Welcome to our new educational segment called GMoney Market Insights, where we’ll be bringing you relevant topics every week to make your financial life a little easier. Today we're discussing the Half Million Dollar Baby.
Did you know that to raise just 1 child it could cost upwards of a half a million dollars by the age of 18. The biggest expenses are food, clothing, housing, and education. Where we can help is planning ahead for college with a college savings plan (529 plan).