If the idea of student loans and college tuition prices is keeping you up at night, Wealth Planning by Bob Chitrathorn (1-951-465-6409) can help! The company now offers college planning and savings advice to Riverside families.
No matter what age your kids are, you're probably already thinking ahead to the college years. With the average price of college above a whopping $220,000*, can your family afford higher education without the burden of student loans?
Yes, it's possible! The financial services from Wealth Planning by Bob Chitrathron of Simplified Wealth Management give you detailed guidance on how to create a college savings plan, discern eligibility for merit-based scholarships, navigate the process of applying for financial aid, and much more.
Check out the service here: https://planwithbob.com
With a focus on helping your child avoid student loans and stay debt-free right from the start, Bob Chitrathorn helps you construct a road map to reduce out-of-pocket costs at your child's chosen school and maintain financial independence, regardless of income level or college tuition prices.
According to the Education Data Initiative, the average amount of student loan debt in the United States is nearly $40,000 per student per year, creating a life-long burden for many people. With the financial advisory and college planning services from Wealth Planning by Bob Chitrathorn, you and your child can put techniques in place right away to avoid the student loan trap and enjoy a better financial position after college graduation. Bob says, “Timing is critical for most college planning strategies, so it is imperative that you start your planning immediately. Any delay may end up needlessly costing you thousands of dollars on your college bill.”
The company’s financial planning and management services are tailored for families from every type of financial background, with advice for low-income and middle-income families on how to make the most out of financial aid options alongside tips for high-income families to utilize tax breaks, asset planning, gifting, tuition discounting, and funding strategies.
The financial advisory strategies on offer also include detailed information to address common questions and misperceptions you may have about college planning, such as the way in which a private college may be a less expensive option compared to a public university, common mistakes that drive up college costs, how financial aid eligibility can be increased or lost, benefits of test prep, and ways a business can be leveraged to reduce university expenses.
With help from Wealth Planning by Bob Chitrathorn, your family will create a customized college plan with realizable savings strategies alongside tips and techniques for funding any shortfalls that may arise, so student loans can be reduced or avoided altogether.
Along with college planning services, Wealth Planning by Bob Chitrathorn offers retirement advice, detailed investment strategies, risk management tips, and estate-conservation guidance.
Don't fall down the rabbit hole of student loans: reach out to Bob and get your customized college plan today!
Learn more about the services at: https://planwithbob.com
Bob Chitrathorn is a registered representative with, and securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Mariner Independent Advisor Network, LLC, a registered investment advisor. Mariner Independent Advisor Network, LLC and Simplified Wealth Management are separate entities from LPL Financial.
*Hanson, Melanie. “Average Cost of College & Tuition” EducationData.org, April 3, 2023.