There are different investment products that can be used to save for the future. For example, a 529 plan can be used for your child's future education—whether at a traditional four-year college or a vocational program. These are tax-advantaged plans designed to help with long-term saving. Mutual funds are an investment vehicle that can grow assets based on the upside potential of the markets, which may help you save for the future.
It's always useful to learn a little more. Take a look at these helpful links.