Beware! Don’t Fall Into “The College Money Pit Trap!” | Evan Giokas – E80
- Beware! Don’t Fall Into “The College Money Pit Trap!” | Evan Giokas - E80 Jesse Cramer 1:11:34
Jesse starts this episode discussing his “50/50 rule” of college savings. Jesse also talks about 529-to-Roth conversions (why they’re overrated!), the FAFSA, and other financial tools at our disposal for college planning.
Evan Giokas then joins the show to dive deeper into a college admissions conversation. Evan is the founder of The College Confidence Coach, which helps students through their higher educational journey. Evan covers what a “conative assessment” is, how to be cost-conscious when preparing for college, how to start college conversations with your child, and the importance of showing your values to college admissions staff..
If you’re preparing a child for college, this is the episode for you!
Key Takeaways:
How to start the college conversation with your child
What is the Conative Assessment?
What is the college money pit trap?
How to be cost-conscious in college planning
How to optimize your FAFSA
The “50/50 Rule” for college saving
The pros and cons of 529–to-Roth conversions
Mentions:
🌐 Website: https://www.thecccoach.com/
👉🏼 LinkedIn: https://www.linkedin.com/in/evan-giokas-56443746/
📚 The Important Details Behind 529-to-Roth Conversions: https://bestinterest.blog/the-important-details-behind-529-to-roth-conversions/
📚 Follow the 50/50 Rule for College Saving: https://bestinterest.blog/the-50-50-rule-for-college-saving/
📚 University of the People: https://www.uopeople.edu/
More of The Best Interest:
Check out the Best Interest Blog at bestinterest.blog
Contact me at jesse@bestinterest.blog
The Best Interest Podcast is a personal podcast meant for educational and Entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.
