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My kids are 4 and 7. Is it too late to open a 529?

By Saundra Davis
Three black children sit down to do their homework

“My son is 7 and my daughter is 4. Is it too late to invest in 529 plan for them? What would be a better alternative to save for their college and financial future?” Submitted by Stella D. It is never too early or too late to start saving for college (or for anything, for…

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Saving for College

By Saundra Davis
Black woman smiling while wearing her college graduation gown with her cap in hand and sitting on the steps of her college

  Graduation celebrations are all around us. I think this is a wonderful time to think about what college savings means in your life and for your family. Find your “why” As exciting as college can be, the financial burden is often high. So take some time now to think about your motivations. Are you…

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Community Resources

  • Ask an Expert
    • – Submit a Question!
  • Budgeting
  • Calculators and Quizzes
  • Credit
  • Debt
  • Emergencies
  • Finances 101
  • Investing
  • Retirement
  • What’s new
  • Saver Stories
    • – Share Your Story
  • Videos

  • Interest Rate Check-in: Can You Guess the Going Rates?
  • Rideshare Rates: See how much Uber & Lyft drivers earn in your state
  • Power in Renting: What Every Renter Should Know About Their Rights
  • Power in Renting: Build Credit by Reporting your Rent
  • Ask an expert: getting life insurance after a major diagnosis
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