Hey there, everyone! It’s spring again, which means we can finally enjoy some warmer weather. But it’s also time when a lot of us parents start thinking about sending our kid to college.
Education has a lot to do with financial fitness. A college graduate will earn over a million dollars more over their lifetime. That’s a lot of money! So if your kid is interested in attending college, we want to help out.
Don’t worry!
Like all types of financial fitness, you can handle it. You just have to start small and take it one step at a time.
- Think about 529 Savings Plans or Coverdell IRAs – If your child is still young, then you’re doing great! You have plenty of time to save. Think about one of these savings options. They come with tax-benefits, too!
- Don’t forget the scholarships – You might be surprised how many are available. A school counselor can help you learn more.
- Financial aid can help, too – When your kid is ready, have them complete a Free Application for Federal Student aid. And talk to their college, too!
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