There is nothing like a dream to create the future.
-Victor Hugo
A goal is dream with a deadline.
-Napolean Hill
How do you know when you're dreaming? One kind of dream is the type that comes when you're sleeping. Most of the time sleeping dreams are unrealistic fantasies. At other times, nighttime dreams can be so real you would swear that it was an actual experience.
So what about waking dreams? We all daydream. Sometimes it's simply wishful thinking, other times it's about things we would sincerely like to see happen. Part of being a parent or a grandparent is imaging a wonderful future for the youngster or youngsters in your life. We hope for them to have a happy family, a healthy life and a successful career. We can guide them in ways to have positive relationships and a healthy lifestyle. We can also make a big impact on their future by planning for their post high school education.
Somewhere along the way, our society has become so complex that having an associates or college degree can have a major effect on one's earning power. Based on 2010 census information, workers with a bachelors degree makes roughly 2 times what a high school graduate makes. Workers with an associate degree make about 50% more than a high school graduate.
In today's economy, the lower the education level, the more likely the worker is to be unemployed. The current US work force is made up of 77% professional and administrative jobs and 23% blue collar jobs. That's a dynamic change from year's past.
We hope for and dream about a successful future for our children and grand children, but there is more we can do. After all, a dream is a goal without legs. So how do we make a dream a goal? How do we give it legs? Consider starting a college savings plan for the children in your life.
With the cost of college today, any help received would be appreciated.
With the cost of college today, any help received would be appreciated.There are some options available for college savings. Some people look at a 529 plan, others consider CDs, fixed annuities or investments. With a 529 plan, the funds are locked into educational use.
The important thing to keep in mind is to go ahead and give your dreams legs; make it a goal. If you would like more information about college savings options, please contact us at Boulevard Financial. We'll help you realize your goals.
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