Help for 6 Common Money Issues
Burden #3: You’re Worried About Paying for College
How to Shed It: If you haven’t planned ahead with a college savings account—or if that account won’t suffice—Anderson says that you can still help get your kids off to a great start by researching
student loan options and scholarship opportunities. “And look for other alternatives,” suggests Anderson, “like getting them into Advanced Placement classes, so they can potentially
walk into college a semester ahead.”
One word of caution: Anderson strongly advises against using retirement funds to cover college costs. “As a parent, there are a lot of options to help pay for a child’s education, but there aren’t that many to fund your retirement,” she says. “That’s why you have to put your basic security first.”
Most Popular Galleries
When it comes to the do’s and don’ts, you’ve got lots of questions. Here, solutions for making the season merry and bright.