Excellent idea. My dad did something very similar for me for my birthday every year. In my case every year he got mutual funds for me, when I was 12 and my 'big gift" was something intangible it was pretty frustrating. When I graduated college I had the option of cashing out, but I've been reinvesting it ever since.
I like Hooligan's idea, match it up with something small. Kid's need something tangible. I didn't appreciate what my Dad had done for me till I was in my twenties.
I like Hooligan's idea, match it up with something small. Kid's need something tangible. I didn't appreciate what my Dad had done for me till I was in my twenties.