The goal of investing is to use the money you have to make more money. Investments can earn more money (sometimes much more) than you’d earn in interest from a traditional savings account. Be aware that all investments involve some risk, even though some are less risky than others. There are no guarantees that you will make money and often no protections from losing money.

• Mutual Funds
• 529 plans
• Coverdell Education Savings Accounts
• Uniform Transfers to Minors Act (UTMA)