Start saving for your child’s college by estimating how much it may cost.
Education is incredibly important. I talk about it regularly on the Minority Money Podcast, and I make sure to prioritize it with financial planning clients. One of the most common questions from parents is: “How much will college cost?”
The answer to that isn’t always simple. It depends on where your child goes to school, when they’ll be attending, if they get scholarships, and more. But before you start thinking about how you’ll pay for college, use this graphic we put together to help you get a better sense of how much it may cost.
Once you have a better sense for how much college may cost, it’s easier to come up with a plan to pay for it. There are a variety of options, like 529 plans, that can help you get a jumpstart on saving.
Want to discuss college planning? Set up an appointment.