Okay let's break this down as I understood. When the daughter was born the parents opened a 529 account. I'm 43 and today years old when I heard of this.
They opened the account with $1000 and deposited $50 a week into it. The OP actually said it meant one less Starbucks and one less lunch out. When the daughter got monetary gifts for birthdays or Christmas they took half the money and put it into the 529 and the other half the girl got to spend. #thread#savings