Helping finance your children’s education and mission is an important part of helping your children prepare for life. Whether you can help out a lot or just a little, every little bit helps. The key is to save wisely using available investment vehicles and to save the most as you can in the most tax-efficient manner.

Your assignment is to review the investment vehicles that you can use to save for your children’s education. What are your priorities of money for education? Which vehicles should you use first and why?

Review the investment vehicles that you can use to save for your children’s missions. Which vehicles should you use first and why?

Planning now for your children's education and missions and following through on that plan should go a long way to helping make sure the resources are available when your children go to school and on missions.

If you or a child will attend BYU in the coming two years, go to go http://financialpath.byu.edu and map out your or your child's customized financial plan for college and see whether you are on track to graduate financially well-positioned for life, or whether you may be on a path to graduate with excessive debt.