Judging by everybody's posts there appears to be a lot of baby making going on. So if you want them to go to college, look into setting up a 529 college savings plan. It acts like a retirement plan where you can add funds for your kids college or tech school tuition and it grows tax free!
There are also prepaid plans if you know for sure which state they're going to attend. Check out this website for more info: www.savingforcollege.com
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AuthorThis website was created due to the atrociously misguided financial advice that I've heard over the decades. Financial freedom is not intellectually strenuous, but it takes discipline. Categories
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October 2017
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