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ECCU Can Help Parents Lower the Financial Stress of Higher Education


dreaming girl holding piggy bank

Saving for college is an important task, since we all know that higher education isn’t cheap. But even though we are reminded about how critical this step is every time we encounter the latest metrics on the cost of tuition and books, real life tends to be a stumbling block that gets in the way of our intentions. And this is more widespread than you may realize: According to a survey conducted by student loan giant Sallie Mae, only 48% of parents are saving for their child’s education. If you aren’t currently socking away future collegiate costs, take comfort.

You’re not alone.

You’re also not too late to start up a college savings plan, which is a task that a reputable financial institution like Evangelical Christian Credit Union can help you complete. Even if you have never been able to set aside a penny in the past, you can start to help mitigate the financial burden of your child’s college experience by starting to save today. Remember – every bit makes a difference, regardless of when that bit was set aside.

ECCU’s unique affinity-based banking approach offers several different money saving options for you and your child’s future educational needs. From setting up a high-yielding money market account to arranging for a percentage of your paycheck to be automatically deposited into savings, there are several ways in which ECCU can make the dream of a more cost-effective pursuit of higher learning a reality.

FB College Influencer Campaign_v1_6

And ECCU could potentially add a little momentum to your savings push. The credit union has put together a special #ECCU4school giveaway from now until June 19, where one person could receive $1,000 to use toward their child’s future collegiate needs. All a person needs to enter is an ECCU Money Market Savings account. Complete rules of the contest can be found here.

Even if you don’t win the prize, the mere act of starting up some sort of savings plan will make you a winner. This is true whether your child is in kindergarten or in high school. Even a little is infinitely better than nothing at all.

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Rich Manning is a freelance writer that has been covering Orange County’s food, wine, and lifestyle scene for ten years. He currently lives in Fountain Valley with his wife, two daughters, and two dogs.
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