Skip to site content

If you have children or you’re thinking about funding any kind of future education, this episode is your new best friend! We’re breaking down the best ways to save and pay for college, plus giving you hard numbers that will help you make the best decision on where to get your education.

In this episode, you’ll learn:

  • Where saving for college falls in The Money Guy Order of Operations
  • What money conversation every parent should have with their kids
  • How much each type of college costs and what you need to save each month to get there
  • What a 529 is and why it’s such a powerful tool for college savings
  • Other great ways to use 529 assets (besides just paying for college)
  • How to choose a 529 plan (and avoid getting ripped off)
  • Whether or not tools like Roth IRAs, life insurance, and student loans are viable options for funding education
  • Where to find FREE money that will help you pay for college
  • How to choose the best type of education for you

Resources and Research from this episode:

Enjoy the Show?

Categories

Tags

Where You Can Watch and Listen:

Subscribe on these platforms or wherever you listen to podcasts! Turn on notifications to keep up with our new content, including:

  • Episodes of The Money Guy Show every Friday
  • Episodes of Making a Millionaire every other Monday
  • Mini-shows every Wednesday
  • Ask Money Guy Livestreams every Tuesday
  • Tons of other fun content!
Related Content

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills! Thumbnail

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills!

Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...

Wealth Multiplier By Age Thumbnail

Free Resources

Wealth Multiplier By Age

If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.

Car Buying Checklist Thumbnail

Free Resources

Car Buying Checklist

Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...

Articles

College Enrollment Is Falling. Is Higher Education No Longer Worth It? Thumbnail

Articles

College Enrollment Is Falling. Is Higher Education No Longer Worth It?

Attitudes about college have shifted dramatically over the past decade. In 2015, Gallup found that 57% of Americans had a “great deal” or “quite a...

Top College Degrees in 2024 Thumbnail

Articles

Top College Degrees in 2024

The college landscape is constantly evolving, and the top college majors for new college students and graduates change as much as technology is changing the...

Retirement Savings vs. Student Loans: Which Should You Prioritize? Thumbnail

Articles

Retirement Savings vs. Student Loans: Which Should You Prioritize?

If you have little or no savings for retirement, does it still make sense to prioritize higher interest student loans or should you invest for...

Financial FAQs

Courses & Tools

How about more sense and more money?

Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.

Financial Order of Operations®: Maximize Your Army of Dollar Bills! Thumbnail

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills!

Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...

Wealth Multiplier By Age Thumbnail

Free Resources

Wealth Multiplier By Age

If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.

Car Buying Checklist Thumbnail

Free Resources

Car Buying Checklist

Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...

Recent Episodes

It's like finding some change in the couch cushions.

Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.

Will Their Unique Financial Structure Hold Up? Thumbnail

Episodes

Will Their Unique Financial Structure Hold Up?

Can two people with completely different money systems build lasting wealth together without sacrificing what makes each system work? We sit down with Nathan and...

HELP! I’m Financially Responsible But It’s SO Boring Thumbnail

Episodes

HELP! I’m Financially Responsible But It’s SO Boring

Doing all the right things with money, but it just feels... boring? Learn our four tips to help you stay motivated through steps six and...

How Much Do You REALLY Need To Retire? Thumbnail

Episodes

How Much Do You REALLY Need To Retire?

Think $1 million is enough to retire? Bo reveals what that number actually buys you, and how Social Security and inflation can change everything.