Three bloggers have chronicled their journey of understanding the importance of saving for college. Read how they learned about the T. Rowe Price College Savings Plan, the importance of starting early and how every little bit helps.
The T. Rowe Price College Savings Plan offers families savings strategies that help reach an important goal: being prepared when it's time to send kids to college. Every student has different financial needs and priorities, so the T. Rowe Price College Savings Plan offers you plenty of choices to help meet your needs, proven investment managers, world-class customer service, and no loads or commissions. Visit the T. Rowe Price College Savings Plan site to learn how to get started.
I grew up with a banker for a mom, so I have been taught about finance and investing since I was a wee one. Does that mean I manage money well all the time? Not necessarily. I don't really think I manage it any better than the next working mother with a family to raise. But having those foundations has taught me how to prioritize my money, and as our family grows up and faces different financial hurdles, knowing that basic principle of where my money should go first has really helped us ...more
"After becoming more familiar with what they have to offer, I'm excited to get started, to start SOMEWHERE (because honestly, isn't the thought of saving thousands of dollars completely daunting?!).I breathed a sigh of relief when I learned that you could start with as little as $50 a month. I can do that. I could even do that PER child. Not only that, but anyone can contribute... aunts, uncles, grandparents. What do they need with another toy when that money could go towards their education instead and provide a lasting gift?...more
"The best way I can provide my son with the freedom he needs to learn and create is to set up his environment with options… and then let him go.As he gets older, preparation and freedom will be just as important as they were to that itty bitty explorer. We can set him up for success in so many ways: emotionally, socially, educationally and financially. If we take the time to prepare, he will have the freedom to make choices when he becomes a young man. (As much as I don’t want to think about that… I know it will come so quickly.)...more