ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

College Education - Investing and Saving for Further Education

Updated on December 4, 2011

Saving up for College

Now that I have children that are growing up and approaching the college years, I fully realize how it is so true that time flies. I think most parents want their children to be able to pursue their dreams and go to college. Unless you plan ahead and save the time will sneak up on you before you know it. You have to choose to make it happen because there are always other things in life demanding money and attention.

There are a lot of investment strategies out there but most experts will agree that putting money aside for future college expenses is a must. Here are some basic tips to follow for planning ahead.

Make sure to start as early as you can to establish a separate college saving accounts. It is ideal to do this for the birth of each child. That said, don't be discouraged if your child is now grown and facing college years. Do what you can now and encourage them to go to college however you can make it happen. Many have done this.

Boston University
Boston University | Source
University of Connecticut School of Law.  Hartford Seminary campus was the older name of the school.
University of Connecticut School of Law. Hartford Seminary campus was the older name of the school. | Source

Different Ways to Save

Every month, you should try to put at least a little bit into an account for each child. Even if the amount seems incredibly small to you compared to the cost of college, do this anyway. You are likely not going to regret it, and if emergencies should arise, you have the account there in a pinch.

Make investments that are keeping the ages of your children in mind.

Investing in stocks and mutual funds while your children are in the younger years is a great idea. This allows for their maximum growth before time gets stolen away.

Over time, you might want to shift your investments to more conservative and income producing types. This is good as your children are getting older. Some ideas might include mid term Treasury Bonds, and equity income funds.

You will want to try to time your investments to mature as your child is approaching college age. Time them for maturing before or near the time tuition bills are due.

To young people that don't have anyone really looking out for them in this regard, or who are unable to, you need to try and save for yourself. In short, get more income than you spend, and save the rest. Its a wonderful habit and you will never regret it.

**Special Note to those that either couldn't plan ahead in such ways or didn't realize it until it was too late. Never ever give up on pursuing a college education. Some families are very poor, and not for lack of working very hard. Some people don't have parents to plan ahead for them, and can only give their children wise advice for their futures. These kids can still have options available to them. Seek out counsel from Financial Aid offices in the colleges you want to go to. Make some phone calls, and make plans to make it all happen. You will be so glad you did. Do know that many have done just that, and are doing great in life.

Also, I have recently heard some neat stories of people that are in their elderly years that never got to go to school. There is a woman in her eighties that went to get her Psychology degree, and did great in her classes! She has received job offers and the other young students are jealous of her. This was the sweetest story and I wanted to share the great respect I have for people like this. Don't put restrictions on yourself, and don't let others do it either.

Saving for College Tuition Poll

Have you ever saved up for college tuition, or had others save up for your own college tuition?

See results


    0 of 8192 characters used
    Post Comment

    • oceansnsunsets profile imageAUTHOR


      7 years ago from The Midwest, USA

      Hi Incomeguru, I think grants can be helpful also, and have written about them myself. I thank you for stopping by my hub and leaving a comment. :)

    • incomeguru profile image

      Oyewole Folarin 

      7 years ago from Lagos

      I think grants would have been more better. In addition, one can look for companies offering tuition reimbursement programs.

      You can check the hub below for more information.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)