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Save for Their Future

College may seem a long way off for your children, but the sooner you start saving, the more you’ll be able to help your child fund his or her education. Consider these tips:

  • Open a savings account the day your child is born.
  • Put money away on a consistent basis, such as an automatic payroll deduction. Adjust this amount as your salary increases.
  • Save windfalls such as tax refunds and bonuses.
  • Ask other relatives to contribute in lieu of gifts.

Did you know?
Saving just $50 a month beginning at your child’s birth will yield $20,000 by age 17 (with a 7 percent return on your money).

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214 Aberdeen Drive
Valparaiso, IN 46385
Phone: (219) 464-0100

For a variety of insurance services,
visit www.maclennanandbain.com

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