The growth of the womanâs movement, and its impact on the consciousness of African-American women in particular, helped fuel a âblack womenâs literary renaissanceâ of the 1970s, beginning in earnest with the publication of âThe Bluest Eyeâ (1970), by Toni Morrison.
Even if you started saving every month since your childâs birth and earned an annualized average return of 7 percent, you have to put away $215 each month for college savingsâand thatâs for only one child attending a public college.
First, calculate your ideal monthly savings based on how much you already have saved, the total amount youâve estimated youâll need to purchase a home, and your preferred timeline for purchasing. For example, for a total savings goal of $20,000 with $5,000 in the bank and a plan to purchase in two years (24 months):