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How I'll Be Able to Afford College for My Kids - #PrivateCollege529


College is expensive but Private College 529 can help!


While I was growing up, my parents instilled in all of their children, the need to have an education. My parents themselves never graduated from high school and they never went to college, but they made sure that all their children had an education after high school. My parents weren't rich and they saved and sacrificed so that we could have the best education that was available. I never took it for granted because I knew how difficult it must have been for them. When I had my own children, I made the same decision. I want what's best for my children as all parents do. We look for the best elementary schools, we look at school ratings and some even decide to homeschool because it's what's they decide is best for their children. However, when it comes to a college education, homeschool isn't an option. At least it isn't for me.


College is expensive. there's no ifs, ands or buts about it. Trust me, I know! My oldest is currently in her 3rd year of college and as a parent of 4, all in different stages of their education (college, high school, junior high school and soon to be elementary), I have to think about how I'm going to afford to send them all. Sure, there are government programs such as financial aid, and there's student loans, but I would much prefer not to have my children be in debt before they have their very first job. It's also my responsibility as their parent to have a plan in place so they can fulfill their dreams, and be whatever they want to be.

We all know that a high school education is no longer going to cut it in this world. An Associate degree generally doesn't do much either. For many, in order to pursue a degree, they have had to take out student loans in order to pay for college, because their family didn't save for this important life event.  If there's a way to help our children now, why wouldn't you do so? Madison just celebrated her 5th birthday and to be honest, I worry that I might not be around when she's ready for college, so I had to start thinking of how she'll be able to attend if I'm not around.


That's why I want to tell you about Private College 529. It's a plan that offers prepaid tuition to nearly 300 private colleges across the USA, including Notre Dame, Stanford, Princeton, Duke and hundreds more. What I love about the Private College 529 Plan is that you lock in the current rate each time you contribute to your account. What that means for me is that, when I start a plan for Madison now, (because the sooner you do so, the better it is for you), when she's ready for college, our rates will be much lower since we've locked them in now, instead of waiting until she's ready to start college 13 years from now. We all know that the rates are just going to keep increasing and many of us might not be able to afford it then. This in effect is saving me lots of money, money we can now use towards family vacations. (There are other benefits that could be mentioned besides saving on the cost, such as paying no fees, no need to worry about stock market risk, and a benefit guaranteed by each of the nearly 300 participating colleges and universities.)

So How Do You Open an Account?
It is very simple to open an account and you can do it for anyone as long as you have the basic information such as the name, address and Social Security number of the beneficiary. It literally takes only minutes and you can open an account in several ways: online or by downloading a paper form, filling it out and mailing it back. You can also call and speak with a non-commissioned financial professional at 888-718-7878.


College is more affordable than you think, whether you have 1 child or 10, and it is possible to give them all a great education with the help of Private College 529. So let your children be children. Let them enjoy their youth and not have to worry about paying for college because you've already done the hard work. Take that first step and invest in Private College 529.

How important is your child's college education to you? 

Annmarie John
33 Comments
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33 comments:

  1. Even with the 529 plan we have for the kids, they will still have to take out loans. I did it and I will help them as much as i can, but it's so not realistic to think I can pay for both of them completely.

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  2. College is crazy expensive! I know so many families who consider the cost of college when planning for their family. Education is a priority for us, too. We moved 1.5 miles down the road to get into a better school district.

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  3. My husbands parents paid for his first time in secondary education. But he hated it and ended up going back. It means we now have student loans to pay off but it was worth it. I hate the education system and it's crazy expenses. But you can't go without it and it's great that these options exist for parents.

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  4. We used 529 plans for both of our kids! College is expensive so it is important to be be prepared.

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  5. Holy wow! I have to get started on this! I have three kids, and with school expenses they way they are, I don't know how we'll get them through it!

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  6. Oh wow! I have to look into this. I was just thinking the other day that we had to start thinking about college savings now.

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  7. Thanks so much for sharing this! I already have one who's getting ready to go to college, and two more who will be there before you know it.

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  8. My son will be going to college in 3 years. WE have been saving for his college but we are also hoping that, he would get some scholarships as well.

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  9. Planning for your children's education this way will definitely make a big difference. College is often super expensive these days!

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  10. This is a great tip. The thought of paying for college stresses me out.

