December 01, 2021
Grandma and Grandpa keep asking me what kind of gifts I would like this year! I love getting toys, and I think I can never have enough. But this year, I have really been thinking about my future. Do you have any ideas for a gift I will never outgrow?
Asking for a gift you are never going to outgrow is a wonderful idea! What do you think about saving your family some holiday stress and possible loan payments for yourself in the future by asking for the gift of future education?
I know your parents have already opened a college savings plan account for you and are working hard to make it grow. It would be a great help to them, to you, and to your future goals if your grandparents and other relatives contributed to it as well. They can do so regularly or on special occasions and we have the perfect tool to help them do so. Tell your parents to check out the Alaska 529 GoTuition® gifting portal which is a convenient and rewarding way for family and friends to give you the gift of education for the holidays.
Even small amounts can make a big difference in the long run. Remember—every dollar saved now is one dollar you potentially won't have to borrow and pay back with interest later.
Good thinking about the future! When you work hard and prepare, both you and your dreams will take flight!
Happy Holidays from Alaska,
This material has been prepared for general and educational purposes only. This material does not provide investment, financial, legal, or tax advice. Please consult your tax or financial professional for details regarding your specific situation.