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103. College Planning: The Importance of Starting Early

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Manage episode 360117754 series 3426630
Content provided by Dave Kozak. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dave Kozak or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of the College Knowledge Podcast, sponsored by the College Planning Network and Paradigm Financial Group, hosts Dave Kozak and Joe Kerins discuss the critical need for early college planning. They emphasize the problem of procrastination and its consequences, particularly in relation to financial aid. They explain how the financial aid system uses prior tax returns to determine expected family contributions and how planning prior to January 1st of the child's sophomore year can help avoid financial complications. They highlight the negative effects of late planning, such as inflated college costs due to capital gains and other financial decisions.
The hosts stress the long-term benefits of early planning, including eliminating overpayment for college and reducing stress and debt. They recommend starting the college planning process in 8th, 9th, or 10th grade to ensure ample time for exploration and decision-making. They encourage listeners to visit EliteCollegiatePlanning.com for more information and to schedule a free consultation to gain a comprehensive understanding of their family's college planning needs. By planning early, families can make informed choices and optimize their financial strategies for college education.

Video Version of Podcast YouTube:
The College Knowledge Podcast

Follow us on social media:
Instagram
Facebook
LinkedIn
Visit us online:
The College Knowledge Podcast Website
Elite Collegiate Planning

  continue reading

140 episodes

Artwork
iconShare
 
Manage episode 360117754 series 3426630
Content provided by Dave Kozak. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dave Kozak or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of the College Knowledge Podcast, sponsored by the College Planning Network and Paradigm Financial Group, hosts Dave Kozak and Joe Kerins discuss the critical need for early college planning. They emphasize the problem of procrastination and its consequences, particularly in relation to financial aid. They explain how the financial aid system uses prior tax returns to determine expected family contributions and how planning prior to January 1st of the child's sophomore year can help avoid financial complications. They highlight the negative effects of late planning, such as inflated college costs due to capital gains and other financial decisions.
The hosts stress the long-term benefits of early planning, including eliminating overpayment for college and reducing stress and debt. They recommend starting the college planning process in 8th, 9th, or 10th grade to ensure ample time for exploration and decision-making. They encourage listeners to visit EliteCollegiatePlanning.com for more information and to schedule a free consultation to gain a comprehensive understanding of their family's college planning needs. By planning early, families can make informed choices and optimize their financial strategies for college education.

Video Version of Podcast YouTube:
The College Knowledge Podcast

Follow us on social media:
Instagram
Facebook
LinkedIn
Visit us online:
The College Knowledge Podcast Website
Elite Collegiate Planning

  continue reading

140 episodes

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