
Planning For Your Child's Education Makes You A Better Parent
Being a parent is hard. We totally get it!
And even so, every parent is always striving to be better and most importantly, to ensure their children have bright future. It can often be daunting task, but parents are relentless and will not back down.
When it comes to parenting and taking care of kids, one of the most discussed topics is education. Education is one of the best ways to ensure your kids have bright future - and there are many reasons why that is the case. But when it comes to education, there are always those additional worries and troubles, such as saving money for college. This can often be a daunting task, however - there are excellent plans and ways to make that experience easy.
Everyone wants to be a good, better parent - so here is a way to be exactly that.
Good Parents Care About Child's Education
Let's face it - every good parent has their kids' development and education on their mind. It is certainly one of the most important aspects of every parent's life. It's not an easy one, but it's certainly important.
For your kids, education means many different things:
- Stability
- Freedom
- Better Development
- Security
- New Perspectives
- And most importantly - A Brighter Future
Kids need education in order to develop fully as healthy human beings. However, they can't really provide for themselves in this regard - they rely on their parents. Providing for your kids future is a duty, among other things. According to this website, most parents aren't saving for their kids' college education. This is a very worrying trend all across the country, and it will affect future generations in a negative way. The reason this happens is usually one of these things - lack of funds or difficulty of the process.
For parents, kids' education usually means this:
- Stress
- Worry
- Additional Cost
- Time Consuming Experience
But... It doesn't have to be that difficult or stressful. In fact - saving your children's education can be a very pleasant experience, one that you actually enjoy.
With this in mind, U-Nest was born.
U-Nest is an application that allows parents to save for their kids educations, minus the difficult part. For as little as $25 per month, you can help your kids achieve their dreams. Our goal is to make the college saving experience easy and as simple as possible. Luckily, technology allowed us to automate this process and make it exactly that.
For more information, feel free to check our website at: https://unest.co/
This material is for informational purposes only and should not be construed as financial, legal, or tax advice. You should consult your own financial, legal, and tax advisors before engaging in any transaction. Information, including hypothetical projections of finances, may not take into account taxes, commissions, or other factors which may significantly affect potential outcomes. This material should not be considered an offer or recommendation to buy or sell a security. While information and sources are believed to be accurate, UNest does not guarantee the accuracy or completeness of any information or source provided herein and is under no obligation to update this information.
Don't just take our word for it
Hear what trusted money experts say about why UTMA and UGMA accounts can be a smart way to invest for a child’s future.
There are some tax advantages to using UGMA and UTMA accounts… Since they’re in your child’s name, the accounts will be taxed according to their tax bracket… There are no contribution limits on UGMA and UTMA accounts.
Dave Ramsey
Personal Finance Expert
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Investing for your kid’s future
Dave Ramsey
Personal Finance Expert
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...you could consider opening an account where you can dive deeper with the kids by your side. The easiest way to do so is to open a custodial account, known as an UGMA ... or UTMA ... account.
Jill Schlesinger
Emmy winning Business Analyst
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Straightforward “starter” investing account for kids
JILL SCHLESINGER
Emmy winning Business Analyst
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You can give children money that can accumulate somewhat tax-free over time... I love them (UTMAs) because they were like, trusts that you didn't need lawyers to create.... I think it's one of the better tax breaks around though. I know hunting for tax breaks may not sound very exciting, but that's how you take care of your family.
Jim Cramer
CNBC Host
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Give children money that can accumulate over time
Jim Cramer
CNBC Host
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