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Gerber Life - Grow up Plan Nanna Boo Boo's Mommy 2 kids; De Pere, Wisconsin 2627 posts
14th Nov '12

Ok so i know i already posted this a few days ago, but never got a response.

Can anyone explain this to me in lame terms? I signed up for it for LO, and i am not really sure what it is....Is it an additional insurance? I know that LO can use it for college, but other than that i am not sure.

Soon 2B Mom of 2 2 kids; North Highlands, California 3785 posts
14th Nov '12

I think you mean laymans terms LOL. Watching because i am curious also.

Nanna Boo Boo's Mommy 2 kids; De Pere, Wisconsin 2627 posts
14th Nov '12
Quoting Soon 2B Mom of 2:" I think you mean laymans terms LOL. Watching because i am curious also."

HAHA lol yep thats what i mean

s00nt0be04 4 kids; Louisville, Kentucky 543 posts
14th Nov '12

<blockquote><b>Quoting Nanna Boo Boo's Mommy:</b>" Ok so i know i already posted this a few days ago, but never got a response. Can anyone explain this ... [snip!] ... sure what it is....Is it an additional insurance? I know that LO can use it for college, but other than that i am not sure."</blockquote>



If LO decided not to go to college you and or LO can borrow from it. I have 5 grow up plans my 3 children and I bough coverage for 2 other nephews.

Ella Minnow Pea Delight, Arkansas 3914 posts
14th Nov '12

Honestly, I can't explain it for you. However, I've looked into it before, and according to Dave Ramsey (a financial advisor who gives excellent money advice) says it stinks and is a waste of money. Here are a few links that might help:



http://www.daveramsey.com/index.cfm?event=askdave/&intContentItemId=7797



http://www.daveramsey.com/index.cfm?event=askdave/&intContentItemId=7983



http://www.daveramsey.com/mobile/article-view/category/investing/storyID/college-is-expensive-whats-your-plan/

Nanna Boo Boo's Mommy 2 kids; De Pere, Wisconsin 2627 posts
14th Nov '12
Quoting s00nt0be04:" <blockquote><b>Quoting Nanna Boo Boo's Mommy:</b>" Ok so i know i already posted this ... [snip!] ... go to college you and or LO can borrow from it. I have 5 grow up plans my 3 children and I bough coverage for 2 other nephews."

Ok thats great too. I know that its a great program. But is it an insurance? Like we have state insurance and are pretty limited to where we can go. If this is a secondary insurace we would have more of an option on different places we can take LO with out driving all day

s00nt0be04 4 kids; Louisville, Kentucky 543 posts
14th Nov '12

<blockquote><b>Quoting Nanna Boo Boo's Mommy:</b>" Ok thats great too. I know that its a great program. But is it an insurance? Like we have state insurance ... [snip!] ... go. If this is a secondary insurace we would have more of an option on different places we can take LO with out driving all day"</blockquote>




It's like life insurance.

Nanna Boo Boo's Mommy 2 kids; De Pere, Wisconsin 2627 posts
14th Nov '12
Quoting Dahling:" Honestly, I can't explain it for you. However, I've looked into it before, and according to Dave Ramsey ... [snip!] ... http://www.daveramsey.com/mobile/article-view/category/investing/storyID/college-is-expensive-whats-your-plan/"

OMG...I have googled gerber grow up plan and have never seen this before

Ella Minnow Pea Delight, Arkansas 3914 posts
14th Nov '12
Quoting Nanna Boo Boo's Mommy:" OMG...I have googled gerber grow up plan and have never seen this before"


Yeah, I actually read his opinion about it in one of his books when I was thinking about it for our LOs. Sorry to be a Debbie Downer, but I would have wanted someone to tell me.

Nanna Boo Boo's Mommy 2 kids; De Pere, Wisconsin 2627 posts
14th Nov '12
Quoting Dahling:" Yeah, I actually read his opinion about it in one of his books when I was thinking about it for our LOs. Sorry to be a Debbie Downer, but I would have wanted someone to tell me."

Yea well i think i will just cancel it...I only paid the monthly payment of like < $3