The first step in saving for your child’s, or grandchild’s, college education is opening a savings account before they take their first steps.
Saving when you’re young is the best way to start preparing for college expenses. When you get your first job, put a percentage of every check towards your education savings.
Other Ways to Save For College
This is both a challenging and exciting time in your life. Speak with your high school guidance counselors and your local colleges to find out how to apply for scholarships and when to fill out FAFSA. Other ways to save, or make the burden of college expenses less troublesome, is to earn some college credit while in high school, or take some general education courses at the local college while living at home. Check out the link below for more information from Banzai Financial Literacy program.