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  11. We have college accounts for both of our children - started as soon as they were born. I work for a private university and I'm secretly hoping that one or both of our children will want to attend this school (because they can go tuition-free.)

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  12. We used a similar service and it works! Between this and scholarships our daughter graduated debt free!

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  13. My kids are both done with college and are starting to build their own lives. It was a challenge but we got through it all. I think it's awesome that you get to lock in the rates for the tuition now instead of what it's going to be 13 years from now! Imagine the savings! This plan is definitely perfect for parents. It's a great way to save up for your children's future.

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  14. College is super expensive. It's not a fit for my oldest right now. If it ever proves to be he'll have to take out a loan and work to go like I did.

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  15. It's good that you are thinking about saving early enough, in the UK you almost have to take out loans as they don't give you an alternative, but I was lucky enough to be able to pay mine off when I graduated x

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  16. I hate how impossible it is to find affordable education with colleges these days. I STILL have 14,000 dollars in student loans but have been paying them off for about 6 years now. I need to up my payments so I can get this loan paid! My biggest regret was ever taking out a student load. ugh.

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  17. We are using 529 plans. I'm one of five, and four of us graduated college. (and all five at least started college!) I don't want to be in debt as long as we are. Great topic!!

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  18. This is awesome. It's a little different here, but I have 7 kids and am always thinking about college and making sure to have plans in place to ensure we can do our part to help them. 529 plans sounds great! - Jeanine

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  19. Each of our children have a specific savings account especially for college, however I love the thought of locking in the current rate. I will definitely be looking into 529 plans!

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  20. This is ever so interesting - I have never heard of these plans and wonder whether there's anything like that here in the UK, would be super useful to know! x

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  21. 529 plans are such great investments. Being able to help your child attend college shouldn't be beyond your reach and these type of plans can really make the dream more of a reality.

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  22. Sometimes college savings seems so out of reach for three kids. I know how important it is so I'm doing everything in my power to make it happen!

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  23. My dad did something similar, although it is not 529 plans, but basically the same. He paid for a college insurance plan for my brother, my youngest sibling. It was like he knew he won't be with us when it was time for my brother to attend college. Now, me and all my siblings have college degrees in one of the best universities in the country. Nothing really beats planning ahead.

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  24. We started a 529 plan for our 3 year old. Even with New York rolling out free tuition, I think it's best to be prepared just in case.

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  25. This looks like an excellent option. I shared this with my sister-in-law because she has four young boys and she really likes this idea for funding her children's education.

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  26. i have heard great things about these programs. they are so important

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  27. I wish I had known about this when my daughter started college a couple of years ago. She wouldn't be struggling in student debt like she is now. This is a great program.

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  28. Planning ahead is key as the cost of an education is unbelievably high. This is a great option for parents!

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  29. This sounds like an amazing program! I love that you're already preparing college for your kids

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  30. I don't have any kids, so I don't have to think about sending one to college. However, I do want my nephew to meet his education goals, and will tell my nephew about this.

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  31. As a mom of four little ones, I really appreciate this post. Thank you for sharing this because I am always looking for ways to invest in my children's future.

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  32. Ugh, I'm trying not to think about college yet. We will have two in at once, and then another just two years later. My Mom was the same way, instilling a good education in all of us and making sure we went to college. I had a ton of student loans though, and I don't want my kids to have to deal with loans. This is a good idea about paying for tuition now. I've heard of something like this in Michigan. I will have to look into, thanks for the info!

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  33. The college 529 plan is great. College comes so fast and it's so expensive! This is great info!

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[name=AnnMarie John] [img=https://3.bp.blogspot.com/-X9gUeVik-ZY/WJjwNTOobII/AAAAAAABTJ4/qEhU0n62_AIo-j6-6LA2OFOr44lKCHASwCLcB/s100/AnnMarie%2BJohn%2BHeadshot.JPG] [description=AnnMarie John is a lifestyle blogger, mom of 4, retired army veteran and a huge Disney lover. Formerly from the beautiful island of St. Vincent and the Grenadines in the Caribbean and now living in colorful Colorado, she loves sharing her opinions on everything, crafting and food.] (facebook=http://www.facebook.com/theannmariejohn) (instagram=http://www.instagram.com/theannmariejohn) (twitter=http://www.twitter.com/theannmariejohn) (pinterest=http://www.pinterest.com/theannmariejohn) (email=mailto:annmarie@annmariejohn.com)

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