#college

Starting a 529 college fund – who to go with?

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Starting a 529 college fund – who to go with? I teach hs so I talk to plenty of kids about their college ambitions and most how it’s going to get paid for. My husband and I are both millennials who had terrible student loan debt and we don’t want that for our future kids. Do we start a 529 now? We’re starting the IVF process and we are a bit older are 39/45. Who to go with? Thank you! s…

Reddit Personal Finance 1.3k 2024-12-08

18 y/o, will be going to college in the fall as an independent, considering buying a car

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18 y/o, will be going to college in the fall as an independent, considering buying a car Turning 18 in 3 weeks, I have 11k in savings and will be going to college on my own dime without scholarships and grants, I’ve been contemplating getting my own car for a while now but I’m not sure on if it’s financially wise, I haven’t been insured before. I make 20.32 and hour and live in Colorado, any advice would help! Edit: I don’t belive t…

Reddit Personal Finance 721 2024-12-06

Split 10k 3 ways for college

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Split 10k 3 ways for college My godfather graciously gifted my 3 daughters 10k to split to help with college. 2 are already UC students in their 1st and 3rd years. The other is 9. We’re working out the older kids college through aid, scholarships and loans. They live away from home one in a shared apartment where we pay the rent but she handles all other expenses through a …

Reddit Personal Finance 521 2024-12-05

What is the smart decision to make for college tuition?

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What is the smart decision to make for college tuition? So I am in the third semester of my 8 semester program of college. I am looking at tuition payments for next semester and it looks like I can make it by the skin of my teeth by paying out of pocket. I have to pay for college by myself and so far I have had to take out no loans. Do I just take out a loan now and still have some money in my accoun…

Reddit Personal Finance 985 2024-12-04

Recent-ish college grad with a decent job… one year later

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Recent-ish college grad with a decent job… one year later Hey all, It’s been about a year since my last post on this subreddit, where I’ve received great advice as someone who was just starting out. I figured, why not post an update to track my progress, while also gauging my decisions thus far with the community? I’m 23, and it’s been about one year at this full time position. I’ve paid my student l…

Reddit Personal Finance 685 2024-12-02

I’m a college student with thousands saved and I don’t know what to do

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I’m a college student with thousands saved and I don’t know what to do I’m currently a junior/senior in college, living off campus, with my rent and gas being paid for my by my parents, and only needing to pay for my food bill, which is split with my roommates (maybe $20-50 a week for me). I currently work at my college and make minimum wage ($15.69 an hour), for about 24 hours every 2 weeks (12 hours a week, beca…

Reddit Personal Finance 508 2024-12-02

Opportunities for a high schooler in sports photography of high level college football?

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Opportunities for a high schooler in sports photography of high level college football? Looking for opportunities in high-level sports photography of college football Hello, I am a freshman high school student and I have 4 years of experience in photography. I have worked with many athletes and multiple teams, and I have also taken photos multiple times for Dartmouth. Photography is my main passion and I am interested in eventually…

Ask Photography 386 2024-12-02

What should I do as a soon-to-be college graduate with $20k saved up?

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What should I do as a soon-to-be college graduate with $20k saved up? I am going to be graduating from college soon and I have $20,000 saved up. I want to move out of my parent’s house and leave my hometown after I graduate and get a job, but with the money I have saved up, what is a good move for me to make? I was originally going to put it into a life insurance policy this summer but my efforts were rejected for…

Reddit Personal Finance 1.1k 2024-12-01

529 or Roth IRA for college?

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529 or Roth IRA for college? I’m an older father and will be retiring around the same time my children start college. I have been contributing to 529s for them, but it recently occurred to me that there might be a better way due to my age. Is there any reason why I shouldn’t just put the 529 contributions into a Roth IRA instead? (I’d have to do a mega backdoor Roth) It se…

Reddit Personal Finance 1.1k 2024-11-29

We have a 529 plan with 50k in it, but now grandma generously decided to pay for college. Can we still use the 529 plan?

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We have a 529 plan with 50k in it, but now grandma generously decided to pay for college. Can we still use the 529 plan? If the checks are made from grandma to the school, then I think we cannot claim those expenses for 529 withdraw purposes, right? How can we utilize our 529 plan while we actually don’t pay for college. Do we need to make grandma send us the money, and then we pay from our accounts? submitted by /u/Relative-Ladder-2557

Reddit Personal Finance 449 2024-11-29

College student seeking advice on what to do with 401(k)

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College student seeking advice on what to do with 401(k) Hello! I left a job about a year ago that provided me with a 401(k) account. I matched it fully and have a good chunk of money just sitting there. Should I leave it there, or should I roll it over into a Roth IRA (if that’s even possible)? I do not anticipate having a job for a while because I am pursuing a medical career. Any advice would be g…

Reddit Personal Finance 566 2024-11-27