060 How to Pay For College (UTMA, UGMA, 529, Roth IRA&More) - a podcast by Mel Abraham

from 2022-04-22T09:00:02

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How to Pay For College. Let's face it, education can be a costly pursuit. But did you know that it can literally cost you your financial future and freedom? There are so many options to pay for college AND bring our children along the financial literacy path to set them up for life. In this episode, I walk through much of what you need to consider. What You'll Get In This Episode: 

  • Why student loans can destroy you
  • When to use an UTMA, UGMA account for your kids
  • The risks of UTMA and UGMA accounts
  • Other ways to teach wealth and create a college fund

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