When you have the College Money Talk with your child, put it in terms they can understand, like luxury cars.
You already know a Porsche is going to burn an $80,000 hole in your pocket AND your kid is going to love it. Now imagine buying 4 Porsches, one for each year of school. 😥
Set realistic expectations with your soon-to-be high school grad and consider a school’s available need-based grants and merit scholarships — and be warned… some schools offer neither.
You can still get a great education and avoid the stress of exorbitant loans and family arguments. Plus, an education doesn’t decrease in value the moment you drive it off the lot!
Check out our Instagram post below for some helpful visual aids. (And please give us a follow!)
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