This week on the Retirement Quick Tips Podcast, I'm talking about how to pay for college before little junior ever sets foot on a college campus.

Yesterday, I talked about my favorite way to save up and invest for college or post high-school education of any kind - including trade schools, vocational schools, and the like - and that's the 529 college savings plan.

For 9 out of 10 people, the 529 plan makes the most sense.

But for those of you who aren't comfortable with the taxes and penalties if you DON'T use the money for education and you want more control and flexibility, then a regular brokerage account (or a trust account if you want even more control), is another good route.