How Do You Fund The Cost Of A College Education?
The cost of a college education rises every year in a percentage much higher than the inflation rate. Even the public states and cities’ colleges and universities can be very expensive. Parents have to plan for their children higher education using some private financing methods. Use these tips to help you plan how to finance your children college education. Make a plan for each child college education costs. Consider how much income you have available to set aside for these costs. Identify the type of risks involve in each investment option before investing. Analyze the investment returns to make sure these can meet future college costs. Review investment performance at least twice a year and re-balance the college cost portfolios accordingly. Open a Mutual Fund account for each child you want to finance the college cost. Use an IRA account to house the funds to take advantage of tax benefits. Review some of the mutual funds companies, such as Vanguard, T.Rowe Price and ING. Look for
