Check Out the Sallie Mae High Yield Savings Account
We’re all trying to save for college. But aside from your typical 529 plan, hopefully you’re counting on your traditional cash savings to help out. The only problem is right now it’s probably earning close to 0% at the bank.
That’s why you should check out the Sallie Mae High Yield Savings account. It’s currently paying 1.4%. You can also get a certificate of deposit at up to 3%.
And if you use Upromise, you can get a bonus automatically deposited into your Sallie Mae account.
if i look at the value (current prices on the internet for gold coins) i have around $200,000 value of coins. I want to maintain this asset account hopefully to cover the cost of my sons college education. My wife’s advice from family members has been to sell the gold and invest in some other investment that will provide security and consistent value of the gold to provide the expenses of college education for my son who is now 14 years old and doing very well as he soon enters high school. My tendency is to not to sell the gold without a very firm belief that investing the gold value in some other assest will be safe. Sorry, I can’t believe it. So, what do you think?