How to Avoid These 5 Common Mistakes While Saving for College

By Michael G Rivas via

For many, providing an education for your children is a core value. As parents, we want to launch our children with the tools necessary to live independent and productive lives.

However, we also must acknowledge that, as parents, we are swimming in a confusing ocean of wants, needs, desires, and drivers that might lead us to unfavorable outcomes. Things don’t always go as planned, unexpected events or desires occur, and plans and values get deterred.

The 5 most common mistakes people make when saving for college are:

  1. Waiting too long to start savings
  2. Depending on Scholarships or Grants
  3. Guided by guilt

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