Strive for Parents
Financial aid, scholarships, loans—oh my! Preparing for the expense of a college education isn't easy, but by planning ahead, it certainly can become more manageable.
The first step toward college savings is setting a goal. You can never start too early, as the earlier you start saving the more time your money has to grow. No matter when you start, it's important to establish a plan to help keep you on track, whatever life may bring.
There are many tools and resources available to help you establish a plan that's right for you.
To help you get started, NBT Bank offers an online College Savings Calculator to help guide your monthly savings plan.
Keeping the results of these calculations in mind will help you select the products, services and habits that will make those numbers achieveable.
If you have trouble setting money aside for such a long-term goal, you may decide that automatic payroll deductions or automatic transfers from your checking to savings accounts are the best way for you to start saving for college tuition or related expenses.
And remember, NBT Bank is here to help. We can help you select the bank products and services to best suit your savings needs. We can also point you toward other resources to support your saving goals.
Some other resources to help you start a college savings fund, and stay on track, include:
Stop by your local NBT Bank office today to discuss all of the options at your fingertips!