Show notes
Tom is joined again by Monica Felton, a College Financial Planner to talk about alternative ways to pay for college. They talk about the misconceptions of what the true cost of college is and the reality of funding options (many think there's a lot of money to get from the government and schools), but the reality is a lot worse. Tune in today to learn about alternative ways to fund your child's Highlights 01:11 Monica's passion of making college more affordable 02:30 Understanding the true cost of college 05:19 Importance of saving and good grades for students 09:44 Effects of economic recession on college costs 13:16 Considering trade schools instead of college for certain career paths 16:19 Finding creative ways to make college affordable 19:49 Alternative ways to save for college 24:01 Limitations and risks of 529 plans 24:50 529 plans' impact on financial aid eligibility 26:25 Importance of access to liquid capital and flexibility in savings plans 27:47 Where to find Monica's book and follow her on social media for more college savings advice Episode Resources Connect with Tom Suvansri https://perennialpride.com/ https://www.facebook.com/perennialpride/ https://twitter.com/perennialpride https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA Connect with Monica Felton https://www.monicafelton.com/ https://www.linkedin.com/in/monicafelton Call to Action Schedule a Call with Tom How to Listen: Subscribe on Youtube Listen on Spotify
