Do You Know How to Save for Your Child’s Education Fund? Here are 5 Ways.

Plan as Early as Possible, Even From Day One

I am sure it is a blessing and joy to have children. It is a beautiful picture to see when parents love their children. Parents are responsible for raising and guiding their children physically, socially, academically, emotionally, and spiritually. Education plays a huge role in raising children. This means parents must plan for their children’s education funds as early as possible, even from day one.

Do you know the average cost for a child from kindergarten to 12 Grade and college? From kindergarten to college, parents can expect a minimum of $250K and a maximum of 400K. In actual practice, each family will be different, but this is a reasonable cost range.

See below for more detail:

• Public school: Parents can expect to pay about 163K
• Private school: Parents can expect to pay about 293K
• High Education: Parents can expect to pay about 100K

Chart from Grade Power Learning

There will be a cost to raise a child, but parents should not be worried. If parents plan…