Show Notes
Four-year college isn’t the default anymore… but saving for your kid’s future absolutely is.
Today, Nicole breaks down the modern playbook for affording college whether your kid is a newborn, or if they’re applying to colleges now. This is your simple guide to 529 plans, custodial accounts, Coverdells, prepaid tuition plans, and the newest government-backed savings option making headlines. If you’ve ever wondered, “What happens to a 529 plan if my kid doesn’t go to college?” Nicole will teach you a smart move there, too.
Check out Nicole’s financial literacy course The Money School
Find a Financial Advisor or Financial Coach from Nicole’s company Private Wealth Collective
Watch video clips from the pod on Money Rehab’s Instagram and Nicole Lapin’s Instagram
Here’s what Nicole covers today:
Are You Ready for Some Money Rehab?
Where To Start If You Have a Newborn
Everything You Need to Know About 529s
Where To Start If Your Kid Is in Grade School
The Pros and Cons of Custodial Accounts
Where to Start if Your Kid Is in High School
Tip You Can Take Straight to the Bank
All investing involves risk, including loss of principal. This episode is for informational purposes only and does not constitute financial, investment, or legal advice. Always consult a licensed professional before making financial decisions.