It’s back-to-school season, and for many families, that can also mean soon-to-college for their children.
Of course, starting a Virginia529 account is a great first step toward preparing for your student’s college years. What can you do to further prepare? Here are a few tips you may consider to ensure your Virginia529 savings are on track:
- Set up a recurring bank deposit: Reach your goals faster and put your savings on autopilot with automated monthly contributions from your checking or savings account.
- Make an extra contribution: Celebrate special occasions such as birthdays and holidays with a special deposit – or consider putting an employment bonus toward your account to give it a boost.
- Put it on the wishlist: Ask family and friends to give the gift of education by contributing to your account with a Virginia529 gift certificate, gift card or online contribution.
Remember: Every dollar saved is one less borrowed, and every little bit counts. Even a small contribution today can make a big difference when back-to-school becomes off-to-college!