Who are we kidding, saving money? With the weak economy, unemployment on the rise, the cost of food, utilities, and gas out of control,who can afford to save money these days? Many of us are feeling the squeeze. So a lot of parents are putting that college savings plan on the back burner! My daughter Chloe will be entering college in 3 years, YIKES! Well, there is a college savings plan called the 529 plan that could be a way for parents to start that college fund. Especially if your kids are still young.