My neice is nine months old, and I want to give her the best education I can possibly give her. I want to send her to a private women college when she comes of age where I hear give young ladies the finest education in the nation. I am attending a state university myself. I am thinking about UPromise and Baby Mint as well to supplement her education. I want her to be more successful than her parents and even me. Thank you in advance as I appreciate your help immensely.
2006-08-06 17:43:47 · 4 answers · asked by Maria Gallercia 4 in Education & Reference ➔ Other - Education
You've gotten good suggestions for saving for her education. You can set up a Upromise account to save for her education that puts the money in a 529 account.
As far as her early education... Read to her, give her books, encourage her to read when she gets old enough. Talk to her about school, take her to museums (geared to her age group and interests). Encourage her to read about and associate with positive role models, both female and male. These days, there are female role models for anything she wants to do with her life.
Just keep in mind that she may not be interested in the sort of school that you think she should attend. Kids and parents often argue about that.
2006-08-06 18:19:11 · answer #1 · answered by pag2809 5 · 12⤊ 5⤋
It is a very nice thought of you to want to do this for your niece, but there are a few problems that you may encounter.
Many college funds/savings plans require the person setting up the account for the child be either the parent or grandparent of the child the fund is being done for.
You may also run into a problem with the IRS, because they may see this as a way for you to dodge paying taxes on part of your income. (Not saying this is what your are trying to do, but that it could be construed that way by the IRS.
I would suggest that if you want to help support your nieces education plans, that you purchase bonds for her in a way that they mature about the time that she would need them. Bonds you can get with little or no problem, and the IRS wont thing a thing of someone buying bonds.
2006-08-06 17:53:41 · answer #2 · answered by whatelks67 5 · 0⤊ 0⤋
Talk to someone about a 529 plan. You and anyone else can add whatever you want to it regularly or just once. They're a relatively new wasy to save for college. Just make sure you understand the choices of mutual funds - aggressive or not. (Make the agent explain it to you in detail). Good luck!
2006-08-06 17:48:18 · answer #3 · answered by Anonymous · 0⤊ 0⤋
i will not say i could kill my son because God does no longer ask it of me. It has already been dealt with and that i have no want to provide a blood sacrifice for my faith. i'm able to say it may be the hardest difficulty i could ever ought to do, yet i could walk faraway from each thing I surely have if Jesus were to go back and say it truly is time to bypass.
2016-11-23 13:44:09 · answer #4 · answered by parvin 4 · 0⤊ 0⤋