Having the “money talk” with your teenager about college costs can be daunting. It’s easier if you have been educating your child about money matters from an early age. Children begin to grasp simple financial concepts starting at ages 3 or 4. By the time your child reaches their freshman or sophomore year in high school, it’s time to discuss what you can afford for their higher education. Will they have to work part-time to supplement what you have set aside? Will they have to get loans? How will college be paid for? Watch this video for some help with those challenges.
CCMI provides personalized fee-only financial planning and investment management services to business owners, professionals, individuals and families in San Diego and throughout the country. CCMI has a team of CERTIFIED FINANCIAL PLANNERTM professionals who act as fiduciaries, which means our clients’ interests always come first.
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