Saving for College

Though still in high school, Desiree has opened a Child Savings Account with HOPE to build her college fund. She considers herself a typical teen with good study habits, but a tendency to overspend. “My parents wanted me to open the account to be more responsible with money,” says Desiree. She and her mother, Ida McIntyre, learned about Child Savings Accounts during a community rally. Ida confides she wasn’t educated about the importance of saving and maintaining good credit before she left for college. “I started swiping my credit cards and it eventually caught up with me,” said Ida. She says her daughter will not make the same financial missteps.