It may feel like summer just started but, before you know
it, it will be winding down and fall will be on its way. For many people, fall
means the start of a new school year. If you’ve got a son or daughter in
college or if you’re planning to go back to school yourself, there’s no better
time than the present to seek wealth management
help from a financial advisor. Tuition and the super high cost of books and
supplies can put a serious dent in anyone’s wallet, which is why, ideally you
should have been saving for school all summer long. If you haven’t yet started
putting money aside for school, do it now! The sooner you start, the better. If
you have a wealth management advisor, work with the advisor to set up a doable
savings plan to give you extra money to pay for school.
Also keep in mind that many stores run back-to-school sales.
While you might think those sales only apply to the little ones, college
students also need things like paper, pens, folders, and more! If you can grab
these items up for cheap by shopping the sales, why not go for it?
If you’re still struggling after following these tips, then
you may want to talk with the school about setting up a payment plan. Many
colleges and universities will give you the option of paying for tuition in
several, spread-out installments instead of all at once. Your financial advisor
may also be able to point you in the direction of loans, grants, and other
money-saving options. If you need a good financial advisor in the Naperville area, check out Platinum Financial Associates!
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