Got a son or daughter who’s thinking about going to college? It’s not too late for you to map out a plan. Consider putting money into a tax-friendly 529 Plan which will vary depending on what state you live in. The 529 College Savings Plan will allow you to select various investment options while the 529 Prepaid Tuition Plan allows you to pre-purchase tuition based on today’s rates and prices.
QUICKTIP: For those of you whose kids are almost college bound, sit down with your child and search for grant, scholarships, loans and work study/off campus job options.