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?
Parents, learn about Internet Safety for Kids and Teens. This is a quick cheat sheet for non-techie parents who care about keeping their kids safer online. It takes about 30 - 45 minutes to make these simple changes!