In this episode of the Cool Grandpa podcast, Jeannie Burlowski discusses how grandparents can effectively support their grandchildren's college finances. She emphasizes the importance of creative strategies for college savings, the impact of personal letters from grandparents, and the significance of career assessments in guiding students toward debt-free education. The conversation highlights practical steps grandparents can take to leave a lasting legacy and ensure their grandchildren's success in higher education.
In this conversation, Jeannie Burlowski shares insights on how grandparents can play a pivotal role in helping their grandchildren navigate the complexities of education and career planning. She discusses the importance of strengths assessments, innovative scholarship strategies, and the pitfalls of relying solely on financial aid.
Jeannie emphasizes the need for early career planning and shares success stories of students who have graduated debt-free. Additionally, she highlights the benefits of utilizing 529 plans and Roth IRAs. She introduces the FIRE movement as a pathway to financial independence.
π― What You'll Learn:
Jeannie also shares success stories from families that have used her advice to graduate with zero debtβand, in some cases, money in the bank.
Whether you're a grandparent looking to make a difference or a parent hoping to lighten the load, this episode delivers practical steps and emotional resonance.
π§‘ Highlight Quote:
"The message matters more than the money β you're saying to your grandchild: You are worth investing in." β Jeannie Burlowski
π Resources & Links: