If you have a friend or family member who is expecting a child, it can be difficult to decide on a baby shower gift. Itsy-bitsy clothes and toys are undeniably adorable, but may not be the most practical or valuable gift you can give to new parents, and they may already be overwhelmed with lots of toys and cute outfits as it stands. So rather than the charming knick-knacks that ultimately prove to be unnecessary, the gifts that really make a difference are much more appreciated by parents. For a gift that will really convey your sincere wishes for a child’s long-term well-being, consider contributing to their College Savings Trust by Prime Trust.
Practicality of the Gift
A College Savings Trust for expecting parents can really alleviate some of the stress they may be feeling as they prepare for the arrival of their little bundle of joy. With so many things that need to get done before the birth of their child, opening a college savings account may not seem like an immediate priority, but as you most likely already know, it’s never too early to start saving, especially for this specific major future expense. Helping them get a jump start on this important piece of the parenting puzzle is a useful and thoughtful way to contribute towards their child’s future. Any parent will truly appreciate a gift that promotes their child’s success in such a tangible way.
Furthermore, the cost of a college education is constantly on the rise. As we’ve pointed out in the past, college is more than just tuition when it comes to the expenses parents should prepare for. If parents are serious about giving their child the opportunity to attend college without struggling financially, it’s important to start saving as early as possible. Many parents will put this off because not all college savings plans allow parents to open an account before the baby is born. However, Prime Trust offers the option to open a College Savings Trust before the birth of the baby, making it a perfect baby shower gift.
A Gift That Keeps on Giving
The gift that is beneficial to parents in the long term is sure to be the most meaningful in the short term. Thinking ahead, a baby shower gift of just $100 invested into a College Savings Trust can grow to several hundred dollars by the time that tiny little baby is ready to head to college. What could be better than giving a present to people you care about that will continue to grow and make a lasting impact on their child’s future? New parents are focused on providing the very best for their child, and opening a secure investment that will build consistently is such a unique way to assist in their journey to accomplishing that goal. With every contribution and every additional deposit, parents are able to expand the possibilities available to their child.
Even better, there will be no need to brainstorm gift ideas with each birthday or holiday that comes around. You can simply add a little more to the College Savings Trust to keep building the overall amount invested. Parents can even invite other family members or friends to contribute to the College Savings Trust using a secure link. This opens up all kinds of opportunities for parents to grow their child’s account utilizing cutting-edge industry technology and easily accessible online tools from Prime Trust.
What You’ll Need to Get Started
Prime Trust has really simplified the college savings process, making it easy to open a College Savings Trust online in just five minutes while also making it easy for family and friends to help out and contribute. If considering giving the gift of education as a creative and meaningful baby shower gift, you can make gifts of as little as $25 (or can contribute as much as you’d like as there are no limits) to get the process started. Naturally the parents, as well as family and friends, will have the ability to make future contributions towards their child’s college education with no limitations. And as mentioned, parents can share a secure personalized link with family and friends to make gift deposits towards the account as well.
A baby shower is a time for excitement and celebration, showering expectant parents with gifts to assist and support them once their new baby arrives. From birth to age 18, parents are likely to spend hundreds of thousands of dollars on various child-rearing expenses, and that’s BEFORE college. Although it may be tempting to spring for the cute clothes or toys, you might instead want to consider a more creative alternative. Something as unique as the gift of education with a College Savings Trust is a thoughtful and valuable way to provide your expecting loved ones with a head start on a promising future for their child.