With baby #3 on her way, the rising cost of education is really starting to sink in. We will have THREE children to help out when it comes time for college, and two of them will be going awfully close together. Oh boy. It’s definitely time to start thinking about we want to help, how much financially we want to help them, and to start researching our options.
The Gerber Life College Plan is definitely an option – not only is it a college savings plan, but it’s also life insurance. From their website:
- The only college plan that’s also adult life insurance
- Affordable, fixed payments (that will fit your budget)
- Stable growth that never loses value
- Guaranteed payout of $10,000 to $150,000
- Flexibility to use the money for anything, even expenses not related to college
And another good point to make? If your child doesn’t go to college, they can use the money saved for something else – house, a new car, starting a business, etc.
It’s an option, and one of many, but so far it’s sounding like a great one!
Head over to the Gerber Life Insurance Company Facebook now for your chance to contribute your baby’s photos to the Project Open Book picture mosaic! Gerber Life will be donating $10,000 to Reading Is Fundamental (RIF) to help spread the love of reading.
{ 9 comments… read them below or add one }
Yep, college funds are set up for both.
my kids are grown now but we are starting a plan for our grandson through our credit union ( i also shared your low entry giveaways on my fb page :) )
krista lafave (couponfreestuff)´s last [type] ..tilex coupon 2.00 off
I need to get a fund started for my daughter.
We have started planning- by first paying off all of our consumer debt.
Whitney at It’s Gravy, Baby!´s last [type] ..Letter A a – Preschool at Home
Absolutely – many years ago!
Yes — we started when they were babies.
Education has always been important to me and I want to provide my kids the best education possible so Gerber has definitely been the best choice to get me closer to my goal, one day.
I’ve emailed you back. :) Thanx I’m so excited! I love snapfish!
Dear Mandi,
On behalf of Reading Is Fundamental (RIF), thank you for supporting Project Open Book. All the money raised through our partnership with Gerber Life helps us provide new books to the kids who need them most. In low-income neighborhoods in the U.S., there’s only one book for every 300 children. For many RIF kids, their RIF book is their only book.
Learn more about RIF and our efforts through our newsletter, Facebook and Twitter.
http://bit.ly/RIFeNews
http://www.facebook.com/ReadingIsFundamental
https://twitter.com/#!/rifweb