Potential Magazine October 2013 | Page 11

& advice trends 5 things 5 resources apps fab apps scholarships to Aid Savings Well rounded kids with great grades and high test scores aren’t guaranteed scholarships. And not all scholarships completely cover tuition and other expenses. It just makes good sense to start saving for your child’s college NOW, and we like these apps that make the process a little easier. 1 2 H&R Block’s Tax Answers This app’s education category can help you navigate the tax ins and outs of 529 college savings plans. You can even ask a specific question and get an answer within 24 hours. FREE MINT This app lets you view and track all of your financial information in one place, including any accounts specifically for college funds, and is linked to MINT’s desktop application with even more features. FREE 3 4College You can keep your eye on the prize easily with this clever app that combines information like your estimated college costs, the rate of inflation, rate of return, how much you are saving each month and more to give you a clear picture of where you are and where you need to be by graduation day. It allows you to do separate calculations for different children, and also has an expansive list with the current average costs of 2,200 colleges and universities. FREE 4 5 Big Dreamers The more prepared your student is to choose a major and stick with it, the less money you’ll need to spend, and therefore save, for their college education. This app helps teens identify their interests and skills and hone in on a possible career. It then maps out a path, including estimated costs, and a plan on how to pay for it all. FREE Campus Flock This app actually helps your student save once they get to college by alerting them to great deals on and around their campus on everything from food to school supplies to clothes. FREE www.potentialmagazine.com 11