How to get started saving for your child’s education.

For most of us, being able to pay for our child’s education is a dream. It’s not always possible, but we can only try our hardest to provide for them as young adults.

If you have ever considered starting a savings plan for college, you should check out Gerber Life Insurance Company. They have been helping families for over 50 years now, so you know they must be doing something right.

The Gerber Life College Plan

  • Save a fixed amount of money each month for a set length of time.
  • Guaranteed to not lose value.
  • Flexibility to use the money for anything, even if they decide not to go to college.
  • You are guaranteed to get back at least as much or more than you put in.
  • Save for college with an adult life insurance benefit.

Here’s a handy little chart that shows you the differences in savings plans for college.

Just click on it to enlarge, for easier reading.

Right now, you can head over to the Gerber Life Insurance Company Facebook page for your chance to win $1,000 by simply uploading your baby’s photo to the Project Open Book picture mosaic!

Gerber Life will donate $1 for every photo, up to $10,000 to Reading Is Fundamental to help spread the love of reading. There is less then a week left to enter, so hurry!

Thanks to Gerber Life, one reader will win a $25 Snap Fish Gift Certificate. Enter to win below!


a Rafflecopter giveaway

 

I received a gift card in exchange for this post. No other compensation was received and all opinions are my own.

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Comments

  1. Rachel says:

    Not only have we considered them, we have savings plans for both kids-any monetary gifts they receive go directly into their accounts, plus they get a contribution from each paycheck

  2. Jen says:

    I have a college savings plan set up for my oldest already, and I hope to start one for my baby girl soon.
    Jen recent post: Getting Started On Pinterest ~ A How To

  3. monique says:

    I’ve considered a savings plan, but it hasn’t gotten much further. Thanks for the reminder and the option with Gerber.

  4. Melissa says:

    I really need to, I think about it every time I see the commercials!

  5. We have a savings plan in place for both of our girls! It’s never too early to start!
    Carrie with Children recent post: Scrubbing Bubbles: What’s Your Cleaning Style?

  6. Cori says:

    Can I get it for my college education now??

    The answer would be no, but only because I don’t have kids!
    Cori recent post: I’m Drowning

  7. Alissa says:

    We’ve started saving for both kids. Not a ton yet, but every little bit helps!
    Alissa recent post: Big Miracle: Exploring the History Behind the Movie with Articles & Activities

  8. Ann F says:

    Yes, we have been contributing monthly to a 529 plan ever since my daughter was born.

    abfantom at yahoo dot com

  9. Ann F says:

    Google+ id: abfantom fantom

  10. Sarah L says:

    No kids. I save for myself.
    Thanks for the contest.

  11. Sarah L says:

    rafflecopter link to your Google+ doesn’t work. I did it with link at top of page.
    Google +: Sarah L

  12. Judy R... says:

    We started savings plans for our children when they were born. Our daughter recently used her savings plan to pay for her wedding.

  13. Shelly Peterson says:

    I would love to have a savings plan for my children but there’s just not enough money to do so

    cshell090869@aol.com

  14. Crystal F says:

    My inlaws have an account for both of my girls. Thank you!!

  15. T. Lawson says:

    I have savings plans for both my kids.

  16. mickeyfan says:

    Too late for my kids, but I did start a 529 plan for my new granddaughter.

  17. Frank C says:

    Of course but I’m broke

  18. sarah u says:

    no, i do not have children

  19. Wendy says:

    Considered it many times over the years… coulda shoulda woulda!!

  20. Denise S says:

    Not really because I’m still struggling just to save in general.

  21. Janna Johnson says:

    no kids yet!

  22. Monique Rizzo says:

    I have thought of one…but havent started.
    Thanks for the chance.
    mogrill12@gmail.com

  23. Jessica says:

    We haven’t really thought about a savings plan for our daughter yet

  24. Kristy thiel says:

    We’ve just started saving for our daughter!

  25. Emmy Coffee says:

    Not a formal plan, but when the Gabs was just a few months old we opened up a saving account for her. I suppose we also have UPromise…though I’m not sure that is still around! I really ought to check…
    Emmy Coffee recent post: Thirty-One Gifts

  26. Jessica B says:

    I would love to start a saving plan for my kids!

  27. Daniel M says:

    nope, we’re broke

  28. Allison says:

    We have started a savings plan.

  29. Erica C. says:

    I have a regular savings account, but I’ve thought about getting something better.

  30. Desiree Dunbar says:

    havent started saving yet

  31. Michelle W says:

    I don’t have kids but it would be something I would think about if I did

  32. Debra F says:

    I have considered, but we haven’t had any extra money yet

  33. Vee says:

    Definitely. It’s something that’s a really high priority for us.

  34. Jill says:

    We keep trying to get something going for them.

  35. Gina P says:

    yes for future children

  36. Annette D says:

    I did use a college savings plan for my sons. I live in Texas and we had the Texas Tomorrow Fund, a prepaid college tuition plan. It was wonderful! My oldest son just graduated from college last May and my youngest just started college this Fall. It is such a relief knowing that his tuition is paid for!

  37. Melanie D says:

    not yet, we are still ttc!

  38. amy deeter says:

    yes i have considered it
    amy16323(at)gmail(dot)com

  39. Amy DeLong says:

    yes and they have one
    ardelong2(at)gmail(dot)com

  40. Tara says:

    That is something we still need to set up.

  41. Michaela R says:

    I have and they have one already!

  42. Rosey says:

    Yes! Our two oldest have the 2+2 program (four years of college paid in full) via the Florida Prepaid College Savings plan.

  43. Meg says:

    Dear Hanan,

    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

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