I have a niece and nephew who are 6 and 8 months old. I thought about starting some sort of college fund for Christmas but can't afford to do much, probably $50 each, and I probably wouldn't make monthly contributions. So then I thought about a savings bond. But how do you buy a savings bond? I have no idea. Alternatively I could just give the parents the money and ask them to open a savings account/529/whatever for their kid. I also don't want to commit to making a set contribution per kid, my sister's already talking about having more and I suspect my brother's family will be growing quickly as well, I could easily end up with 4-8 nieces and nephews. And who knows what my youngest brother will end up doing? I have no plans to have children of my own, although there is still time for that to change (I doubt it will unless I marry into a family).