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How to Pay for College in 3 Phases, Ep #222
Manage episode 434204372 series 3557639
المحتوى المقدم من Financial Symmetry, Chad Smith, and Mike Eklund. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Financial Symmetry, Chad Smith, and Mike Eklund أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.
How do you begin to save for your children to go to college? With the rising costs of college education, is it worth the monetary commitment?
Including tuition & fees, room & board, books & supplies, etc. the average cost of college is anywhere from $27,000 for an in-state public school up to $80,000–$90,000 a year for an Ivy League School.
How you pay for your student’s college is one of the most important financial decisions you’ll ever make. In this episode, we cover the three phases of saving for college and what you need to pay attention to in each phase.
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Outline of This Episode- [1:53] Why college? Is it necessary?
- [2:41] Average cost of college
- [4:42] Phase #1: The Saving Phase
- [10:02] Phase #2: Preparing for college
- [20:44] Phase #3: In-college strategies
- [22:57] Summarizing the big points
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