Well she’s 3 months now but I’m still new to the game. For the fathers here what have you done to start setting your kids up for success? Also if you had to do anything differently what would it be? Thank you in advance for all the advice
Congrats. I have a 1 year old and 4 year old. God has smiled on us.
I started a 529 for my girls when they were born. $100 a month, times 12 months, times 18 years is just under 22K without any gains.
You can use it for stuff outside of college if your child gets a scholarship.
Outside of the 18 years of rearing, that’s a parting gift. If they don’t join the military, get a scholarship to a university, or do a trade, they can hopefully pay for 2 years of junior college and get their AA.
That’s if degrees are a thing 15-20 years from now.