By Jeffrey J. Buonforte

College is expensive. If one or more of your children plans to pursue a higher education, it may require some planning to be ready for this expense. How are you going to afford it? One way is to set up a college financial plan. Given the current economic climate, it may be more challenging than ever for some families to afford college. Planning takes into account economic conditions and a family’s ability to save.

The earlier you start, the harder your money can work for you, and the more chance it will have to grow over time. The hardest part is getting started. But it can be easy if you begin by answering these questions: