Plan for your child’s future college education.
The biggest hindrance for young adults and families building their savings is paying off accumulated debt, particularly student loan debt. Being saddled with large monthly loan repayments does not allow young adults the extra income to save for retirement and other life needs.
Saving for college may seem like a daunting and stressful task, but it will pay off for your child in the long run. College tuition has been on the rise in recent years, and depending on each individual’s situation, it could end up costing between $20,000 and $40,000 or more for a four-year education. Should you forgo saving for your child’s future education, it could end up costing them almost double when interest on student loans is considered.
Let Us at Planning Bucket Help You Find a Financial Advisor to Help Meet Your Financial Goals
For guidance and advice on college planning, as well as an introduction to the different savings plans you can use to plan for your child’s college education, like 529 plans and custodial accounts, contact Planning Bucket. Their financial professionals serve those in North Carolina and can help you plan for this major investment in your child’s future.
FAQs About Finding a Financial Advisor
Trying to manage your finances as well as everything else going on in life can be a challenge. Finding and working with a financial advisor committed to your goals can help you feel confident about your finances and help you make progress towards your objectives. Below are the answers to a few questions about finding the right financial advisor.
Why should you work with a financial advisor?
Most importantly, working with a financial advisor can provide peace of mind, leading you in the right direction. A financial advisor can also provide expert financial knowledge and provide an objective look at your finances.
What can a financial advisor help you with?
How can you help me find a financial advisor?
What makes your financial advisors different?
How do I get started?
Planning Bucket connects clients with college planning advisors in Central and Western North Carolina, including Asheboro, Burlington, Chapel Hill, Charlotte, Concord, Greensboro, High Point, Huntersville, Kannapolis, Lexington, Matthews, Monroe, Reidsville, Winston-Salem, Asheville, Boone, Brevard, Dobson, Elkin, Hickory, Morganton, Mount Airy, Sparta, Statesville, West Jefferson, and Wilkesboro.