<prompt> Human: i am thinking an IDA, if even possible, but am hoping to get some other ideas on ways to help her save for education or a home. Andor her daughters future. How can I help her acquire a savings?edit: back story. I used to work with students, and one student just really made me want to fight for her. When I moved on from that job, I told her that if she made it to graduation, I would come down for it. Shes made it, despite having a baby and experienced some other things high schoolers shouldnt have to experience, and Im so excited to go see her graduate. Id really love to set her up with a way to savetarget her money for her and her daughters future. I really like IRAs, I have always been tough with her and want her to know this fund isnt for whatever she thinks is best at the moment, so something that will help to provide structure for saving would be ideal. edit 2: apologies for horribly worded question. so many edits needed, thanks for answering to the point. edit 3: Thank you everyone, this advice is incredibly helpful! I cant wait to start researching. I will clarify, that this gift is for a high school student that did not receive the best education, and has little to no family support. That said, anything I set up for her should probably be simple to manage as 1 I am not managing her money or decisions and 2 she doesnt have a complex understanding of the world outside of her own. Not saying she cant understand or shouldnt learn how to, but just trying to be realistic and provide something that will set her up to build wealth, assets or at least a chance for her daughter. Thanks again!  <response>: Give her a copy of the millionaire next door and that is all. 