Borrow Smart, Repay Smart: Paying for College (Part 3 of 3)

Dear Borrow Smart Family,

Happy Monday! Today I wrap up Part 3 of a three-part series, that I created for you to help your children afford a college education. Saving for college is not for the faint of heart, ladies and gentlemen; But the outlined tools can help get any parent get organized with a plan in-hand in a relatively short amount of time.

Check out  Part 1 + 2 if you haven’t already:

Part 1: Ensuring as a homeowner how to integrate a home loan strategy into your college savings strategy

Part 2: what does college cost? A great online calculator that helps you reverse engineer your savings plan and keep you on track

Part 3 (in the video below), I delve into 529 plans and why they may be a good option to store money you are planning to save for your children’s college education (Please be sure to consult with your financial planner or tax advisor on this).


I wish you all the best!


About Trevor Hammond

As a veteran of the mortgage industry, Trevor Hammond is the co-author of "Borrow Smart, Retire Rich," a Certified Mortgage Adviser and a founding Faculty Member and Contributor to the National Institute of Financial Education ( And he has provided thousands of homeowners with the clarity and confidence to make smarter decisions when it comes to their mortgages and money. In 2013 he launched an entirely new kind of mortgage company: Aspire Mortgage Group, which is committed to educating and empowering homeowners to increase savings, eliminate bad debt, and safely increase net worth. The specialized group of mortgage professionals at Aspire Mortgage Group have redefined what homeowners should expect from a mortgage company. To learn more about Trevor Hammond and our team of mortgage advisors please visit our website at or email Trevor directly: Aspire Mortgage is a Sierra Pacific Mortgage Partner.
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