• A college education is not cheap and it's only getting more expensive each and every year.graduation image by timur1970 from Fotolia.com
  
  For some parents, constantly worrying about their children's financial future is normal. They want to know how to help them avoid the financial difficulties they once faced. Many investment options exist, but what are the best? The kind of child investment you choose will depend on what you want that investment to do for your child.
  
  

College Fund

• A college education is only getting more expensive each year. Starting a college fund is one way to ensure an education without incurring big-time debt. A college fund can be as aggressive as you like, meaning riskier investments are made. For example, money is invested in a more volatile market, like the stock market, instead of certificate of deposit (CD) or money market account. If your child will not reach college age for more than 15 years, a more aggressive fund will have time to earn more money. Conversely, it will have time to bounce back if things don't go your way. However, if you are starting late and your child is already in middle school or higher, then a less aggressive fund will be the safer bet, even if it doesn't have as much time to grow.
  
  

Savings Account

• Starting a savings account is one of the best child investments because it will teach your child about savings. Also, it will get a little nest egg started for your child to work on through life. Though savings accounts don't usually have the high returns of other investments, the purpose of a savings account for children is not to help them become rich, but to teach them about finances. Most young adults don't have savings accounts because they don't know the importance of saving. Opening a savings account for children early will leave them no excuse to not save.
  
  

Trust Fund

• A trust fund is a legal arrangement allowing one to set up financial benefits for another. You can set money aside, determine how much will be given, at what intervals and when it will start. For example, you can set it up to pay $500 a month to your child starting at age 18, with the stipulation of being a full-time college student.