| If you have one child or five children, they will | | | | tax-free for your child's education. Make sure you |
| most likely all be attending college one day in the | | | | talk with your accountant in your human |
| near future. Have you thought about who will be | | | | resources department at work about these |
| paying for your child's college education? Will you | | | | options. You may choose to contribute a certain |
| be requiring your child to pay for their own | | | | percentage of your pay to your child's education |
| college? Are you thinking about contributing half of | | | | account, instead of all your money going into your |
| their expenses? Will you be paying for the entire | | | | 401(k). |
| college education? These are questions, as a | | | | It is estimated that more than half of the parents |
| parent, you must consider sooner than later. | | | | in the United States do not save any money for |
| There is one word when it comes to paying for | | | | their child's college tuition. It is also estimated that |
| college tuition, it is a very boring word which you | | | | only 25% of parents start saving for their child's |
| have heard before many times. This word is | | | | college tuition by the time the child turns eight |
| called saving. Many parents will not be able to | | | | years old. If you factor in these statistics, you will |
| afford to write one check each year, for four | | | | be able to understand why more and more |
| years in a row to cover their child's college tuition. | | | | students have to borrow money to go to college. |
| This is because the cost of college is very high | | | | There are more students each year that want to |
| and rising each year. | | | | attend college, and this number continues to rise. |
| The more money that you put away in a savings | | | | While this number continues to grow up, the |
| account, money market account, stocks, bonds, | | | | number of parents that are saving for their child's |
| or other investments, the sin that money you put | | | | college education is going down. You have a |
| away will start to grow and pay for your child's | | | | chance, now that you know about these facts, to |
| college education. There are other options besides | | | | begin to save for your son or daughter's college |
| a 401(k) that you can choose to put your money | | | | education before it is too late. Make sure you |
| into each month. There are certain education | | | | start right away. |
| accounts that you can contribute money to | | | | |