What do your kids want to be when they grow up?
During the pandemic, our 4yr old asked to take ballet. Since many places were shut down, we were unable to sign her up for classes, but that didn’t stop her from asking (even Em’s teacher sent a note asking if we knew Em’s desire to take ballet). For Christmas, we surprised Em with all her dance uniform items so she could take lessons in 2021.
Y’all, it’s been the best investment. Em has loved every single minute of ballet! The night before, SHE gets all her things together and makes sure her pretty pink backpack is packed just like it was on her first day of dance.
When she returns home, she turns on either Swan Lake or The Nutcracker and dances to the instrumental music in her dance outfit.
With the conclusion of the school year, it’s a great time to think about the growth ahead and saving for college. Starting the conversation early is advantageous in many ways! Many parents who do not know all options available to them might default to options like a traditional savings account. Ohio’s 529 Savings Program offers a way to save for your child’s college expenses (while growing tax-free).
Ohio’s 529 College Savings Program is a tax-advantaged way to save for the future college expenses of your loved ones. While Ohio’s 529 is the Ohio offered plan, families in any state can take advantage.
Your account grows tax-free and qualified withdrawals are free from federal and state income tax.
- This allows you to take a look at how much more money you’ll need to save if you wait longer to start.
- This allows you to look at your college savings goals, projected costs and estimate what you’d need to save monthly to meet your objective.
- The Ohio 529 website andOur blog offers countless articles that can be used for source material or inspiration. You can even take this fun quiz to test your 529 knowledge!
Don’t wait! Start putting money aside to finance the future career of your young professional.
