Write a letter to your child or grandchild each year and include money for grad gift. I like this idea of writing a letter, and even adding money, but I think it'd be better to go longer than a grad gift. Wedding, first home, first child?
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Go Pod Portable Activity Center - keeps active babies who don't like sitting happily in one place on the go! Folds up compact. Awesome baby product, perfect for picnics, outdoors, playtime at home, easily carried anywhere. How freaking cool?