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financial future

Date Submitted: 05/16/2003 08:37:50
Category: / Literature / English
Length: 1 pages (384 words)
Views: 177232

When having children you have to think not only of their needs today but their needs tomorrow. These needs of tomorrow include higher education. The problem with this need is that it is very expensive. In the year 2017 an education will cost $37,529 based on 5% inflation. To borrow and repay a loan in the same year based on the same inflation and a ten-year loan at 8% the cost will be $54,639. Usually with student loans the child …

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…large jug and this will collect change and small amounts of money for childhood years. When there is a profound amount it will be either invested at very low risk or put into savings. This will be enough for room and books for four years. TAP is a safe and effective investment. It is a way to make today’s money work for tomorrow. It is a way to ensure your child’s higher education.

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