Warmer weather is here and that means it’s time for summer vacations! Take a step back from everyday life and shake things up; even a short period of time where you can break out of your routine can really refresh and rejuvenate your mind. However, the perfect vacation is going to take some preparation – including plenty of planning and saving. Big goals take hard work – just like saving for college. Saving money for a major event, regardless if that’s adventuring abroad or pursuing higher education, can be hard; to make it easier, we’ve broken it down into 4 easy steps.
Set a Goal
If you have no long-term end goal, saving money may feel pointless and you’ll quickly become unmotivated. If you don’t have a goal, it will be almost impossible to determine if you are on track and could lead to over-spending and little savings. Just like with a vacation, the earlier you start saving for college, the easier it will be to achieve your dreams, so start saving now!
Reaching your goals may seem overwhelming, but you can take control by laying out a game plan. Start by visualizing your end goal and work backwards from there to set smaller stepping stone goals. Do the math, and map out those milestones! Then, make definitive concrete plans on how you’re going to meet each saving goal that will ultimately lead to your final objective.
Now it’s time to take action! There can be no reward without hard work. Putting away a little bit of money at every opportunity will add up to a hefty sum in no time. You could even set up an automatic draft so you never forget to save. It only takes $25 to start an NC 529 Savings Account, so what are you waiting for? Don’t forget to take full advantage of special occasions, birthdays and holidays, too – family members can contribute to your NC 529 Account as well! Keep your eye on the prize because each dollar put away is one step closer to your dream.
At long last the time has come to reap the benefits of your hard work. Whether you’ll be kicking back on a beach in Barcelona or taking control of your future through a college or university, eventually your diligence and determination will pay off.
To start making your college savings dream a reality, visit NC529.org and set up your account today.