Mary Brimer Talks College Planning.
Mary Brimer, with Ginger Green Financial talks about how financial planners can help assist with the financial responsibilities when it comes to college planning. She goes over a variety of ways that you can potentially reduce your or your child’s out of pocket cost, so you don’t want to miss this one!
College Planning Tips
Below are a few tips outlined in the video:
- The earlier you begin planning on how you’re going to pay for college the better! Mary recommends at least a 48 month lead time to get started.
- The average cost of a private education is around $40K a year! Mary explains that the most popular way to save is a 529 Savings Plan.
- Expected Parental Contribution is also something that often comes up when it comes to college planning. Mary explains what it is, why it’s important, and what to do.
There is SO much more covered in the video than what was detailed here. So if you would really like to know the best way to plan for college and how to get the most bang for your buck, watch the video.
529 Savings Plan: www.fidelity.com/529-plans/what-is-a-529-plan
For More Information
To learn more about Ginger Green Financial and the services they provide, be sure to visit their website: www.GingerGreenFinancial.com.