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At first, we opened up UTGMA accounts for both girls, but soon after transferred each to a Fidelity 529. I believe the 529s were linked to New Hampshire, but I've never had those details very well, and it never made a difference.
When the (two) girls were very young we contributed $300/month/girl, then raised it to $600/month/girl when we could afford to do so.
Our goal was to have $100K/girl when they were ready. Both had about $81K, so you could say we came up a little short. Fortunately, oldest will likely need just a little less; youngest, who enters here second year this fall will need maybe $20K more. So we came up a little short, but within range.
Generally, we invested with Fidelity mutual funds... Capital Appreciation, Growth and Income, and the like.
When fall 2008 hit we panicked and sold off everything to cash. Of course, that turned out to be a mistake, but were within range and couldn't afford to mess up 15+ years of savings.

Good luck. It can definitely be done, with a long time horizon and prudent investing.
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