With rising costs for future education, preparing for college tuition is a concern for many parents. How can they build an abundant and secure financial plan for their childrens education?
In this episode, Micheal Labos speaks with Ann Garcia, CFP and Owner of Independent Progressive Advisors, on the cost of college and creating a budget to include personal contributions, scholarships and government funded financial aid for your childs future education.
Ann discusses:
- When should parents start thinking about college tuition costs
- How the 529 works with contributions and withdrawls
- Why a college budget is important whent planning for the cots of education
- The appeal and negotiation process with colleges for more financial aid
- And more!
Resources:
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About Our Guest:
Ann Garcia is a CFP® and owner of Independent Progressive Advisors, a fee-only Registered Investment Advisor in Portland OR, author of The College Financial Lady blog (thecollegefinanciallady.com). Her blog has approximately 15,000 subscribers in various media (blog, Facebook). In addition, she is regularly cited in national media (New York Times, US News & World Report) on the subject of college planning. Ann earned a BA from the University of California, Berkeley, and am a member of Phi Beta Kappa and of NAPFA, the leading association of fee-only financial advisors.
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