Wednesday, March 29, 2006

Saving for College

Another good segment on a morning news show. This time it was about saving for your child's college education. There are lots of avenues to do this, but state programs called, 529 plans, were discussed on this particular show. The recommended website is http://www.savingforcollege.com.

Saving and investing money is considered a sensible thing to do. Money is also one of those topics that can lead to disagreements in families, even ones with sensible people. I think the solution is planning. Just do it, and then stick to the plan. If you can agree to save $100 a month and put it in a regular savings account to accumulate for your child, that is better than nothing.

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