Financial Mission

Saving For Kids' College Expenses


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Are you planning on helping pay for your kid’s college expenses or possibly your own schooling expenses after high school? Well, the price of secondary education is, unsurprisingly increasing every single year. It is never too early to start saving for school-related expenses for yourself or someone else. 

The average cost of an in-state 4-year University is just over $100,000 or about $26K per year. For a private College that is double, at approximately 225k for a 4-year college experience. That is the price of a house! How in the world are people supposed to afford that?!?!

I recently heard from a university employee that MANY of her college student’s parents are taking out personal loans to help pay for their children to go to school. Now, I am ALL for helping out your kiddos to be able to further their education and hopefully, they will set themselves up for a successful career in life. However, did you know that on a personal loan, the interest rates could be as high as 36%!! That is more than the typical credit card interest rates. 


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For ALL my info: (Quiz, Podcast, Courses, Free Budgeting 101 online course, Services, Private Facebook Community)

https://linktr.ee/jesswaynecoaching

If you would do me a favor and share on social media that you are enjoying this podcast I would be so appreciative. You can tag me in the post and you will be entered into a monthly Starbucks or Caribou gift card drawing!! 

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Financial MissionBy Jess