Couple Money

How to Find, Save, and Make Money for Your Kid’s College Fund

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Want to sock away money for college, but are on a tight budget? Here are the best ways to start and grow your kid’s college fund! 

This post may contain affiliate links. Please read my full disclosure for more info.

If you’re a parent, helping your kids to avoid or minimize college debt is a big concern.

The good news is time can be a huge ally.

Let’s say you have a little one who’s starting in kindergarten. 

Using CollegeBacker’s calculator, I ran the numbers for a family with a 5-year-old. If you contribute $100/month, you could have over $25,000!

Credit: CollegeBacker

Finding the Money for College

The challenge for many couples?

Finding the the money to contribute towards your kid’s college fund!

With a full plate of bills and not much free time, it can seem impossible.

It doesn’t have to be that way.

During the workshop on saving for college, we went over ways you can start contributing, even if you have a tight budget.

Today I’ll share ideas on how you can find, save, and make money. We used many of these when we were working to pay our car loan off early.

4 Bigs Wins on Your Bills 

Automatic Transfers

Once you save that money make sure you go ahead and schedule a transfer towards your kid’s college fund.

This is will not only keep you on track, but it’ll also save you time.

Earn Money on the Side

While some parents found taking a temporary or side job the right solution for them, those aren’t your options.

Making College Savings Easier

If you’re looking to start saving for your kid’s college fund, please check out CollegeBacker.

You can open a 529 College Savings Plan in about 10 minutes!

They work with you to figure out the details and you can invite family and friends to help you save.

And they’re offering a sweet bonus – they will match your first $25 contribution to everyone who signs up!

Grandparents asking what to get for the kids? Their contribution can count for that bonus!

Take advantage of this deal and start saving for your kid’s college fun now!

Want to Save More Money? 

Are you looking for more ideas on how to save more money? We offer a free week-long course – 5 Days to $5K – that takes you through how you fins, save, and make extra money on the side. 

Sign up today!

This post was originally published November 2017. Updated August 2018

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