How I did it: I went to the state's website and chose a 529 plan.  They offered two different types, so I had to decide which plan was best suited for my family's needs.  I then had to choose if I wanted the money to be targeted toward an ivy-league, private, state, or community college education.  I chose a private institution, so I would be prepared in case my children want to go to a private school.  I don't want them to limit their educational goals.  But I feel Ivy league is not necessary for a good education and too over priced.

Lessons & tips: I automatically put $25 into each of their accounts every two weeks.  I don't notice the difference in my bank account and it's easy to keep funding their college savings.

Dec 31, 05:43PM PST | 0 comments | 2 cheers