Entertainment
David Adefeso Reveals The Best Way To Start Saving For Kids' Education
By Ron Collins
May 26, 2021 4:07 PM
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David Adefeso just revealed what is the best way to start saving for your kids’ education. Check out his message below.
‘This is the BEST way to finance higher education. A 529 plan is a powerful, tax-advantaged savings plan designed to encourage saving for future education costs. This includes 4-year college, 2-year college, trade school, apprenticeships, high school and K-12. You can also use up to $10,000 in a 529 plan to payoff existing student debt,’ David wrote.
He continued and said: ‘Sootchy is a simple, user-friendly fintech app that allows families to save money for their children’s education by opening 529 college savings plans, within minutes, right through the app. With a built-in, enhanced, gifting platform that lets family and friends contribute to children’s 529 college savings plans and maximize their benefit, it can be especially helpful in underserved communities.’
David also told fans and followers that ‘Less than 30% of Americans know what a 529 plan is, and only 13% use them because they have traditionally been difficult to set up and manage, recent studies show. Sootchy’s five-minute set up and easy-access money management tools simplify the process and make tech-enhanced financial planning more accessible.’
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David posted this as well: ‘Learn more at Sootchy.com and make sure to follow @sootchyapp on Instagram and Twitter, facebook.com/sootchyapp and linkedIn.com/company/sootchyinc.’
Fans showed their gratitude to David for offering them financial advice for such a long time.
In other news, David Adefeso is showing fans and followers who supported his Wealth Demystified show a lot of gratitude. Check out the post that he shared on his social media account.
‘Thanks, everyone for tuning into today’s #WealthDemystified show. The link is in bio in case you missed it. Wanted to share this magical picture from the backyard…if God didn’t create this, I wonder who did 🤔 Happy Sunday!’ David captioned his post.