plenty of time to consider it. Time being the best friend of compound interest for saving, Margot is taking advantage of as much time as she can by starting so early. It's good advice for all those who would like to pay for their kids to go to college.