College Planning Education

College planning education is a way to plan for children to attend higher education institutes without having to worry about the whole bill. It is almost impossible to expect today's parents to pay entirely for each child's education and just thinking ahead offers realistic plans for saving little by little to succeed in giving Junior the best start possible.

Starting early to prepare for the future is also a great way to teach children about the value of money. Get children involved with planning for their future. Even if ten dollars is all that is put away a month, that's $2160 by the time they are 18. If that were in an interest bearing account it would earn even more. Sharing this with children can find them also excited about the possibilities and they might even contribute to the fund! If the whole family is aware of the plan they just might jump on the bandwagon as well. If there is 10 relatives contributing $10 a month for 18 years that's more than $21,000. That might cover a good deal of a college education.

The last thing a parent wants to do is tell their child they cannot help with college funding. This can be devastating, not to mention embarrassing when it comes time to talk about college with friends. Even the poorest of families should be able to put something away every so often to help with college planning education. There is a great reason the school system gives us 18 whole years to prepare for college. Even if a child is 10 years old, it is not too late to start planning for the future. Every little bit helps.

Talk with a financial advisor to help understand all the options of college planning. There are many different types of college planning education funds for the same purpose that there are many different types of families sending children to college. Choose a program that fits the particular situation and the money will begin to grow as fast as the child does.

It is very important to choose the right programs for each family. God set us all up with the 'equipment' we each need to survive the way He would like to see us not just survive, but grow. Pray for understanding in God's purpose for yourself and the family here on earth. Pray that He will direct where the priorities should be concerning college planning education. Wait and listen for His answer. "Be still and know that I am God: I will be exalted among the heathen, I will be exalted in the earth." (Psalm 46:10)


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