I’m a big believer in finding ways to save now for the future. Even though the boys are young, we’ve made the financial decision that a Florida 529 Savings Plan is the best route for us. Not only will it allow us to save at a pace that we can afford and not stress over, but it gives the boys a great headstart for later on down the road.
And did I mention that it’s tax-free? What better boost than to know that you’re getting to save and grow your hard-earned money tax-free to go towards the betterment of your child’s education?
Below are just a few of the biggest reasons that we’ve made the choice to invest in both of child’s futures, even though they have many more years before they’ll be needing to make that choice.

The Importance of Saving Early For Your Kids
The flexibility of a Florida 529 Savings Plan is the best! It gives us options that we have control over now.
Money can be used for various educational expenses
Not only does the Florida 529 Savings Plan give options for many private and public universities and colleges but it can also be used for expenses that your child may have for their K-12 learning, too!
Saving money now gives options for the future
Even though we are thinking that both our boys will be going on to college, sometimes life happens, and plans may change. But the one thing that doesn’t change is the fact that even if one or both boys don’t go to college, they can still withdraw and have the money available for other options in life.
I love that the money that we save and add is our money to use!
No matter where we go, our balance goes with us
While I have no plans of ever leaving the state of Florida, if something were to happen, the balance that we’ve saved goes right along with us.
It’s a win-win investment! I love knowing that every penny that we’re putting away is safe and secure.
The amount saved can be used for so many different things!
The other big bonus is that the money can be used for a wide variety of things. Items that it can be spent on include, but are not limited to:
- Tuition and fees
- Housing and meal plans
- Books and supplies
- Computers and equipment

Flexibility in options is a plus! When it’s your money, it’s great to have options!
And if your child ends up getting scholarships (yahoo!) or free tuition, this is where this savings plan comes into play big time! The amount saved can be used for housing, books, and more.
Small contributions really do add up
Don’t fall into that trap of thinking that small amounts of savings don’t matter. Even if you invest $100 per month, that will be over $26,000 worth of savings in 15 years!
That’s a nice chunk of change for an affordable savings plan monthly!
As you can see, these are the main reasons why we didn’t hesitate to start these savings plans for our boys. We want to do everything that we can do now so that they don’t have to stress and worry when the time comes for higher education and finances.
If you’re on the fence about starting a Florida 529 Savings Plan for your child, take the time to read about all the benefits that are available to you. You just might find that it’s a simple way to save money easily without causing any type of financial burden.
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