Yes, it’s true, anyone can save 10% or more in four year college expenses. That could easily mean more than $25,000 in your pocket. And, there is no need to complete the FAFSA financial aid form or score 800s on your SATs to garner a scholarship. This opportunity is open to everyone.

I am basking in the glory of my son Peter’s recent college graduation. As a financial planner, I am thrilled that the $60,000 per year payments have ended, and, as a parent, I am proud that he has achieved this significant milestone. As I reflect on his college experience I realize I have some wisdom to share both as a parent and as Fee-only financial planner.

Risk is a funny thing. Everyone perceives it differently. For example, I would never go bungee jumping, but I know a bungee jumper who is scared of the stock market and keeps all his money in cash.

As a fee-only financial advisor I know that the perception, understanding, and realization of risk is of the utmost importance when investing, whether for retirement or fun. It is vital to be become aware of the risks that aren’t obvious as well as to not over exaggerate the ones that are.