said:
This is a great start on the basics of education planning. As a 30+ year senior leader in the financial services industry, I have learned that it breaks down to 3 things. First, parents need to create discretionary income to save - keeping expenses and debt under control. Second, they need to save systematically, keep it saved, and invest for the long term in tax advantaged ways. Lastly, for most - they will need some help outside of there own saving. A new resource to help with this is: collegeregistry.fipath.com. This tool help not only calculate costs and savings needs- but provides an easy way for family and friends to help contribute based on gifts on life moments like graduation....