KXLY
March 15, 2021 7:01 AM Reyna Gobel - Forbes Advisor
Posted:
Updated:
March 17, 2021 9:15 AM
Saving for your child’s future can impact yours if you’re not careful. Before you start putting money away for your child’s college savings in a 529 plan or another type of account, look for easy ways to fund it without dramatically impacting your life.
These can be small decisions like directing credit card rewards toward college savings or something bigger. Patricia Roberts, author of Route 529: A Parent’s Guide to Saving for College and Career Training with 529 Plans, says her family saved by keeping the same car they had when her child was born until he went off to college.