<prompt> Human: I have three children under the age of 10. Their grandfather gave me 3,000 to split between them to start their savings accounts. Right now I have the funds in separate regular money market accounts at our credit union at a rate of .20. What should I do with these funds so my kids have a good savings by the time theyre older. Invest it how?, leave it where it is, etc?  <response>: If youre in the US, a 529 plan might be a good fit. 529 plans are tax-advantaged accounts intended for higher education expenses. 