Saving for College Simplified
A practical course that will take new or newish parents from wondering when to start saving for college to understanding when, how much, and HOW to actually start saving.
College costs could be $600K+ in 18-years.*
Ick. That scares us too.
As a mom, I built this class to help you make smart choices about saving for college. I talk about how much to save, which accounts to use (UTMA/UGMAs vs 529, which 529 to select), what investment options you have within a 529, and what buttons to press to actually get started. If you're already saving for college but you aren't sure you're saving enough, this quick and free course will help you calculate your "number" so you can sleep better at night.
This course includes:
- Exercises to get you and your partner on the same page about WHAT you're saving for (Tuition only? Public versus private?)
- Detailed overview of the difference between different education savings accounts
- Review of common investing options within a 529 and what they mean
- Video of your instructor opening up a 529 down to which buttons to press
- How to find the link so your friends and family can contribute to your child's 529
Have a lot of financial goals and aren't sure where college fits in?
Saving for college should ONLY happen after you have taken care of your OWN financial foundation.
If you're paying off credit card debt or aren't saving ~12-15% of your pre-tax income for retirement, this course is not for you. Getting your financial house in order is one of the greatest gifts you can give your children.
*Assumes private school including room and board (currently ~$50,770 / year) and 6% / year annual education inflation.
what you get
With the Saving for College course, you receive:
This is a free resource to help you navigate the big decisions
See the course curriculum here
Join the Saving for College course
A year from now, your kids will be one-year closer to starting college -
what's stopping you from taking control of your money today?
Frequently asked questions
If you have high-interest debt like credit card debt or if you're just starting to build an emergency fund or save for retirement, saving for college is probably NOT the right next step for you. Our live and on-demand money bootcamps may be a great tool to help you build a strong financial foundation. The saving for college course is probably not right for you.
While we all want to give our children the most opportunity possible, if we don't take care of our own financial health, we can become a burden to our children in the future. Like they tell you on the airplane, put on your oxygen mask, aka build your own strong financial foundation, before you focus on theirs.
This course includes two recorded modules. The first class is ~37 minutes in length and the second class is ~15 minutes. This course also includes 2 Excel exercises to help you determine your education savings philosophy (aka WHAT you're saving for) and the calculate how much you need to save for college each month.
Outside of the class recordings, the homework should take ~1 hour but may involve a longer conversation with your partner or community as you think through what you want to save for and how saving for college trades off with other financial goals you may be working on.
This is a free resource. I'm a mom to two young boys, and I want to make these decisions easier to navigate for parents.
If you have already started saving for college, but you're not sure that you're saving enough OR if you're approaching your investments the right way, this class is for you. We will walk through a calculator that helps you estimate how much you need to save for college toggling a few key variables. We will also walk through the investment options available in a 529 and how to weigh the risk / reward profile of different options depending upon the age of your child.
Yes, all of the videos in class come with closed-captioning so you can follow along more easily.
While we recommend that you watch the video portion of module 2 (which buttons to press when opening up a 529), both courses can be streamed on your phone and you can listen to audio only while you're on the go. You can then go back and rewatch relevant sections with video as you have questions or want to see the numbers in front of you!
Meet Your Instructor
The program is facilitated by Eryn Schultz, a 2015 Harvard MBA with a passion for helping you take charge of your financial future. Eryn is also a new mom saving for her son and her and her husband's financial future. Unlike other financial education programs, Eryn is 100% focused on education and does not pitch any products or receive affiliate commissions. Eryn has presented to women's groups at Amazon, Schlumberger, Harvard Business School, and Kellogg Business School, and has lead hundreds through her Money Bootcamps. Her work has been featured in national publications CNBC, NPR, Real Simple & Poets & Quants.
Eryn Schultz, MBA
My goal is to help YOU take charge of your financial future. I am a mom to two, and I want to help you feel confident you're doing the right things for your kids.
Founder of Her Personal Finance
What's Inside This Course
The Saving for College Curriculum
College is expensive