All kids should go to college or trade school, but it can be outrageously expensive. Nowadays, college is upwards of $35,000 dollars a year. Yikes! I recommend setting up a savings account for your child and depositing five dollars a week their whole life. This adds up very quickly without taking a tremendous toll on your financial situation.
I suggest buying savings bonds for an easy way to double your money. I also suggest either saving all your spare change or just a specific coin of your choosing. We saved coins for one year and just put $651.62 in the bank.
When looking for scholarships, first start with your own company and start early. Even as a part-time worker, I was able to apply for a company-sponsored scholarship for my son
Whenever I hear the words 'college fund' I nervously change the subject. It's one of those things that I've put off until my mortgage is paid off. By that time my son will be ten ...