Planning for the Next Generation

Saving for Education: Start Early, Save Strategically

School can cause anxiety – and not just for the students! As costs for education rise, parents today should start thinking about saving for college earlier than ever before. Planning and saving early can be a significant contributor to success.

Understanding the benefits of savings tools can help you strategize and reduce the amount of financial stress when your kids head off to college. Working with a trusted advisor who understands all your financial goals – not just for education – can help you put the pieces together.

It can be tempting to delay saving for education when it feels so many years away. But even if you don’t contribute much early on, getting the pieces in place will pay dividends long term. Talk to an Alerus financial advisor to learn more about the programs available and start creating your education savings plan today.