The Biggest Mistakes You Can Make in Your College Planning (Ep. 32)

Lauren Smith |

The biggest mistake you can make is to wait to start planning for your college savings. The process may be much more complicated than you expect, and it’s important to have time on your side.

In this episode, Jeff Green and Lauren Smith share their insights about the college planning process and what you should keep in mind as you save money for your child’s education.

Jeff and Lauren discuss: 

  • The average fees and tuition costs for college students
  • The variety of sources your college money can come from
  • How to find out if your child qualifies for financial aid
  • How family members and friends can contribute to a child’s education
  • And more

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Please Note: As with other investments, there are generally fees and expenses associated with participation in a 529 plan . There is also a risk that these plans may lose money or not perform well enough to cover college costs as anticipated . Most states offer their own 529 programs, which may provide advantages and benefits exclusively for their residents. The tax implications can vary significantly from state to state. Please speak with a financial professional about your individual situation.