• About
  • Style
    • Shop My Instagram
    • Madewell New Arrivals
    • J. Crew Fall Favorites
    • Abercrombie Sale
    • H&M Fall Picks
    • The Coziest Sherpa Jackets for Fall + Winter
    • Kids’ Sherpa
    • Beauty
      • Current Makeup Routine
  • Littles
    • Holiday Pajamas 2020
    • Playroom Decor
    • Girls’ Room Decor
    • Pregnancy
  • Home
    • Home Decor Favorites
    • Shop Home
  • Travel
    • Columbus City Guide
  • girl about Ohio
    • Local Columbus Blogs

girl about columbus

a Columbus-based Lifestyle, Home, and Parenting Blog by Amanda Hamman

Littles · October 5, 2020

One Simple Way to Start Saving for College

Thank you to Ohio’s 529 for sponsoring this post. As always, all thoughts & opinions are my own.

Hey, moms (and a few dad readers out there, too), there seems like there is so much to juggle and keep track of right now, don’t you agree?

I honestly feel like time has stood still over the past few months, but, gosh, in some ways, it feels like it is going even more quickly. My girls are getting so much bigger every second! In fact, Ava will be in Kindergarten next year… how?!! I can see how time can fly once the kiddos start school and then all of the sudden, college savings becomes a seriously immediate concern.

https://www.collegeadvantage.com/?utm_source=influencer&utm_medium=gac&utm_campaign=BTSBecause I’m a planner and care immensely about my girls’ college educations, I’ve teamed up with Ohio’s 529 today to share the good word about the college savings options available in our great state. 🙂

Before I learned about Ohio’s 529 plan, I honestly wasn’t sure our options for saving for college. And I obviously don’t know what my girls will want to study or where they’ll go to school (they’re 2 and 4), but I have learned that opening a 529 helps to get them on the path forward as early as possible.

A 529 plan is a college savings plan that offers tax benefits.

Some quick facts about 529 plans: 529 plans aren’t just for 4-year programs (someone pursuing cosmetology could apply 529 funds to school expenses). Also, it’s great to know that Ohio’s 529 plan can be used nationwide. Plus, 529 plan withdrawals are tax free when used for higher education expenses.

If you’re not sure where to start, even small 529 plan deposits can grow through the power of compound interests, tax-free earning, and tax-free withdrawals for qualified higher education expenses. I personally am a fan of automatic contributions, so we don’t ever see that money in our account. We also plan to redirect our daycare costs to college savings, once our girls are in school.

I LOVE the tools that Ohio’s 529 has on their website – they are SO helpful in the planning process. They have a College Savings Planner that allows you to see how much you should be saving for each child. You simply input your college funding goals, examine your total projected costs, and estimate the monthly amount needed to meet your objective.

Ohio’s 529 also offers a Cost of Waiting Tool. This tool allows you to take a look at how much more you’ll need to save if you wait longer to start saving.

Ohio’s 529 has tons of information about saving for college and saving, in general. I love the idea of directing family members that want to provide gifts for your children to the 529 savings plan. Ohio’s 529 has a straightforward system where anyone that wants to contribute to the plan can do so just by logging into the account.

Share this:

  • Twitter
  • Facebook
  • Pinterest
  • Tumblr

Posted In: Littles · Tagged: savings

You’ll Also Love

10 Responsible Things to Do With Your Tax Return
girls-playroomHow to Save Money for College
currentc-mobile-pay-appMy New Favorite App: CurrentC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recipe Rating




Next Post >

How to Make a Boo Basket for Halloween

WELCOME!

WELCOME!

Hi! I'm so happy you're here!

Archives

Categories

Reader Favorites

  • 2020 Drivable Ohio Holiday Lights Trail
  • 10 Things to Do in Marietta, Ohio
  • Baby Essentials: The First 2 Weeks Baby Essentials: The First Two Weeks
  • View girlaboutcolumbus’s profile on Facebook
  • View girlaboutcbus’s profile on Twitter
  • View amandamhamman’s profile on Instagram
  • View amandahamman’s profile on Pinterest
  • View girlaboutcolumbus’s profile on YouTube

Trending Now

  • 2020 Drivable Ohio Holiday Lights Trail
  • 10 Things to Do in Marietta, Ohio
  • 10 Things to Do on Anna Maria Island 10 Things to Do on Anna Maria Island
  • wine-tasting-girls-trip-ohio Our Weekend Trip to Wine Country in Ohio

Latest on Instagram

What'd you say, Mom?! Today is Pint Day?!! 🍦Yip What'd you say, Mom?! Today is Pint Day?!! 🍦Yippee! 🥰🤍 Today, to celebrate @hudsonville_ic 3rd Annual Pint Day, we had ice cream for breakfast... well, we had a little bit of waffles, too! ✨ Today is special because Hudsonville is giving away 25,000 FREE PINTS!!! 😍 Head over to my stories to learn how you can snag one before they run out & for more of our ice cream breakfast! #ad #HudsonvilleIceCream #PintDay #IceCreamforBreakfast
Happy Saturday!!! 🤍 I’ve been meaning to deep Happy Saturday!!! 🤍 I’ve been meaning to deep clean the girls’ rooms forever & it finally happened! Only took me 2 full hours! 🙈 It’s amazing how many little toys, pieces of paper, & little trinkets can be stashed in the most random places! 🤪 #girlsroom #toddlermom
Ellie’s face says it all! 🥰❄️ This was ri Ellie’s face says it all! 🥰❄️ This was right before Nic said, “C’mon, be the fun mom and go with them” 💁🏻‍♀️ welllllll following one swift push,
the girls & I found ourselves sliding literally ONTO our neighbor’s back porch, running into their back door 😆🙈🙃 the girls thought it was hilarious sooo maybe I was the fun one for a change... and I’ll have the bruise to show for it! 🙋🏻‍♀️ #snowday
Happy February 1st!!! 💘 What better way to cele Happy February 1st!!! 💘 What better way to celebrate this month of LOVE than with a festive Valentine’s Day brunch for the littles!! ✨ Some friends & I have teamed up to share some fun inspo for you: 

@ashleymariesavage 
@mrscofieldandco
@myfourwonders
@kristensellentin
@amandamhamman

Be sure to check out our feeds + follow along in our stories for more of the fun! 😊
Winter is so much prettier with snow. ❄️🤍 Winter is so much prettier with snow. ❄️🤍
Our Valentine’s book shelfie is up! 🤍 Trying Our Valentine’s book shelfie is up! 🤍 Trying to get in the spirit over here to help brighten our days! ✨ Thank goodness for forts, magna tiles, Barbies, books, & Gabby’s Dollhouse these last couple of weeks! They’ve helped to get us through ❤️ #valentines #valentinesdecor #bookshelfie
Ava’s 5th Birthday party was last weekend, right Ava’s 5th Birthday party was last weekend, right before we all got sick! 🦄 I’m sharing more photos, details, + sources on the blog today, plus, more of the party in stories today! ✨🤍 #unicornparty #5thbirthday #birthdaydecor
Load More... Follow on Instagram

Copyright © 2021 girl about columbus · Theme by 17th Avenue