For many people (especially those with Executive Function challenges), managing money can be really stressful. If you can relate to this challenge and are thinking of sending a kid off to college, then learning how to plan your finances accordingly is something that’s worth being really proactive about. According to the Education Data Initiative, average tuition and fee rates have increased 130% since 1990 - and that’s after adjusting for inflation (yikes!) So, what can we do? Is there a way to approach saving for college that is less stressful and more effective than just wingin’ it or waiting till the last minute?
Luckily, today’s guest is Shannon Vasconcelos, the Director of College Finance for Bright Horizons College Coach, and she joined me to discuss saving for college in a very executive function-friendly manner. In other words, she was the perfect expert I needed for this topic. Listen to learn from this college finance expert how you can approach this new exciting yet expensive chapter well prepared!
Show notes:
Bright Horizon’s College Coach
www.getintocollege.com
Getting In: A College Coach Conversation
https://getintocollege.com/Resources/Getting-In-Podcast
You Need a Budget (Hannah’s favorite budgeting tool)
www.ynab.com
Saving For College
https://www.savingforcollege.com/
Roth IRA and 529 Explained
https://www.savingforcollege.com/article/which-is-best-529-college-savings-plan-or-roth-ira
Making College Affordable: 5 Tips for Securing Scholarships