*This is a compensated campaign in collaboration with Momtrends. All opinions are 100% my own.     Since even before both of our sons were born, my husband and I were concerned about how we were going to save for the college educations. We value education tremendously but we are also realistic about the growing costs associated with going away to college. One of the savings options that immediately became appealing to us was the 529 college savings plan. It is a type of investment account that can be used for higher-education savings which is particularly beneficial for families.     Just about anyone can open a 529 account, including parents, grandparents, other relatives, and even friends as long as they are a United States citizen or resident alien. This is very convenient because, very often, loved ones are more than willing to contribute to saving for the education of the young people whom they care for. Giving to a 529 plan for holidays and birthdays … [Read more...]