Wed, Apr 19, 2023 11:30 AM
During this time of year, many parents of graduating seniors begin to panic when they realize they are just a few months away from their student’s first college bill coming due. If your student is entering their freshman, sophomore or junior year of high school, you may be stressed out realizing you have yet to figure out your college budget. Feeling overwhelmed, here is an important step you can take today – map out your family’s budget.
Unfortunately, many families forget to plan for how they are going to cover the ever increasing cost of college – and also that this is often a minimum of a 4 year commitment. Mapping out your college budget will ensure you have everything written down, confirm that everyone is on the same page, and help ease your nerves. Budgeting allows you to see where you are currently spending your money and gives you the transparency you need to make important changes. With a budget, you can also accurately work though the numbers and prepare for how you and your family are going to pay for college in the future.
In Dan Bisig’s book, “The College Entrance Game Plan” there is a chapter that details how to create a college budget. Be sure to get a copy of Dan’s book today because it will help you find new ways to plan and pay for college. To order a copy, go to www.amazon.com.
Putting as much time into your budget as you do planning for your family vacation can absolutely pay off in the long run. If you need help budgeting for your student’s college, feel free to reach out to College and Beyond to Schedule a FREE 15-minute Discovery Zoom Meeting with Dan TODAY!
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