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"The state of Virginia created an option for a college savings plan that begins at your baby shower [via  Forbes]. A Virginia 529 can be set up by a friend or family member, who must be able to provide the baby&amp;#039;s name and birthdate.  For  example:  You&amp;#039;ll never guess what Morris is taking this weekend as a gift to a friend who just had a baby boy. A gift certificate showing that she made a $50 contribution to his Virginia inVest 529 plan. Her friend sent her a text message last week saying she set up the account. All you need to make a contribution is the child&amp;#039;s name and date of birth.  Morris, you are the most considerate baby-shower goer. \uFEFFSeriously! It turns out that 55 percent of millennial parents are &amp;quot;starting to save by opening up 529 accounts between child&amp;#039;s birth and five year birthday,&amp;quot; and that that pays off savings-wise. Most of these types of college savings account have about $3,000 in them, and under Virginia rules, you can donate as little as $25 dollars to a this kind of 529 fund, which is actually an amazing gift.  Nothing says &amp;quot;I love you&amp;quot; in this day and age like&amp;amp;nbsp;&amp;quot;Here is money for college because college is expensive as shit.&amp;quot; Follow Tess on  Twitter. "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.cosmopolitan.com/college/news/a30310/baby-shower-college-funds/>