This is a sponsored post in partnership with CFP Board. Opinions are my own.
A dollar saved is a dollar earned.
Both my husband and I firmly believe in saving for our family’s future. Even before we had children, we knew that saving for their education would be extremely important because the average 4-year college tuition is over $150,000. And, because we wanted our kids to be close in age, one day, I’ll have four kids attending college at the same time.
But being committed to saving isn’t enough. There are so many different ways to save and plan for college, it can be complicated. And figuring out which choice is right for you is SO important. We recently spoke with a CFP® professional to help us figure out the best way for us to save for our kids’ college education.
The reason we chose a CFP® pro is because they are trained in so many different areas of finance, they can help you create a clear roadmap to reach the unique goals that you have. Ours helped us break down our finances to determine how much we can save, which savings methods are best for us, and what other adjustments we can make to better our family’s future. While our focus now was on college planning, our CFP® pro helped us think about the full picture of our finances.
I feel very confident in the plan we’ve chosen for our children, but we know it doesn’t end there. We’ll continue to check in with our CFP® professional to make sure we’re making adjustments as life changes and that we’re hitting all the milestones along our journey.
If you’re ready to start planning for your future, visit LetsMakeAPlan.org and find a CFP® professional near you.
“Do not save what is left after spending, but spend what is left after saving.” – Warren Buffett