Question from a follower: "How to plan for college when you have eleventy kids and aren't a billionaire!"

Here's my unpopular view...

🟢 Any money are able to save for your children’s college is helpful. Just do your best and don't judge yourself.
🟢 Start as early as you can
🟢 Designate an investment account that is set aside for college.
🟢 Education is education. Don't be worried about passing on the "brand names", if it means less debt and the ability for your child to actually gain access to higher education. This includes potentially enrolling in a community college for the first two years.
🟢 Apply for scholarships! There are so many unclaimed scholarships every year. If your child spends time every week applying for scholarships they will likely get some.
🟢 Your child can have a part-time job while in school.
🟢 Avoid taking out student loans if you can. I have seen how much these can be a burden in life after graduation. If some loans are taken, be sure to have a discussion with your child about the loans so they understand what they are taking on and create a plan to get them paid off quickly after graduation.

Any questions, send me a message!

Thanks for reading!