• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Because dads don’t always think like moms™

  • Dad
    • Celebrities
    • Gay Dads
    • Sex
    • Single Dads
  • Pregnancy
    • Labor or Delivery
    • Pregnant Wife
  • Baby
    • Baby Naming
    • Feeding
    • Sleep
    • Toilet Training
  • Kids
  • Teens
  • Activities
    • Local
    • By Age
    • Movie Reviews
    • Celebrations
  • Toys
    • We Recommend
    • Toys
  • Coaching for Dads
  • Great Dad Talks Podcast

5 Tips to save for college

October 12, 2010 by Alex Bellamy Leave a Comment

A new study released by the nation's leading college lender, Sallie Mae, reveals that fathers are more focused than ever on saving for their kids' college education.

According to ABC News, the survey conducted by Gallup found that 21 percent of parents said that saving for college is their most important savings goal.

Even though times are financially tough for many families, experts say saving for college should remain a priority.

According to SavingForCollege.com, American families with a desire to save for future college expenses now have more options than ever before.

Here are some of the parenting advice tips experts offer when it comes to saving for college:

1. Start now. Sallie Mae reports that most parents start saving when their kids are three years old. Financial experts say the sooner, the better.

2. Get educated about savings options. Do some research or talk to an expert about what type of savings strategy will work best for you. There are so many options these days, including savings accounts, taxable investment accounts, annuities, U.S. Savings Bonds and 529 accounts.

3. Small savings can add up. Even if you can only put away $100 each month, it will help, especially if you start early.

4. Consider loans, grants and tax credits. These will all help bridge the gap if you can't save enough to cover the entire tuition amount.

5. Don't neglect your retirement savings. While there are many options available to help pay for college, there aren't a lot of options to help fund your post-work life.

Even if the goal of saving enough money to send your kids to college seems overwhelming, experts say proper planning and saving can make it a reality.
 

Filed Under: Dad

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

  • Facebook
  • Instagram
  • Pinterest
  • Twitter
  • YouTube
SIGN-UP TODAY to receive the only baby newsletter written by dads, for dads. Act now and receive a free copy of the popular GreatDad E-Book!
My baby's due date or birthday :
Profile picture
Privacy Policy and Terms
Baby Name Finder!

what's in a name

  • Show names for:
  • Boys
  • Girls
  • Either
Finding a name you can both agree on isn't always easy. Use our simple name generator to get started.
First Letter
Last Letter
Number of Letters
Origin
Find a name!

More to See

family under a cardboard

Over 40? The Five Types of Insurance You Should Have

October 22, 2022 By Contributing Authors

A Dad’s Guide to Bonding with Your Kids Through Computer Games

May 5, 2022 By Contributing Authors

Tags

529 Plan budgeting for teens college savings compromise dad dads Father's Day fatherhood friendship in-laws love marriage Movie Review parenting advice parenting skills prepaid cards ritual Sundays travel vacation

Footer

Hi mom!

Would you like to share this site with your husband or a friend?

Just enter his email address and your name below and we'll let him know all about GreatDad.com.

His email address
Your Name

Recent

  • Special Clarity session – $25
  • Over 40? The Five Types of Insurance You Should Have
  • A Dad’s Guide to Bonding with Your Kids Through Computer Games
  • 5 Ways to Prepare Your Child for a Surgical Procedure
  • How to get kids excited about dental hygiene

Search

Tags

529 Plan budgeting for teens college savings compromise dad dads Father's Day fatherhood friendship in-laws love marriage Movie Review parenting advice parenting skills prepaid cards ritual Sundays travel vacation

Copyright © 2023 . GreatDad