how i turned my kid’s college worries into a savings plan
Last summer, my daughter came home stressed about college tuition. She had some scholarships, but not enough to cover all expenses. Instead of panicking, I decided to make a game plan with her.
We sat down with a whiteboard and listed all costs: tuition, books, dorm, meals, and extra fees. Then, we reviewed what we had saved so far and where the gaps were. I explained to her how small, consistent contributions could make a huge difference over time, and we set up automatic transfers from my checking account into a high-yield savings account earmarked for her college fund.
The real magic? She started pitching in from her summer job and applying for small grants. By breaking it down into actionable steps, what felt like an overwhelming financial burden became something tangible and manageable. Planning with the kids not only relieves stress but also teaches them how money can work for them if they start early.
#Finance #Family #MakeMoney #Savings #CollegePlanning
