With four children, it is extremely important for my husband and I to plan for the future. While they may be young now, we have already witnessed how fast time passes by and we know that they are going to be graduating high school before we know it. We had our first three children very close together so when they do reach high school, we are going to have three children graduate high school within a period of four years. That means the potential for three kids in college all at the same time and to be honest, that thought scares me to death. Kids are expensive to raise and with the costs of higher education on the rise, we realize that if we don't start planning now, we are going to be in big trouble in a few years.
In addition to the financial aspect of planning for our children's education, the entire college process is overwhelming in itself. I graduated from college in 2009 so I know a lot about the admission process, financial aid, etc. but prior to me starting, I was completely lost. Filling out the FAFSA was insanely confusing and once I got past that part, I had a hard time understanding the reports and explanations that followed regarding my eligibility for loans. I feel like a pro now but starting out I didn't know anything and it would have been great to have a place to go to find information to help me along the way.
If you have questions about financial planning or any of the other topics associated with getting your children ready for college, let me introduce you to the Wells Fargo Community! I have been a member of the online community for over a month now and this is a site that carries a wealth of information, even if you are not a Wells Fargo customer! You can look through the discussion boards and learn a lot from other people's questions or concerns or you can post a question of your own. I have been able to weigh in on a variety of different discussions including student loan debt, help with the FAFSA and what you can do when you are struggling to make student loan payments.
Check out the video below to see what the Wells Fargo Community can offer you!