Trust funds.
TrustEgg is the simple, social way to save for a child's future. TrustEgg will dramatically change the US savings rate, one child at a time. TrustEgg enables parents to create a Trust for their child in minutes for free. Parents can invite family and friends to make contributions. The Trust Fund is invested with Vanguard and earns a market rate of return until the child turns 18. The simple, social nature of TrustEgg will dramatically change the savings rate for the 70+ million children in the US. TrustEgg is a Y Combinator company (Winter 2011). YC-listed status: Inactive.