David Adefeso Teaches Fans How To Save For Their Kids' College

David Adefeso Teaches Fans How To Save For Their Kids' College
Credit: BET

David Adefeso is teaching his fans how to save for their kids' college. Check out the clip that he dropped on his social media account.

'This is the BEST way to finance higher education A 529 plan is a powerful, tax-advantaged savings plan designed to encourage saving for future education costs. This includes 4-year college, 2-year college, trade school, apprenticeships, high school and K-12. You can also use up to $10,000 in a 529 plan to payoff existing student debt. Sootchy is a simple, user-friendly fintech app that allows families to save money for their children's education by opening 529 college savings plans, within minutes, right through the app.'

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He continued and said: 'With a built-in, enhanced, gifting platform that lets family and friends contribute to children's 529 college savings plans and maximize their benefit, it can be especially helpful in underserved communities. Less than 30% of Americans know what a 529 plan is, and only 13% use them because they have traditionally been difficult to set up and manage, recent studies show.'

Someone said: 'Sootchy's five-minute set up and easy-access money management tools simplify the process and make tech-enhanced financial planning more accessible. Learn more at Sootchy.com and make sure to follow @sootchyapp on Instagram and Twitter, facebook.com/sootchyapp and linkedIn.com/company/sootchyinc,' David captioned his post.

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Someone said: 'Can’t wait to download Sootchy and start saving for my daughter’s college. College is so expensive these days😢' and a commenter posted this message: 'Thanks for the terrific lessons. Downloading Sootchy as we speak🔥🔥'

One commenter posted this: 'thank you for this!'

David Adefeso   is showing fans and followers who supported his Wealth Demystified show a lot of gratitude. Check out the post that he shared on his social media account.


'Thanks, everyone for tuning into today’s #WealthDemystified show. The link is in bio in case you missed it. Wanted to share this magical picture from the backyard...if God didn’t create this, I wonder who did 🤔 Happy Sunday!' David captioned his post.

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