Are you saving for your kid’s college?

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**As part of a recent Arkansas Women Bloggers event, stomach
I participated in a free educational financial planning workshop, look
but all opinions and recommendations in this post are my own.**

2014-11-15 17.14.45-1My five year old has gone from wanting to be a ninja when she grows up to a “cooker” (aka chef). Who knows what it’ll be by the time she turns 18. But one thing I know is that I better be ready financially. My husband and I are still paying off student loans for master degrees, and we don’t want our children to go into debt getting their college education. But where do you start? I really had no clue. (Saving is not my forte.)

So last Friday, I attended an Educational Financial Planning Workshop hosted by the Arkansas GIFT College Investing Plan (AR529) at P. Allen Smith‘s gorgeous Moss Mountain Garden Home.

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The Arkansas GIFT College Investing Plan offers all the familiar features and benefits of a 529 plan, plus a state income tax deduction for Arkansas taxpayers, a wide range of investment options, and the opportunity for additional savings through Ugift and the Upromise rewards service.

2014-11-14 13.00.48-2“For every dollar you save for college, you earn money.
For every dollar you borrow for college, it costs you money.”

Comfort comes in knowing you have set money aside for your kids’ college. And now I’ve started. It was really easy (online application here). I set up monthly autodrafts from my bank account, so I won’t really have to worry about it. I can make changes at any time. And I can share our Ugift code with family and friends, and they can make gift contributions at any time at Ugift529.com. So in 12 years when we’re deciding what ninja-culinary school she’ll go to, we’ll be prepared.

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Are you prepared? If not, it’s not too late to start. Check it out now.
Arkansas GIFT College Investing Plan