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Forget the Piggy Bank: 6 Better Ways to Save for Your Kid’s Future
Save for college the smart way.
File this under “Things You Already Know” kids are expensive.
The cost of raising a child from birth through age 17 is roughly $233,610. And this figure doesn’t even factor in a college education.
Four years at a private university will cost a whopping $303,000 in 2036, 18 years from now, according to CNBC. (Before you pick your jaw up off the floor, know that a public university won’t save you all that much money: By 2036, your child will need roughly $184,000 to collect their diploma.)