some of the limits are a lot longer with a coverdale. custodial is also an option. but then they can use it for whatever they want when they become of age. usually 21. so what iffy decide not to go to college and use it for something else. and then of course you can also use a roth ira but that is your tax money. and again it should be earmarked for retirement. and again it is a taxable account. financial aid is the other reason people love it because it is considered a parent's asset not a student's asset. >> we rarely advocate for what we think is the best idea. i think we both agree 529s are the best idea. get one. >> for millions it is the best option out there to safe for college. >> thank you. >> sure my pleasure. >> up next on the money, a look at the news for the week ahead. and it is a strange brew. social media, a pawnshop and sneakers. but one 16-year-old says his new business is jumping big time. >>> for more on our show you can go to our website. here are the stories coming up that may impact your money this week. more earnings on the way. exxon mobile,

the combined with a ross and a coverdale. it's a pre playpen that you get this year.14 years down the road. there's no right answer is the best thing is to save. >>: reporter: i think it's done up to a pretty good start. >>: reporter: i think it's good to save for your retirement for is and then you save for college. this options they can work their way through school they can take out loans and maybe the government will have reeducation by them. <