Googlie Posted November 10, 2022 Report Share Posted November 10, 2022 kid education savings edi better ? 529 vundi but if we do it then the kid is not eligibile for scholarships so suggest something that can be used for education or other things purposes also please suggest an investment plan where money can be used for educational purposes outside of US like india etc Quote Link to comment Share on other sites More sharing options...
phatposts Posted November 10, 2022 Report Share Posted November 10, 2022 Fe things to consider - all are very very different but research. UTMA, Custodial roth ira, small condo and rent with 15y mortgage, edo fixed term fee plan antaru konni states lo, adi naaku baaga telidu but some people swear by it. Quote Link to comment Share on other sites More sharing options...
KiKiKi Posted November 10, 2022 Report Share Posted November 10, 2022 1 hour ago, Googlie said: kid education savings edi better ? 529 vundi but if we do it then the kid is not eligibile for scholarships so suggest something that can be used for education or other things purposes also please suggest an investment plan where money can be used for educational purposes outside of US like india etc https://www.thebalancemoney.com/how-529s-affect-scholarships-and-vice-versa-4153510 529 unte scholarships ravu anedi correct point kadankunta bhayya ? can you pls check. Quote Link to comment Share on other sites More sharing options...
JackSeal Posted November 10, 2022 Report Share Posted November 10, 2022 1 minute ago, KiKiKi said: https://www.thebalancemoney.com/how-529s-affect-scholarships-and-vice-versa-4153510 529 unte scholarships ravu anedi correct point kadankunta bhayya ? can you pls check. Only need based scholarships ke not eligible if you have 529 plan … won’t impact other types of scholarships 1 Quote Link to comment Share on other sites More sharing options...
Pandubabu Posted November 10, 2022 Report Share Posted November 10, 2022 2 hours ago, Googlie said: kid education savings edi better ? 529 vundi but if we do it then the kid is not eligibile for scholarships so suggest something that can be used for education or other things purposes also please suggest an investment plan where money can be used for educational purposes outside of US like india etc 529 is the only right answer if you are saving for education . Some states give state tax deduction, if you are not in any of those states , just go with fidelity. If you are in those states go with state plan . Assuming your kids are young, invest in low cost index funds only.. don't do bonds bs. You may need to rebalance atleast once in 3 years with bonds /stocks allocation. Quote Link to comment Share on other sites More sharing options...
Vaampire Posted November 10, 2022 Report Share Posted November 10, 2022 Buy an 🍎 stock every month Quote Link to comment Share on other sites More sharing options...
perugu_vada Posted November 10, 2022 Report Share Posted November 10, 2022 Dont stress out too much about kids higher studies .. take the loan, snd let them pay .. USA lo kids ki 4-yr degree ki pay cheyatam ante comedy kadu .. well if u have money u can pay .. but dhani kosam ani financial obligation petukuni stress avatam at this age is not worth as long as, as a parent we provide them the path for their higher studies, Like getting them loan and contributing part of the loan is enough .. they can easily find job post graduation 2 Quote Link to comment Share on other sites More sharing options...
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