Q&A: Are you planning to save college money for your baby?

Question by mommie to Viyana: Are you planning to save college money for your baby?
I wanted to know how and when others start saving for their child’s college money like investments cds etc. I was planning on opening a savings account and saving $ 3000 a year but it’ll hav eno tax benefit ! help!

Best answer:

Answer by Kevin
As early as possible. Do a google search for “compound interest” and you’ll see why it’s important to start the second you have an extra dime to put away.

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