Go Back  British Expats > Living & Moving Abroad > USA
Reload this Page >

Long term gifts for a baby

Long term gifts for a baby

Thread Tools
 
Old Feb 21st 2017, 12:35 am
  #1  
BE Forum Addict
Thread Starter
 
tom169's Avatar
 
Joined: Mar 2015
Location: NC, USA (ex Yorkshire)
Posts: 4,375
tom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond repute
Default Long term gifts for a baby

A couple family members (here in USA) whom we are close to are expecting their first child.

When I was born I was gifted a UK Treasury bond from my aunt and uncle and I think it was a great gift. It gave me a some cash when I was 18 (IIRC) and sparked interest in economics, saving money etc.

From researching Treasury Direct bonds it seems a PITA as I'd need to know the baby's SSN - hardly a surprise and i'd not give out my baby's SSN never mind ask for someone else's.

Does anyone have ideas of a similar gift here?

I guess setting up a college fund and the baby as a beneficiary could work? I'd just end up having to maintain it for the next 18 or so years...
tom169 is offline  
Old Feb 21st 2017, 12:42 am
  #2  
 
Pulaski's Avatar
 
Joined: Dec 2001
Location: Dixie, ex UK
Posts: 52,446
Pulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond repute
Default Re: Long term gifts for a baby

A bullion coin or bar, of metal and weight of your choosing.

Starting as low as a silver dollar (1oz, .999oz pure silver), which is currently just over $20, is a handy gift for the sprog of a casual acquaintance, and as they are issued each year, a momento of the year of their birth too.
Pulaski is offline  
Old Feb 21st 2017, 1:59 am
  #3  
Bob
BE Site Lead
 
Bob's Avatar
 
Joined: Aug 2004
Location: MA, USA
Posts: 92,170
Bob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond repute
Default Re: Long term gifts for a baby

Originally Posted by tom169

From researching Treasury Direct bonds it seems a PITA as I'd need to know the baby's SSN - hardly a surprise and i'd not give out my baby's SSN never mind ask for someone else's.
You can do it under the parents social, not just the kids...but yeah, you'd still need to know someone else's social, so a PITA.
Bob is offline  
Old Feb 21st 2017, 3:46 pm
  #4  
BE Forum Addict
Thread Starter
 
tom169's Avatar
 
Joined: Mar 2015
Location: NC, USA (ex Yorkshire)
Posts: 4,375
tom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond reputetom169 has a reputation beyond repute
Default Re: Long term gifts for a baby

Originally Posted by Pulaski
A bullion coin or bar, of metal and weight of your choosing.

Starting as low as a silver dollar (1oz, .999oz pure silver), which is currently just over $20, is a handy gift for the sprog of a casual acquaintance, and as they are issued each year, a momento of the year of their birth too.
That would make a neat gift. I've not thought of that. Will mention to the wife.
tom169 is offline  
Old Feb 21st 2017, 7:06 pm
  #5  
Concierge
 
Rete's Avatar
 
Joined: Apr 2001
Posts: 46,387
Rete has a reputation beyond reputeRete has a reputation beyond reputeRete has a reputation beyond reputeRete has a reputation beyond reputeRete has a reputation beyond reputeRete has a reputation beyond reputeRete has a reputation beyond reputeRete has a reputation beyond reputeRete has a reputation beyond reputeRete has a reputation beyond reputeRete has a reputation beyond repute
Default Re: Long term gifts for a baby

I always used my own SS# when I purchased bonds for my niece and nephew.
Rete is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.