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3 Ways to Grow Your Account Faster
At a glance
Every contribution helps reduce future borrowing for college expenses—setting up recurring contributions, making extra contribution, and encouraging others to contribute as gifts are great ways to grow your account.
It’s back-to-school season, and for many families, that can also mean soon-to-college for their children.
Of course, starting a Invest529 account is a great first step toward preparing for your student’s college years. What can you do to further prepare? Here are a few tips you may consider to ensure your Invest529 savings are on track:
- Set up a recurring bank deposit: Reach your goals faster and put your savings on autopilot with automated monthly contributions from your checking or savings account.
- Make an extra contribution: Celebrate special occasions such as birthdays and holidays with a special deposit – or consider putting an employment bonus toward your account to give it a boost.
- Put it on the wishlist: Ask family and friends to give the gift of education by contributing to your account with a Invest529 gift certificate, gift card or online contribution.
Remember: Every dollar saved is one less borrowed, and every little bit counts. Even a small contribution today can make a big difference when back-to-school becomes off-to-college!
