Answers (2)
the importance is that one day your child will need some money for either college or an appartment or they just need it now it is smarter if you start early in the money saving process so you can have more money that your child will need one day plus if something one day does happen to you they will have a little money to start their life out you should also hve a plan of just incase who would get your child so the child does not end up in an orphanage