I did some research on college savings for Anne. With the estimated cost of college going up every year, we are trying to start saving early. According the calculator below, for us to save the money she needs for college, we have to start saving almost $600 a month. Yikes and that's just for one child. I guess we had better get started. We obviously can't save $600 a month at this time but maybe we can save enough for one year of school. We only need $150 a month for that. Every little bit helps, right?
Results
If your goal is to cover 100% of the $246,972 projected cost of college,
you will need to start making monthly contributions of $577 to meet that goal.
you will need to start making monthly contributions of $577 to meet that goal.
"Precious treasure and oil are in a wise man's dwelling, but a foolish man devours it." Proverbs 21:20
"The plans of the diligent lead to profit as surely as haste leads to poverty." ~ Proverbs 21:5