If you've got young kids and you are planning on putting them through college at some point you might want to put down that Sudoku puzzle now and pay attention because this is a brilliant idea. College Registry is an free education and finance application that offers a unique way of saving for your child's long term educational needs. Okay, so here's the deal. When a friend or relative asks you what your child would like as a gift what is your usual response? The latest Barbie doll or toy that will be lost or in the back of the toy cupboard as soon as a new toy comes along? With College Registry enables your loved ones to contribute to your child's college fund and invest in their future rather than that sad looking doll sitting in the back of the cupboard.
College is expensive and it's getting even more so. If you're a parent of a baby or young child you may be looking at a bill of $300k+ by the time they are ready to go to school! How can the average parent save enough to pay for college? College Registry offers an answer by helping parents meet their savings goals by enabling contributions from friends and family. They also provide a unique set of planning and tracking tools to help parents establish a savings plan to meet the anticipated cost of their kid's college dreams. College Registry enables loved ones to contribute to your college savings fund. Instead of giving gifts that aren’t needed or appreciated they can improve your child’s future. From baby showers to graduation, friends and family are already giving presents to your child. Signing up for a free College Registry account gives them the option of giving a gift that will make a life-long impact.
Back in the old days there were college savings bonds to put kids through college. These days there isn't quite as much forethought when it comes to the vastly expensive business of college education. I saw some figures the other day saying that a vast sum of college loan money is still owed by parents and it was putting their future and present livelihoods at stake many years after their kids have left college. So does your child really need that Tickle-Me Elmo toy? Or the Pokemon cards? College Registry is a brilliant concept that will not only encourage your family and friends to invest in your child's future but will also help out your bank account later on in life when things can get a little expensive. But if you are going to do it...do it now.