PUT THE MONEY TOWARD YOUR CHILD’S OR GRANDCHILD’S COLLEGE EDUCATION
Your kids, or your grandchildren, are only getting older, and you’re going to be looking for colleges before you know it. That’s why Gulbransen suggests using your tax refund to start a 529 plan for your kids or grandchildren. “The opening amount can be as low as $25 to $50 and anyone can contribute to it,” he says.
“Starting this plan now will help you give the gift of college and help your loved ones avoid being part of the 44 million Americans with student debt.”