Co-Founder of Red Feather Financial, Dr. Sabrina Scott Writes About The Rising Costs Of Higher Education And The Need To Begin Saving As Soon As Possible
Dr. Sabrina Scott explores the basics of saving for college expenses in which she acknowledges multiple factors to take into consideration and the complexity of the topic.
DECATUR, GA, October 4, 2019: Dr. Sabrina Scott, co-founder of Red Feather Financial, has posted a new article on the firm’s website entitled “ABC’s Of Planning For College Expenses,” in which Dr. Scott suggests meeting with a comprehensive financial planner for help.
Dr. Scott writes, “It’s not a figment of your imagination: The cost of a college education continues to rise, outpacing the rate of inflation, and is becoming beyond the reach of most people. That is,” she adds, “unless they have planned early on. You simply cannot start planning for a child’s higher education expenses too soon.”
“For people starting a college savings plan today,” says Dr. Scott, “questions arise as to the best way to save. For such an important and long-term goal, it pays to do some research. “She emphasizes, “An even better idea is to meet with a financial planner no matter where you are in the planning process, meaning getting an early or late start.”
According to Dr. Scott, “As with so many important decisions, there are many factors to consider when selecting a college savings plan.” She elaborates, “Individual factors must be considered such as time horizon, risk tolerance, investment preferences and tax situation. In addition, special consideration needs to be given to who will actually own the college funds since this decision is likely to impact the availability of financial aid in the future.”
The entire article can be read at https://redfeatherfinancial.com/abcs-of-planning-for-college-expenses/
About Dr. Sabrina Scott
Sabrina Scott learned about Veterans Benefits and Medicaid when her parents sought legal services for long-term care. Confident she could find ways to preserve her family’s resources and still get access to Government Assistance, Sabrina felt there should be more options than relying on welfare. As a result, Dr. Scott became an investment advisor representative who can make recommendations regarding securities and became licensed in insurance as well. She co-founded Red Feather Financial with Victoria Collier to help those who want to have a plan in place in order not to outlive their resources and who do not want to be a burden to their children.
About Victoria Collier
Victoria L. Collier, CELA founded The Estate & Asset Protection Law Firm to serve the legal needs of retiring individuals. Victoria is also Co-Founder of Red Feather Financial. At both firms WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability. We also believe that privacy and protection are the keys to personal peace. Victoria was appointed by Governor Perdue to the Georgia Council on Aging, 2010 – 2016 and was awarded Dekalb County Veteran of the Year, 2013. She is the author of 47 Secret Veterans Benefits for Seniors; Paying for Long Term Care – Financial Help for Wartime Veterans: The VA Aid & Attendance Benefit.
About Red Feather Financial
Red Feather Financial is an independent financial advisory firm born with a singular mission: to financially empower our clients and protect their financial future. Most people come to see us because they are worried about having enough money for retirement and long-term care costs. We help by showing our clients how they can leverage their assets in the most tax-efficient and cost-effective ways.