Time is Money
By Lauren Shipley
Public Relations and Marketing Manager College Savings Plans of Maryland
February 20, 2013
That age old saying, “time is money,” really is true—especially when it comes to saving for college. The projected costs of tuition can be shocking; but while some figures may seem unattainable, every dollar saved today could be a dollar less borrowed later. Each family has its own unique situations and goals when it comes to saving for a child’s future college education. Each State has a 529 plan that can help, regardless of how little or how much you can afford. Many offer initial monthly contribution amounts around $25 – for many families that is just one less pizza night a month.