If you're looking for a last-minute holiday gift, consider something that never goes out of style. It's called money.
Of course you could just write a check or hand over a wad of bills but, aside from some people considering that tacky, chances are that it will be used right away and long forgotten.
With Goalmine, you go to the site, select "Buy a GoalPack," pick a goal, such as education, home, baby, car, retirement, etc. and fill in details including the amount of the gift (minimum $25). In addition to the gift itself there is a fulfillment fee of $2.95 for a $25 gift or $3.95 for $100 or more.
The recipient must be over 18. It's a little more complicated, but it is possible for an adult to set up a Uniform Trust for Minors Account" (UMTA) if the funds are for a child.
For more about how the service works, I spoke with Rimmy Malhotra, chief investment officer of Gratio Capital, the parent company of Goalmine.com
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