Penny-Wise Tips for New Parents: College Savings
Raising an infant requires the parents to focus on the present. The numerous responsibilities regarding health, day care and daily budgeting can fill most of the waking hours of any parent, sleep-deprived or not.
That said, saving for college or post-secondary education is a common concern for new parents that shouldn’t be overlooked. While there are many financial vehicles and tools for educational saving, there are just as many opinions and saving strategies. In the video below, our veteran parents offer suggestions based on their real-world experience, helping to reduce the stress and confusion often associated with saving for college.