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529 plan

How a 529 Plan can work for both you and your child

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Let me start off by saying, we all know that one of the most important parts of being a parent is making sure that your child is well provided for. A large part of providing for your child is making sure that they get a good education. Which brings me to the topic of this post: funding your child’s education.

In today’s world, it’s becoming harder and harder to afford a good college education. The last thing you want is your 35 year old son or daughter sitting on your couch, flipping through different TV channels all day, eating all of your food, and sucking the life out of your bank account. So, it’s very important that you plan things out in a way that won’t bankrupt you but will still allow you to provide the best quality of education for your children so that they may be successful just like you.

Most parents, when they think of helping their child out with school, think of writing a check to help pay for tuition, books, etc. Well, rather than doing that, why not consider a 529 plan or some other kind of education-funding account? Read More