What Are Your Safeguards for Your College Investment?
Bob and Prudent Money Contributor and College Admissions expert John Hupalo discusses how to create safeguards to protect your investment in college costs.
@Emmam - thanks for the feedback. I think it comes down to being very realistic and very intentional about creating a funding game plan. If it were and my kids elected not to go to college, those funds would go to my retirement fund!
I enjoyed this session about safeguarding college investments. I know some parents start saving when the children are babies but what happens to the investments if they don't want to go to college. Should parents have a conversation with the children to see if they want to go to a four year school or what? Some parents tend to live vicariously through their children. Sometimes when you hand someone something they have no investment in they abuse it. These are a few things that also need to be considered.