Family Values
Tim and Kathy, parents of four, are saving with Invest529 for their children's career education and training after high school.
As Kathy shared, “Our kids have thought about all kinds of careers: doctor, veterinarian, engineer, builder, fashion designer.”
With such diverse interests, the kids could pursue four-year degrees or technical certifications. Kathy’s main concern is giving them “a good start when they launch into adulthood.”
Tim added, “Just like investment for retirement, we're doing the same thing for the kids' college and we talk about it because it's part of our overall plan for them to get higher education. It's become part of our family narrative.”
Kathy and Tim encourage the children to be active participants in building their 529 savings, starting with contributing monetary gifts from grandparents.
This emphasis on the future is resonating with the older children.
As their 14-year-old and 12-year-old earn money on their own, by babysitting or mowing lawns, they voluntarily choose to add their earnings to their Invest accounts.
Kathy noted, “It’s exciting to see that come from them.”
“It's our values and we want that to be their values, too,” Tim concluded. “Nothing can help you more than education. [It’s] the one thing that nobody can ever take away from you.”