David Adefeso I’ve just shown the best way to start saving for your children’s education. Check out his message below.
‘This is the best way to fund higher education. A 529 plan is a powerful, tax-privileged savings plan designed to encourage savings for future educational costs. This includes 4 year college, 2 year college, business school, apprenticeships, high school, and K-12. You can also use up to $ 10,000 on a 529 plan to pay off existing student debt, ”David wrote.
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He went on to say, “Sootchy is a simple, easy-to-use fintech app that helps families save money on their children’s education by opening 529 college savings plans directly from the app in minutes. This can be especially helpful in underserved communities with an integrated, expanded gift platform that family and friends can use to contribute to and maximize the benefits of the 529 college savings plans for children. ‘
David also told fans and followers, “Less than 30% of Americans know what a 529 plan is and only 13% use it because it has traditionally been difficult to set up and manage, recent studies show. Sootchy’s five-minute setup and easily accessible money management tools simplify the process and make tech-enhanced financial planning more accessible. ‘
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David also posted: “Learn more at Sootchy.com and follow @sootchyapp on Instagram and Twitter, facebook.com/sootchyapp and linkedIn.com/company/sootchyinc.”
Fans expressed their gratitude to David for offering them financial advice for so long.
In other news, David Adefeso shows great gratitude to fans and supporters who supported his Wealth Demystified. Check out the post he shared on his social media account.
‘Thanks to everyone who tuned in to the #WealthDemystified show today. The link is in the bio in case you missed it. Wanted to share this magical picture from the back yard … if God didn’t create this I wonder who did it 🤔 Happy Sunday! ‘ David has subtitled his post.