Tuesday, November 18, 2008

Saving for college

Msn put out a great article about saving for college. Saving for College

It says that by 2010 college will cost $225,000 (private) and $105,000 (public university). Wow!

They really suggest you do your research and start saving as early as possible. Here is a tuition calculator to figure out how much you’ll need to save. Tuition Calculator

Here are some ways to add to the college fund once you set one up:
• Have a "send my baby to college" shower. Instead of guests bringing gifts, give them information about how to put money toward your future kid’s education.
• For elementary + age set up an account together with them so that they will have an interest in saving and going to college.
• Use credit cards that give rebates to your 529. A few are Upromise or BabyMint
Posted by Rachel at Tuesday, November 18, 2008
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Cha Ching Queen is a money saving blog written and edited by me (Rachel) and occasionally others. Cha Ching Queen accepts various forms of payments and gifts for many of the products and sites endorsed. We will always give our honest opinions and experiences of the products or services (even if we got it for free or received some sort of compensation). Any claims, quotes, or other representation about products or services should be verified with the company or manufacturer in question. We will try our best to give accurate information. We will not intentionally post scams, or fraudulent information. We do not endorse cheating the system. If you believe something is either a scam or fraud, please let us know and it will be removed. We will not be responsible for wrong or fraudulent information. Please use your judgment. If something doesn’t look right, don’t do/use it.