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How to Budget For a 529 Plan

Saving for college must be considered one of your overall goals. In establishing a budget you need to first determine your goals and then prioritize them. They should then be broken down into short- and long-term time frames with a cost attached to each. Be realistic about how much you can put aside. Look to see where you can reduce your variable (as opposed to fixed) costs to save for each of your goals.

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