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6 college savings tips for parents who are getting a late start | The Union Journal
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6 college savings tips for parents who are getting a late start | The Union Journal

Sometimes other life expenses get in the way of being able to properly save for your child’s education. Saving a decent amount in a shorter period of time is difficult, but it can be done. One tip is to follow the one-third rule, meaning you should aim to save one third of the entire cost. Also, encourage your child to apply for scholarships and look into other forms of financial aid to help lower the cost. Taking advantage of 529 programs is also important because they are designed to assist in saving.

Source: https://theunionjournal.com

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