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Start a college savings plan and keep contributing

College can be expensive, but it may be the best investment you ever make. Although you may qualify for some financial aid and scholarships, you will most likely need some of your own money for college, too. Start as early as possible to build your savings and stack up interest.

Open a savings plan

Open an Indiana CollegeChoice 529 Savings Plan. This plan offers the best deal when it comes to college savings. All savings are tax-free when you use them for education-related expenses like tuition or books. Plus, anyone who contributes to your plan can earn an Indiana state tax credit. Read more about saving for college here.

Keep contributing

Put a portion of your earnings or gift money in your college fund. Your college education will last a lot longer than “extras” you spend money on, like eating out or movies.

Save even more

You can stack up the savings even faster by signing up for Upromise. When you link a credit card to Upromise, a percentage of your spending goes directly into your college savings plan.

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