1. The best way to save for college (for yourself) is to get a job and put a defined amount into a money-market account so that you get a decent rate of return on it.
2. Taking out a loan is the worst way because you will go into debt and that will restrict you when you want to buy a large item or invest.
Saving through an Educational Savings Account (ESA) is probably the wisest way to save for college. Also, working to get good grades and a good ACT/SAT score and getting a job. If you take out a loan, you'll graduate with debt before you even have the opportunity to get a decent job and all of the Baby Steps will be harder to achieve.
ESA is the best way to go for saving for collage… and getting good grades, joining the military, working hard etc, etc will help you save with out taking out a loan.
The best way to save is the ESA account This is better then taking a student loan because a student loan will increase over time and in the end you will be spending more then you should Adam
the best way to save for college is to put your money in a money market account and get a job. it is important to save for college and not use a loan because you dont want to go into debt.
What is the best way to save for college? And why is it important to save instead of taking out a loan?
ReplyDelete1.)save money in a money market account
ReplyDelete2.) so you don't end up going into debt
travis
1. The best way to save for college (for yourself) is to get a job and put a defined amount into a money-market account so that you get a decent rate of return on it.
ReplyDelete2. Taking out a loan is the worst way because you will go into debt and that will restrict you when you want to buy a large item or invest.
1) ESA account or money market account
ReplyDelete2) so you can stay out of as much debt as possible
1. ESA is the best way to save for college.
ReplyDelete2. You shouldn't take out a loan, because then when you graduate you will have debt.
Saving through an Educational Savings Account (ESA) is probably the wisest way to save for college. Also, working to get good grades and a good ACT/SAT score and getting a job.
ReplyDeleteIf you take out a loan, you'll graduate with debt before you even have the opportunity to get a decent job and all of the Baby Steps will be harder to achieve.
ESA is the best way to go for saving for collage… and getting good grades, joining the military, working hard etc, etc will help you save with out taking out a loan.
ReplyDelete1. ESA account is the best way to save for college
ReplyDelete2. Later on you will be in debt
1) ESA account or money market account
ReplyDelete2) so you can stay out of large debt
The best way to save is using an ESA account.
ReplyDeleteYou should save instead of taking out a loan so that you don't fall into debt.
Autumn
The best way to save is the ESA account
ReplyDeleteThis is better then taking a student loan because a student loan will increase over time and in the end you will be spending more then you should
Adam
You should use an ESA to save for college. If you take out a loan you'll get into debt.
ReplyDeleteeyezik
the best way to save for college is to put your money in a money market account and get a job. it is important to save for college and not use a loan because you dont want to go into debt.
ReplyDelete