No matter where you are on the college planning list, don’t let the tuition monster sneak up on you. Check out how we’re saving for our six kids with Invest529. Disclosure: This is a sponsored post on behalf of Virginia529. However, my love of this product is 100% mine.
With 6 kids, saving money for college is something that’s always on our mind. Let’s face it, it’s not cheap. When I went to college, paying for it wasn’t even a thought in my brain. Thankfully, though, my parents had started an account for me when I was little that covered my whole college tuition. Leaving me with no student loans.
My husband was different. He took out tons of student loans that we’ll be paying until he’s a 150. I don’t want the same for my children. That’s why it’s important for me to save money for my kids’ college years.
We all know that every child has different needs when it comes to college. If you ask my kids right now what they want to be when they grow up, you’ll get Pop Star, Captain America, A YouTube star, a Massage Therapist and a Frog. Making it almost impossible to really put together a straightforward plan for college.
Plan for Whatever they Decide to be
We found a great way to get started on planning for their future with Invest529.
Invest529 is a flexible, affordable tax-advantaged program that helps you invest in yourself or a loved one by saving for higher education and even job training. You can open an account with a minimum of $25 and save at your own pace for future qualified higher education expenses in accounts that grow free from state and federal taxes.
This money always belongs to you. Even if plans change and your child receives a scholarship or decides that they don’t want to pursue higher education.
Best of all, it’s not just for college! This money can go toward trade school, training programs and graduate school. An Invest529 can be used to fund qualified higher education expenses beyond tuition, including certain room and board costs, computers and related technology expenses as well as fees, books, supplies and other equipment.
Go anywhere with Invest529
Our family has moved 5 times in the last 6 years to 3 different states. So, we’ve always been apprehensive of buying into college tuition programs around the country. Thankfully with Invest529, you can go anywhere and use the money at any eligible educational institution around the country or even the world.
There’s no application fee, no annual maintenance fee and best of all, no withdrawal fee for qualified higher education expenses.
Invest529 makes it easy for families to customize their savings strategy to fit their needs.
The expense for college takes most families years to prepare for and with an Invest529 savings account, you can easily get started early. So, whether your kids are in diapers or thinking about college, it’s never too late to start.
Ready to take the first step?
Invest529 is administered by Virginia529, the largest 529 plan in the country, but Invest529 is available to families nationwide! It is a top-rated, national program open to families living in any state. Virginia529 is sponsoring a sweepstakes of a $529 contribution to a new or existing Invest529 account. The Sweepstakes began September 2, 2019 and ends on October 14, 2019 (Sweepstakes Term). During the Sweepstakes Term there is one way to enter: Online by visiting here, completing the online entry form and submitting it to receive one (1) entry into the Sweepstakes.
So, whatever point you are at with kids, start thinking about college and don’t let the Tuition Monster sneak up on you! Get started planning today for your kids’ future!
This is a sponsored post written by me on behalf of Virginia529.
Comments & Reviews
Sarh S says
This would be amazing for all children! I wish there was this when I was a kid.
Linda Manns Linneman says
This is such a great and informative article about college. College can be so expensive. Thank you so much for sharing this
Lauryn R says
This sounds like a great way to save for college for our children! Thank you so much for sharing, it is never too early to start.
Deb Pelletier says
sound like fun
Angela Windham says
I really appreciate you sharing this information. I’m always looking for ways to invest in the future of my young ones. This is also great info for me to share with other parents as well.
Laurie Nykaza says
Great information to help you not to take out a lot of loans. Start saving when they’re young they grow up so fast and then off to college.
Caroline Lozinski says
This sounds like a great way to save for my grandchildren’s college funds . I’ll definitely show this to my son .
Sandra Watts says
Sounds great! Will be sure to share!
Dorothy Boucher says
This sounds wonderful and I know with one of my daughters having to put away money for her 5 children, its not easy. Thanks
Melissa Wenger says
What a great idea!
Ussefull information for savings.
Dana Rodriguez says
This sounds like a fantastic program. It is never too early to start!
It sounds like a great program for families saving for college.
Debbie P says
This sounds like a fantastic idea.
monique s says
so important to start saving as soon as possible
Amy D says
This program sounds like a great option for my daughters. I need to start putting money away for them while they are young. I wish my parents did something like this for me, so I will certainly do it for my kids
Larissa Brunken says
Sounds super interesting! I have 7/children I know the feeling.
Good tips, start to save as early as possible is the best advice.
Jennifer Soltys says
This is so great to know about! It’s so good to get started early. No one wants to pay back loans when they are 150. 😉 lol