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Reduce your personal expenses
Watching your expenses doesn’t mean that you have to completely eliminate it. Simple things can help free up money that can be used to fund your children’s education. Here are some examples:
- Brown bag your lunch once a week instead of buying your lunch everyday.
- Go out to the movies every other week rather than weekly.
- Reduce your bank service charges by withdrawing one lump sum instead of several smaller withdrawals.
- Buy a medium coffee every day rather than a large size.
Small changes in your lifestyle could free up another $25 a month for your children’s education-and you probably won’t even notice the changes. |
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Consider doing any or all of these ideas to help fund your children’s education.
Remember with compounded growth, even small monthly increases early in the Plan can result in additional thousands of dollars towards your children’s college or university education.
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For more information about saving for your children’s Education Savings Plan, contact a Global Sales Representative or click here.
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