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Save $5 a Week for College

All kids should go to college or trade school, but it can be outrageously expensive. Nowadays, college is upwards of $35,000 dollars a year. Yikes! I recommend setting up a savings account for your child and depositing five dollars a week their whole life. This adds up very quickly without taking a tremendous toll on your financial situation. Give the money to your kid to use "only for college" when they are old enough. It might not cover it completely, or you could have extra, but it's a great way to help them out financially. Student loans can haunt you your whole life, and we don't want that happening to our kids!

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Bronze Tip Medal for All Time! 64 Tips
February 1, 20171 found this helpful

When your child is out of diapers, stash the money you would have spent on diapers every week or month into college fund!

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Parenting General Parenting Family FinancesJanuary 13, 2016
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