The most important thing you will do is to act on your plan. While the earlier steps are certainly necessary, if you don't actually act now, you will have gained nothing, and delays can have a serious impact on your ability to save enough to help pay for your children's education.

Through the previous steps, you should have been able to develop a basic college education savings plan. You should now know how much you are going to save, and in what type of plan you are going to save. If you used the Internet resources that we suggested, then you also know who has the type of plan that you are interested in. Whether you need to submit an application via the Internet or via mail, or if you need to telephone someone, the time to act is now.

Due to the large amounts involved, funding a college education is a very important undertaking, and delays can have serious consequences in achieving your goals. Waiting just one month to begin saving can cost you hundreds of dollars in accrued interest. Make sure that you get started immediately.

Step 8 - Get Help If You Need It