Power With G

Ep.5 Basics of Money: Saving for College


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In this episode, I share with you 2 of my favorite ways to save for college. I suggest you start this step only after you have paid off your debt, saved 3-6 months in your emergency fund, and started saving for retirement (listen to episodes 2&3 to hear how I paid off my debt and saved 3-6 months for my emergency funds). 


Key Takeaways:


[00:00] - Intro

[01:11] - What is Baby Step #5

[02:06] - Different ways to save for college

[03:00] - 529 Plan: Prepaid Tuition

[04:18] - 529 Plan: Education Savings

[05:22] - Tax Benefits




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TW: @powerwithg




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Power With GBy Gretchelle Soto