Using Advisory Services for College and Education Planning
Using Advisory Services for College and Education Planning If you’re a parent thinking about college for your child, you’ve probably asked yourself: How am I going to pay for this without derailing my own financial future? You're not alone. College costs have skyrocketed over the past few decades, and what once could be covered with part-time jobs and modest savings now often requires serious planning—and a solid strategy. But here’s what many families overlook: planning for education is not just about stashing money into a 529 plan and hoping for the best. It’s about balancing current needs, future goals, and the complex intersection of financial aid, tax rules, and investment decisions. That’s why more families are turning to investment advisory services to make sure they’re not only saving, but doing it smartly. 1. College Planning Is Financial Planning (In Disguise) Too often, people treat education planning like a separate category from their broader financial life....