529 Plans Today for a Better Tomorrow

Yesterday, I asked my husband when we were going to start saving for our kids’ college tuition. “Not right now, honey. Later.” We have two toddlers, so you could argue that we have time on our side. I’d like to make the case, to the contrary. Life’s big issues, relegated to the land of later, have a way of sneaking up on us.

Maybe you’ve been meaning to get up to speed on the 529 College Savings Plans, but you simply haven’t found the time to take the next step. I feel your pain. We’re busy with work, family, and of course, that quaint old fixer-upper that charmed us right out of our senses, not to mention our free time when we bought it. Long story short, I have my HVAC guys on speed-dial. Bottom line? There always seems to be some pressing issue that has to be handled–now.

So, what about the things you need to take care of for your future? Often, they just fall off the radar screen. You tell yourself they can wait, right? You’ll get to it later. Wrong. Most tasks that people put off simply never get done, which is a shame. Because once college time rolls around for your son or daughter, paying tuition will have become one of those urgent matters that demand your attention–now.

Planning for the future is preventative maintenance. Procrastination, more than any other factor, is the culprit that leaves many parents holding the bag when it’s time to put children through college. Don’t let it happen to you.

So, what are you waiting for? Get going today! Put saving for college on your to-do list, along with dinner, soccer practice, and feeding the fish. Only today, put it at the top of your agenda. Check out 401kid.com and educate yourself about the 529 College Savings Plans. It will help you prepare for your child’s educational future. Will you feel glad you did? You bet your bottom dollar!

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