Nine Reasons to Become Debt Free – Part 6
To pay for college without adding more debt.
Many kids and adults never have the opportunity to go to college, because of heavy debt loads, even though it is a necessity in today’s world. The average American household pays $100 a month in just credit card interest alone. Just think what could happen if that same amount were invested in a stock mutual fund for several years until a child goes off to college. Not only would the child’s college tuition be paid for, but there would also be enough money left over to help with other education-related expenses like room and board or textbooks.
Your thoughts on this subject? Your comments appreciated!
Content © Rich Brott, 2011
