Education Centre

The list of hard choices and sacrifices parents make for their children is endless. Send them to soccer camp or little league, enroll then in private or public school, give them a 10p.m. or midnight curfew - the list goes on and on. One thing that shouldn’t be on that list - save for college or retirement.

It might sound harsh, but parents shouldn’t sacrifice their own financial security for the sake of their children. What they should do is figure out how to save for their children’s college education and for their own retirement at the same time. The sooner they figure this out, the better.
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There are few scenarios in which having a college degree will not help you earn more income. One of the most cited contradictions is Bill Gates, but he is an exception to the rule. Unless you plan to and are capable of inventing the next technological innovation as significant and world changing as the computer, you should set your sights on a college degree. What Your Salary Can be with a College Degree

College graduates, on average, earn more than twice what high school graduates make. Also, the vast majority of jobs which are going to be most in demand during the next decade require college degrees. In the areas of healthcare and teaching, there are limited exceptions, even for people with experience. (more…)