Hi, there. I want to start saving money for my younger sibling so they can go to college easier.
I have financial aid and managed to get a scholarship to pay for a good amount.
I don’t spend a lot of money. So I can put some aside every month for the next 5 years. Wouldn’t the rates be pretty good to put money into?
Any reasons why I shouldn’t be trying this? Should I save for myself or something? The potential earnings seem like a better idea.
You could do half for you and half for the 529. I wouldn’t solely do the 529, you never know what the future holds.