Just opened a "Senior" account...

[believenfaith]

in anticipation of DD's and DS's senior years in high school (2016 & 2017 respectively)

I realized after this weekend, that both years are going to be really expensive not only for their costs (senior pics, college apps, proms, etc) but gifting $$ to the many children to whom we are really close that will be graduating at the same time.

I'm having $10/week drafted from checking to a special savings acct beginning next week. Over the course of 5 years, that will be at least $2500 to help defray the costs of 2 very expensive years

I may have to increase it over time, but at least it's a start

 

[lisaross]

Good for you! I also like opening accounts way in advance.. I have a Bar Mitzvah account opened for a few years already my son will turn 13 in 2013.

I opened a "braces" account a good year or so ago and am now using that to pay for my son's braces..

Always great to be prepared as much as possible..

in anticipation of DD's and DS's senior years in high school (2016 & 2017 respectively)

I realized after this weekend, that both years are going to be really expensive not only for their costs (senior pics, college apps, proms, etc) but gifting $$ to the many children to whom we are really close that will be graduating at the same time.

I'm having $10/week drafted from checking to a special savings acct beginning next week. Over the course of 5 years, that will be at least $2500 to help defray the costs of 2 very expensive years

I may have to increase it over time, but at least it's a start

 

[carseatmommy]

Hint for senior pictures: Get them done at the local Sears or JCPenney studio. Several hundreds of dollars cheaper! Or at least in our area they are.

Susan

 

[Aliceacc]

Also, take a look here:
http://www.disboards.com/showthread.php?t=2817408

 

[linnylu]

This is a great idea! I had a senior last year and another senior this year. There are so many expenses involved with senior year. My dh and I used our credit card points last year to get $25 reward gift cards or Bed, Bath, and Beyond gift cards and then used those for gifts at grad parties that we were invited to. DS was in a class where we knew a lot of the kids(and parents) well from marching band. We don't know as many in DD's class this year, so we won't need as many.