Step Five: Save for Education

It is almost no escaping from student loans but you can give the best start for your children…by helping them finish college debt-free.

Education Savings Account is a good place to start and the earlier you invested, the more money they can use for their education. There is also an option of scholarship or going to state sponsored school to help fund education.

***It is admirable that the book does suggest that debt is unacceptable but it seemed that the author is also suggesting that one may prefer not even going to college rather than getting into debt. Not going to college to avoid a debt is not a guarantee that one will remain debt free. Education, including money education, is essential to remain debt and financially free.

Next Page: Step 6: Pay Off Your Mortgage

Previous Page