Good parents make sure their kids get into a good college. They may pay their way or help them pay for it, but either way, college is a must for any kid who wants to be successful, right? I’m sure you’ve judged by the title of this article that my answer is: nope!
Scholarships can pay for your entire education. When you’re a teen, if you take the time to submit two scholarships a day, starting in early high school, that in itself will be a full-time job. A job that will prove to be well worth it. But how do you find scholarship opportunities?
People are starting to realize that tools like 529 plans exist to help with college savings. It’s time to get into an in-depth explanation (i.e. everything you want to know, and things you probably didn’t care to know) about these college plans that are growing in popularity.
If your child wants to get into a good college, intentional test prep is essential. Your kid’s ACT or SAT score will determine which colleges and scholarships are available. It’s best to start preparing for these tests as soon as possible. Let’s talk about the different tests—ACT, ASVAB, PSAT, SAT—and look at the abundance of resources available to help your child study.
Should you save for your children’s education? Let’s discuss whether you should or shouldn’t help pay for college, whether or not college is important, and finally, your options to invest for college if that’s the route you decide to take.