I have 5 kids and can't pay for their college. I decided not to do a 529 plan, and here's how we are helping them out instead.

from Business Insider 3 months ago

"In a UTMA custodial account, the money belongs to the child, which gives them ownership and potential financial literacy opportunities as they grow older."
Business Insiderhttps://www.businessinsider.com/i-have-five-kids-and-cant-pay-for-their-college-2024-10

"Instead of a 529 plan, we opted for UTMAs because it allows for a wider range of investments—like real estate or even fine art—rather than being pigeonholed into educational expenses only."
Business Insiderhttps://www.businessinsider.com/i-have-five-kids-and-cant-pay-for-their-college-2024-10

Read at Business Insider

#investment-strategies #education-savings #utma-accounts #financial-planning #college-funding

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I have 5 kids and can't pay for their college. I decided not to do a 529 plan, and here's how we are helping them out instead.I have 5 kids and can't pay for their college. I decided not to do a 529 plan, and here's how we are helping them out instead. Briefly

I have 5 kids and can't pay for their college. I decided not to do a 529 plan, and here's how we are helping them out instead.
I have 5 kids and can't pay for their college. I decided not to do a 529 plan, and here's how we are helping them out instead.
Briefly