We are parents who have paid for college.
In other words, I get it. I understand the financial stress that comes with tuition bills. I also know the deep desire to set your children up for success.
My wife and I have two adult children who graduated from high school in 2003 and 2005. We were able to fund their college costs by planning ahead.
Our college funding plan involved:
Adjusting our budget and living within our means.
Building savings and applying some, but not all of it, to college.
Taking advantage of financial aid, even in small amounts.
Asking our children to work part-time jobs after freshman year to make their own spending money.
Borrowing a reasonable amount of money that could be repaid in a timely manner.
Encouraging our children to choose affordable colleges.
And, more (especially if you’re self employed or own a business)
Plus, I’ve got the right financial expertise.
As a Financial Planner and CPA (inactive), I understand the delicate balance between college , tax, and investment planning. My advice will help you avoid making tax and/or investment decisions that can negatively impact financial aid for your children. I routinely consult with my clients’ tax and financial advisors to make sure we’re all on the same page.
Give me a call today. I’d love to help you get your child through college without major financial strain.
“Steve,
Well, your suggestions worked. Again, thanks for all your help. We wouldn’t have survived this mess without you. You can rest assured we will be sending everyone we know in the same boat your way. Take Care.”
— Richard B
