Ask an Advisor: With 4 Kids and an $85k Income, What's the Best Way to Start College Investing?

Group 1 - The article discusses the financial challenges faced by individuals, particularly those with limited savings and income, emphasizing the importance of financial stability before prioritizing children's education expenses [2][4][7] - It suggests that investing in passively managed index funds can be a simple way to start investing, but cautions against prioritizing college tuition over personal financial goals and retirement [4][7] - The article highlights the affordability of education, recommending community colleges and regional universities as viable options for obtaining a degree without incurring significant debt [5][6] Group 2 - The piece addresses the potential necessity of student loans for education, suggesting that a small loan for vocational training, such as a welding program, could be a reasonable investment if the child is open to learning a trade [8]