College Planning Strategies: Inspiring Greatness Class 101

In this enlightening episode of The Chase, hosted by Chris McAlpin, the focus is on the intricate journey of preparing for college from a biblical perspective. Chris delves deep into the importance of understanding your child's unique wiring and aspirations, emphasizing the significance of investing in their well-being over their image or popularity. He underscores the value of researching colleges, understanding the costs involved, and the importance of starting to save early.

Chris also touches upon the power of asking children about their future aspirations, encouraging them to dream big while also grounding those dreams in reality. He highlights the importance of exploring various careers, understanding the strengths and weaknesses of your child, and aligning their career choices with their innate abilities and passions. Drawing from Proverbs 22:6, Chris emphasizes the importance of training a child in the ways of the Lord and in alignment with their unique design.

Key Takeaways:

1. Research and Save Early: Understand the costs of colleges and start saving and investing early. Consider various investment avenues, including 529 plans.
2. Invest in Your Child's Aspirations: Regularly engage with your child about their dreams and aspirations. Encourage them to explore various careers and understand the paths to achieve them.
3. Seek Professional Guidance: The college preparation process can be intricate. Consider hiring professionals or seeking resources to help with college applications, SAT/ACT prep, and scholarship opportunities.
4. Spiritual and Practical Guidance: Ground your child's aspirations in biblical truths. Teach them the difference between right and wrong based on God's word and invest in their spiritual, mental, and physical well-being.

Biblical Scripture References:

• Proverbs 22:6: "Train a child in the way he should go, and when he is old he will not turn from it."

For more insightful episodes on biblical finances and financial investing, don't miss out on "The Chase" series. Dive deeper into the world of biblical finances by exploring the full playlist here.

If you have questions or need assistance, please reach out to the Sound Financial Strategy Group at Contact Sound Financial.