How can you prepare now for your child's future college education?

It is difficult to start thinking about your child's future college education, especially if she hasn't even started kindergarten. It is even more difficult to start saving money now to help pay for future college costs.

But even if you started saving only a few dollars each week or month now, this can grow into a decent college fund by the time your child graduates from high school. You are making an investment for your child's future. Hopefully, the more money you save now will mean less money you'll need to borrow later on.

It's true that college tuition costs go up every year. But as a parent, you most likely won't be paying for the entire amount of what college costs. There is financial aid, such as grants, scholarships and federal loans that can help pay for college. These financial aid programs, along with the money you have been saving can make college affordable for everyone.

More help on preparing for the future:

• Get important tips on saving for college.
• Learn about tax-free savings programs, called 529 Plans, that might be wise investments for you and your child's future education.