From Our Editors
College tuition can be expensive, but GradSave lifts some of the financial burden off of parents' shoulders by giving their friends and family the ability to help. On the company's webpage, parents can create a profile for their youngster at any time—as early as the day she's born. Parents then invite loved ones to follow the page, which sends out updates on landmarks in the kid's life such as birthdays, graduations, and the day they hit seven feet tall. At any point along the way, page visitors can make a donation straight to the child's college fund, which GradSave will ferry to a linked 529 account, or store in an FDIC-insured account at Bank of America.