How much you should have in a 529 plan to save for college for your children by age, including high and low contributions for public and private school.
We compare the best places and investment brokers to open a 529 plan so that you can save for college for your children.
With tuition costs steadily rising, it’s hard to imagine what your child will have to pay for college in a decade or more. Knowing this, it’s really no surprise that 45% of parents are saving money toward their child’s college education, according to the 2014 College Savings Foundation Executive Summary. As a parent myself, I […]
The average American college student graduates with nearly $30,000 in student loan debt, according to the U.S. News and World Report, and one in seven students defaults on his or her student loan within three years of graduation. The total amount of student debt in the U.S. tops $1.2 trillion. The cost of higher education […]
I’m a huge fan of developing an “order of operations” for different financial activities. You may remember last year I invented FIBS as a order of operations for saving for retirement. FIBS stands for 401k, IRA, Brokerage, Social Security. It’s just an easy way to remember the order you should do things. But, what about a closer […]