The day that we found out that we were pregnant, my first thought was “How much is this going to cost me? Weddings, college tuition, etc.” Then a few days later we were told, be open minded to twins and then it really hit, 2 weddings, 2 kids going to college at the same time, etc. With all of the added costs, we are limited in what we can do financially, but college is important and the cost is only rising.

Instead of my wife and I carrying the entire burden of paying for our son’s college tuition, we have asked that our parents contribute instead of buying them Christmas gifts and Birthday gifts. And since I have been a member of USAA for the last 20 years, we are looking at the USAA college savings plan.

Talk with a financial planner and ask what they recommend for the best way to pay for your children’s college tuition. But start as soon as you can, as the cost of college is only raising.