Saturday, October 1, 2005

Early Savings Plans

Tomorrow is my birthday and Dayna is taking me to the Melting Pot restaurant tonight for a nice dinner for two.  I'm very much looking forward to the time alone with her.  Today was a bit stressful.  Of course, you know I'm a pretty big college football fan.  Unfortunately, A&M had to squeak by Baylor today in overtime.  It was not a pretty game and I was frustrated the majority of the time watching it, but at least we got the win in overtime 16-13.  Since this week's theme is "Children's Education", I just wanted to bring up the different types of early savings plans available for parents.  Education Savings Accounts (ESA) is the common term for these funds.  I just briefly want to mention the most common:  Coverdell, 529 Prepaid Tuition and 529 College Savings Plans.  I'll let you know how the Melting Pot goes tomorrow.

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