Good idea for memories over the school years. Make one for each child and then add hanging folders that say "Pre-K through grade." Save things that come home during each school year (report cards, drawings, certificates, good grades, etc.
What a sweet idea! I have teenagers, but I'm going to start anyway. ~Make each child a book of their quotes! I wish I would have started this a long time ago! I've already forgotten so many of their hilarious quotes.