Save For College

How many ways can you build college savings for your child?  Again I do believe that kids should work hard and earn money for their education but how neat would it be to hand your child money you have set aside through out their childhood on the day they graduate from college. Here are simple things you can do.

• Each birthday put the dollar amount equal to your child's age into the jar or piggy bank you have set aside for your child. You can even open a savings account with a bank and put the money there. It will gain a tiny bit of interest over the years as well and it will be in safe keeping.
  
• $1.00 a month can be your own little way to give your child "interest" on what you put in their accounts. $12.00 over 25 years adds up to $300.00 yes that doesn't seem like much over 25 years but believe me every bit helps.
  
• Don't forget we are still taking at least $10.00 out of each pay check as well, making this a total of about $6,000 at 25 years. 

Now with just these things alone you have a about $6,625.00 and this is just an estimation there here are other things you can do.

• garage sale money split between you and your kids
• pop can money split between kids
• loose change you find 
• instead of age amount for each birthday just give a set $20.00
• when you get a raise or bonus give your child's saving a raise

I hope you find these tips useful and remember to always add money and not take it away.