If you're thinking of getting a head start on college savings, you've got the right idea. The sooner you start, the less you'll need to save overall, thanks to the power of compound interest. Getting started is easy, and here are four ways to kick things off right:
It's okay to start small. Even $10 a week adds up to $9,360 over 18 years-and that's without earning any interest. With a mere 4% return, you'd have $13,875. All for $10 a week.
529 plans are a great example. They're specifically designed to help save for college, and can offer tax benefits that really help out when it comes time to pay those tuition bills.
Upromise is a free program that offers rewards for things you buy every day. Over time, those rewards could add up to a big chunk of funds to use for college.
Learn more about our Financial Tools and Resources.