Need college scholarship for your kid?

Just think about all that money you need, to cover all your expenses. I will just tell you about a few to let you know what you are facing. Your house, unless your parents paid it off. The car, credit card debt and past loans, retirement and education savings plans for your kids. Wow, now that feels like a lot on your plate, doesn't it? I know you hate this. I just want you to think about it. After all, you need to make a plan ahead of time. Do you have a plan or not?

I have a kid who is about to go college this winter and a little baby on the way. The older one has tuition due this month. Talk about a reality check. Did I think about savings plans 10 years ago? No I did not. I was thinking about other things. This is just not my way. Now I need it fast and I need a fat amount of tuition in cash. I don't know what to do.

You should escape this entire issue by starting a college savings plan for your kid far in advance. It really isn't that hard. Let me show you. First you should start a savings account for each child. Place a little money, whatever you can, in their savings accounts each month automatically. You can have your bank do this for you. This money will really start to grow and by the time your kid goes to college, they will have a nice start.

I have learned my lesson. With my second kid, I will make a good plan.

I will start with $300 per month and in about 18 years that will be about $64800 which is nice amount of money. I hope you can see how simple it is and if I can do it you can too.

Katarina Bader ; http://www.baderbiz.com/college

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