Saving for your children’s college tuition might seem like an unavoidable necessity. Financial aid doesn’t help everyone, and with education expenses rising, college scholarships aren’t going to cover everything. How much thought have you given to saving for your child’s education?
For many couples, planning for college is part of everyday budgeting. For others, there just never seems to be enough money available to start saving. Your child will be going to college before you know it. If you have five years left or even fifteen, don’t wait to start saving. Start today. When you are ready to take the plunge, make sure that you take a look at a 529 savings plan. Investing in a 529 plan is one of the most efficient ways to save for your kids’ college costs.