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How to Get a Head Start on College Savings

This post is sponsored by Florida Prepaid College Program through Bloggin’ Mamas. Opinions are 100% my own.

Another school year has flown by! I am sure most parents will agree with me when I say, “Wasn’t it JUST the first day of school?” When I see how quickly my children are growing up, it makes me happy to know that I have a plan in place for when they go to college, thanks to the Florida Prepaid College Program. My son is paid off and good to go, and we got started with my daughters prepaid fund this year.

If you have been thinking about checking out different college savings plans, now is the time to do it… especially since you can win cash towards your kids college. Right now, Florida Prepaid is giving 10 Florida families $529 in a Florida 529 Savings Plan! That’s a great head start on your kids college savings! If you haven’t looked into a 529 savings plan, here is a quick summary from the Florida Prepaid website:

The Florida 529 Savings Plan can be started at any time and only requires a $25 initial deposit to open. Even if you can’t save for your child’s entire college education, starting something is always better than doing nothing. The funds in a Florida 529 Savings Plan can be used for any qualified higher educational expense, including tuition, room & board, textbooks, graduate school and much more.

The Florida 529 Savings Plan offers you the ultimate in flexibility. Simply choose from the investment options, then contribute as much and as often as you’d like to suit your budget and goals. Each investment option, such as our popular age-based option that automatically allocates contributions based on the age of the child, is independently run by professional investment managers. There are 11 investment options let you invest in any way you feel comfortable. From more aggressive to more conservative options, and with age-based and fully customized approaches, you have as much control as you want over how much you invest and where it’s invested. And as the years go by, you’re free to change contribution amounts and how they are allocated at any time.

The contest is EASY. Just click this link and enter. (you can enter every day but you have to be a Florida resident) The contest runs through June 11. 10 lucky winners will get a $529 scholarship deposited into a Florida 529 savings plan account. That is an awesome jump start for your kids college fund!

 

 

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