<prompt> Human: Im all ears!  <response>: A 529 for college is the obvious initial answer. Frankly, as the father of two daughters the only other expenses that arent pay as you go kind of depend on your income level and how much you end up paying for her to do things. If you will send her to private school, then save against that. If you believe she may want and will deserve a big wedding, save against that. I havent paid for one yet, but I know my daughters and I imagine these are going to cost me a fair penny. Ill be happy to spend it, but...I wish I would have specifically had this in mind when they were little girls.A general savings plan to have money for random summer camps, school trips, travel sports teams, etc. is always nice to have.If you are in a family that buys cars for kids, save for that at some point. 