Friday, October 3, 2008

Saving For College...Virgin Money

Virgin Money - www.virginmoneyus.com

Saving for college was a BIG topic for those wondering how to pay the bills for college tuition. One woman wondered what to do because her earnings had been earmarked for tuition, there wasn’t enough financial aid, and her daughter was just a freshman in college! Besides the discussion of part time and summer earnings, we talked about the possibility of family members lending money under the auspices of a third party to make it “serious” and “official.” She loved the idea!

As did the gentleman whose daughter was entering graduate school.

It’s a good idea to have in mind various referral sources and websites so folks have a take away.

Peg Downey, CFP
NAPFA-Registered Financial Advisor

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