What do you feel when you learn about other families’ successful kids? Jealousy? Joy? Curiosity about how they accomplished it? Maybe a bit of everything? However you feel, you want your child to be educated and successful too, a goal for every great parent.
We know our kids can be scared of many things: the dark, monsters under the bed, creepy bugs or ghosts. Parents even know how to ease a kid’s fears, by using things like dream-catchers or magical monster spray. But when it’s the parent that gets spooked, what can they use on themselves?
1. How many kids do you have? How old are they?
We have a 3 year old boy and a 3 month old girl.
U-Nest finds 90 percent of parents believe they should pay for their children’s college education; offers three free months of 529 account management to help parents start saving
Most parents hope to create wealth to benefit their children. They dream of helping their children become successful, so they can pass prosperity on to the next generation, the grandkids, and so on. Unfortunately, today’s economy and the increasing burden of student debt may shrink or erase any legacy parents might create for their kids.
College acceptance letter day: a moment every parent dreams of. The stress and anxiety of waiting are finally over, the hard work has paid off, and your kid has finally received the letter they’ve been waiting for. So your proud kid jumps up and down in excitement like a kangaroo and you feel as if you were on cloud nine! Congrats!
- How many kids do you have? How old are they?
We have one daughter who is 20 months old.
- What is your favorite family activity?
Play time before bed…we run around the house like a bunch of crazy people in an effort to get my daughter tired enough that she’s ready for bed. It’s actually super fun!
After hearing all the benefits of college savings, the most common question we hear from parents is:
“But what happens with my money if my child doesn’t go to college?”
Parents often mistakenly think their money will just “disappear” or will be difficult to reclaim if their child decides to become a dancer, sportsman, or a millennial Instagram influencer instead of going to college.
We want to clear this up–this is wrong! Your money will not disappear. Your money is always yours and is always accessible.
Let’s assume that your child decides that he or she wants to become the next Kylie Jenner and Instagram their way to fame and fortune rather than go to UCLA to study chemical engineering.
What are your options?
At the beginning of life, children are all very similar: weak, dependent, and helpless. But over the years with time and hard work, they transform into strong, independent, and thoughtful adults. People become who they are through three main factors: where they grow up, the people that surround them, and, most importantly, their education.