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I have a couple grand to save for my child's college education... what do?

Posted on 2/11/14 at 10:09 am
Posted by OaklandFire
Member since Oct 2008
180 posts
Posted on 2/11/14 at 10:09 am
What's the best way to invest $2,000 with the intent to use it 14-15 years later for college for your 1 or 2 kids?
Posted by Broke
AKA Buttercup
Member since Sep 2006
65050 posts
Posted on 2/11/14 at 10:15 am to
529 College plan
Posted by Rev1897
NOLA
Member since Dec 2008
782 posts
Posted on 2/11/14 at 2:15 pm to
Is the Louisiana State 529 plan a good one? Looks pretty good to me
Posted by Cmlsu5618
Destin, FL
Member since Sep 2010
3763 posts
Posted on 2/11/14 at 3:17 pm to
Just to throw in different opportunities:

UTMA- LINK

Coverdell Savings Account- LINK
Posted by makersmark1
earth
Member since Oct 2011
15971 posts
Posted on 2/11/14 at 4:09 pm to
If you have not maxed out your retirement savings do that first.

College grants and scholarships and a part time job can pay for college.

If you have extra money, 529 is best plan.

I have Coverdell and 529 for both of my kids, but I've maxed retirement every year too.
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