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What are the best tips for saving money for college?
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1. Start saving as early as possible – even small amounts add up over time.
2. Make a budget and stick to it. Set up a separate account for college savings and determine how much you can comfortably save each month.
3. Take advantage of tax programs – like a 529 college savings plan – that offer tax-free savings and earnings.
4. Research scholarships and other forms of financial aid available.
5. Cut unnecessary expenses, like eating out and shopping.
6. Consider getting a part-time job to help cover expenses.
7. Look for online discounts and take advantage of them.
8. Don’t forget to apply for grants and bursaries.