College Is Expensive - Here Are 3 Ways To Make It Work
If your children are young, consider signing up for uPromise. This website offers a great way to help you finance your child's education. Consumer guru Clark Howard says, "The method is similar to airline frequent flyer programs with member merchants and companies contributing credits to your personal saving for college account when you use services or purchase products."
It's free to sign up and the site offers ways to increase your savings over time. When you've accumulated rewards, you can have them deposited in a college savings 529 plan. The site has several to choose from. According to Clark Howard, the only downside to the plan is if "you end up spending more with member merchants than you would elsewhere just to get the account contribution. You need to look at the site as a win-win and shop wisely to receive the ultimate benefit."
Clark also "suggests that you talk with your son or daughter about attending a 2-year community college program and taking an additional 3 years to complete the remaining two years while working part-time. Attending a community college just about cuts the cost of a 4-year degree in half. Stretching out the remaining two years to work will also provide savings benefits. Another way to save is to complete a 4-year degree in just three years."
And, finally, make sure your children go to college to learn skills with which they can make a living, or at least to learn thinking skills and disciplines they won't learn elsewhere. If your children go to school to party, socialize without studying, learn a hobby, or learn something they could learn on their own, then college is a waste of money.
Related Tags: education, college, savings, university, tuition, payments
This article provided by ChristianBusinessDaily.com -- The Online Network for Christians in Business. Your source for news, articles, and commentary from a biblical perspective.
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- Personal Finance & The Needed Momentum
Possession of personal cash flow plan and the dream of having financial freedom might make it harder - Need An Ebt Card Or Food Stamps?
Applying for food stamps can be a very overwhelming and embarrassing task. Knowing what to expect th - Quick Money Loans What You Should Know
If you are looking for a quick money loan there are a few sources available, and just like any other - Same Day Cash Loans - Quick Help When Fiscal Requirements Force You
Life of human being is completely dependent on cash that establishes the life of one comfortable or - Unemployed Loans - Don't Accept Debacle Against Fiscal Requirements
In today's time, what imperative complication is increasing at the rapid pace for people? It is the - Get A Secured Credit Card To Rebuild Your Credit
The recession has spoiled the financial plans of many. Some have maxed their credit cards out, other - Ways To Create Profitable Cfd Trading Strategies
Understanding the connection between 2 significant ratios is the key to having winning CFD trading s - Can I Save Money At An Outlet Store?
Everyone loves to know they are getting a good deal when they are shopping for something. It could b - Used Car Donation Program Worth The Cause?
Used car donation program may not be the best option for many. Before you call me selfish and Paroch - Who Controls A Business's Asset When It Files For Bankruptcy?
Individuals who wake up and find themselves knee deep in debt, with no recourse to repay the debt, h
Most viewed articles in this category:
- Proposed Changes to Bankruptcy Law in Scotland
A bill has been proposed in Holyrood, the Scottish Parliament, which would align Scotland’s ba - How To Create Your Own Emergency Fund
Do unexpected car repairs, quarterly insurance payments or unexpected medical bills find you hard pr - How To Make A Personal Budget
There are many types of budgets that people use in their daily life. For instance, there are budget - Easy Cash Loans To Meet Immediate Cash Need In The Most Convenient Way
A financial crunch can happen to anyone at anytime in life. A few years back, I was stuck in the sam - Credit Counselors Offer Advice to Avoid Debt This Christmas
The holiday season is a great time of year for most of us, but it's also a time of year when we want - Save More/Spend Less - Become a Saver not a Spender
Our personality and lifestyles affects our ability to save. Most every action we take (including tho - Saving Money In College
Have you ever found yourself eating Cheerios for dinner while sitting in your dorm thinking about ho - Seek Unsecured Loans And Avoid The Threat Of Repossession
It is quite natural that people don't want to have the threat of repossession of their property whil - Investing - Tax Shelters Equals Big Fine For KPMG
What happens when a world renowned accounting firm decides to market tax shelters to its elite clien - Teaching Kids to Save--It's More Than Just Numbers
Did you know?<b>• The fastest growing group of bankruptcy filers is those 25 and you