Taylor Swift - Taylor Swift Saving Her Fortune For Kids' College Fund

Taylor Swift is planning to lock her multi-million dollar fortune away in savings accounts to make sure her future children have enough money to see them through college.

The country singer was recently named the highest paid celebrity under 30 with estimated earnings of $57 million (£35.63 million) in the period between May 2011 and May 2012, thanks to her hit album Speak Now, a string of sold-out tour dates and an endorsement deal with CoverGirl cosmetics.

Swift, 22, has now revealed she was stunned to find out about her massive income and has vowed to put it away to ensure financial security for her offspring.

She tells Britain's Marie Claire magazine, "I called my dad and said, 'How did that happen?' I just wake up every day and go about my life and do what's on the schedule. I don't think in terms of how much money it's making...

"That money will be really good for sending my kids to college some day - or maybe I'll have a few more kids than I thought."

Swift insists she is not ready to start a family just yet, but she definitely sees herself as a parent one day.

She adds, "I want to wait a while, but the idea of pouring everything you are into another person when you become a parent has always been amazing to me."