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Factors That Affect Your College Investment Choices

by Financial Design Studio, Inc. / August 20, 2018

fee only financial advisor deer park barrington college investment

Factors That Affect Your College Investment Choices

How do you respond to the different factors that affect your college investment choices. In addition to choosing the right investments so your funds grow, there are a couple of other things to consider. Timing and fees are two other factors that can affect the overall benefit you receive from saving toward college investment. Let’s discuss these two in more detail!

Timing: Get Started Early

One of the biggest factors that will affect how much investments can grow your funds saved is the time you allow it to grow.  The longer the funds have to grow the higher the likelihood you can really benefit from investing. People often think it’s insignificant to save an amount like $25 per month into an account to get an account started.  But consider that each year you would be adding $300, plus any growth you’re receiving. Don’t discount the value time can provide and get started as soon as you are able.

Fees: The Cost to Invest

Not only do we want our investments to grow but we also want to keep as much of those funds as possible.  So an important consideration is to review the funds for having an account and also for having the funds you choose.  There are accounts available where the fees are very minimal so you keep a large portion of those funds you’re saving.

These two considerations should be thought about in addition to our previous post talking about choosing the right investment options.


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Financial Design Studio, Inc.

We are financial advisors in Deer Park and Barrington, IL. A team with a passion for helping others design a path to financial success — whatever success means for you. Each of our unique insights fit together to create broad expertise, complete roadmaps, and creative solutions. We have seen the power of having a financial plan, and adjusting that plan to life. The result? Freedom from worrying about the future so you can enjoy today.