Investing for College Education
Which is the best time to start Investing for College Education of your Children? Well the Answer is -
Yes, The answer is now. According to my theory, the day you have strike this idea in your mind, you should start investing from that day only for your child’s college education. Now, you will ask me that, but I don’t have children because I am not married yet. Well, please don’t give me excuses.
My Answer will be the Same.
If you are not married than it’s fine. But Than also start investing for college education of your children NOW.
Now, you understand how important starting early is? Even if your children are not born, The Best Time to Start Investing for anything in this world is still NOW. This is because the power of compound interest. The compound interest is so powerful over the time that, it multiplies your money in a breath taking manner. But for that, you have to stay invested for the long time horizon say for example more than 10 years.
Even if you are just married today and don’t have any kids than also it is advisable to start investing for your kids. Because the more early you start, the more compound interest will work on your investments and the more capital you will accumulate for your children for their college education.
In USA, the college education fees are getting higher and higher every year and that’s why it is advisable to start investing small amounts of money early but regularly rather than earning a lot when your child grows and near their college education.
So now you have read and fully understand this article. So now it’s the time to start investing for College Education for your Children.