Berhan Tsehai, Tsehainy.com
Children bring joy, smile, and a sense of hope to not only their families but friends and strangers. They are beautiful, infectious, joyful, and could also be very expensive to raise. According to babycenter.com the total expense to raise a child would run about $350,000 for a family living in the Northeast on a modest salary. This estimate could also increase if you choose to send your child to a non-state university. So it is imperative for parents to seek the available options that are out there in order to alleviate this rising cost. One very useful savings plan for future educational expenses is the 529 College Savings Plan.
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