What happens if they don’t go to college but they have the 529 plan??
We made a bank account for our little dude. We've put 100 in it a month and then when we got taxes we put 1,000 in there. We also just throw money in there if we have more than our budget with our savings. We are saveawhores though. We save a lot of our income!
I did and I’m so glad I did. My parents have been putting into it monthly (as a gift to my son) and I put into it when I have extra funds to give. Better to start early!
We created a 529 for her. It ended up being out of another state because that was the one my financial advisor said was best. I added “college fund” on our baby registry so that gave it a nice start. We will put her cash gifts in there as well and whatever else we decide to put in there. Outside of the 529, we aren’t paying extra for college. We both got ourselves through college and it taught us a lot about being a responsible adult. We will be open to paying for a good education beforehand so hopefully she’ll get scholarships 🤞🏽
My in laws have decided to give my daughter her college fund. And man will she be taken care of. I however have started a jar of change and every time it’s full I’ll be putting it into her own saving account. I mean, why not? 🤷🏼♀️
Get the free app