College Savings: A Message to New Parents

October 3, 2014 - Stacee
Babies are cute and cuddly. And while you are enjoying these precious moments with your new bundle, remember that now is also the best time to start planning a successful future for them.
Parents, saving for college should start at birth. Why wait to see whether or not your child will attend college, or get a scholarship 18 to 19 years down the line?
Instead, think of your savings as an investment in your child’s future — be it college, trade school, or any other goals and aspirations they develop along the way. 
According to, here are some tips on how to get started saving for your child’s future:  
  • Establish a goal.
  • Save early and regularly.
  • Make saving automatic.
  • Invest windfalls instead of spending them.
  • Increase the amount you save each year.
  • Ask relatives to help.
  • Redirect old regular payments towards the savings goal.
  • Review your living expenses and make adjustments, as needed.
  • Involve your child in the savings plan; use it as opportunity to teach him or her about saving.
You can see more tips like these at
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