Saving for the future
Small actions you can take today to make college more affordable
You'll feel great about getting started
An introduction to this class
This life-changing and practical class will take new or newish parents from wondering if you're ready to save for college to understanding when, how much, and HOW to actually start saving.
We've got you, mama. Eryn will walk you through every detail of saving for college, so you can walk away confident and empowered
Exercises to get you and your partner on the same page about WHAT you’re saving for (Tuition only? Public versus private?)
A detailed overview of the difference between different education savings accounts
A review of common investing options within a 529 and what they mean
A live example of Eryn opening up a 529 account including which buttons to press
How to find the link so your friends / family can contribute to your 529
How much should I save for college? How does saving for college impact access to financial aid and scholarships? What type of account should I open up to save? I’ve heard of a 529. Should I go with my states or another state’s plan? What happens if my child does not go to college? Eryn will answer all of these questions and more.
Welcome, what to expect & course tips
Choose your education savings philosophy
Saving for college overview
Module 1: saving for college
Exercise & homework: saving for college
How to open up a 529 (step-by-step guide)
Investing in a 529
In addition to Eryn's *amazing* step-by-step videos and modules, you'll also have access to...
• Calculate how much you need to save for college by month or year depending on the age of your child or children and your savings goals.
• Determine your Education Savings Philosophy. What are we saving for? (Public versus Private University? Room and board or just tuition?)
• What happens to the funds in a 529 plan if your
child does not go to college?
• When investing in a 529 are you guaranteed a specific rate of return?
• When should you choose a 529 offered by your state?
If you have high-interest debt like credit card debt or if you're just starting to build an emergency fund or save for retirement, saving for college is probably NOT the right next step for you.
While we all want to give our children the most opportunity possible, if we don't take care of our own financial health, we can become a burden to our children in the future. Like they tell you on the airplane, put on your oxygen mask, aka build your own strong financial foundation, before you focus on theirs.
This course includes two recorded modules. The first class is ~37 minutes in length and the second class is ~15 minutes. This course also includes 2 Excel exercises to help you determine your education savings philosophy (aka WHAT you're saving for) and the calculate how much you need to save for college each month.
Outside of the class recordings, the homework should take ~1 hour but may involve a longer conversation with your partner or community as you think through what you want to save for and how saving for college trades off with other financial goals you may be working on.
The saving for college class costs $59. If you would invest this in a workout class or a nice dinner out, why wouldn't you show your financial life the same love? We promise this class will have a higher ROI! Plus, we offer a 30-day satisfaction guarantee. If you're not happy and you let us know within 30-days, we will give you your money back. We have never had anyone ask for a refund on one of our classes!
If you have already started saving for college, but you're not sure that you're saving enough OR if you're approaching your investments the right way, this class is for you. We will walk through a calculator that helps you estimate how much you need to save for college toggling a few key variables. We will also walk through the investment options available in a 529 and how to weigh the risk / reward profile of different options depending upon the age of your child.
Yes, all of the videos in class come with closed-captioning so you can follow along more easily.
While we recommend that you watch the video portion of module 2 (which buttons to press when opening up a 529), both courses can be streamed on your phone and you can listen to audio only while you're on the go. You can then go back and rewatch relevant sections with video as you have questions or want to see the numbers in front of you!