It’s taken me some time but I’ve finally found the program I will go through to become a CFP. One of the requirements to sit for the exam is to go through 7 courses that cover important topics (like insurance and estate planning). I attempted to take these courses online thinking it would be the most convenient option with my work schedule. Doing that made me realize I’m a hands-on person and need the atmosphere of a classroom and others around me to learn best.
So after doing my research, I decided to go through the University of Georgia CFP program. The decision makers for me were the class schedule and the length of the program. Instead of meeting every week for 3 hours like most of the programs, UGA meets every other week. Also, the program runs for 12 months as opposed to 18 as I saw with the others.
The price and quality of the staff seemed to be about the same among the programs I was looking at. UGA has an early bird special to pay the tuition in full by the beginning of February. In total the cost of the program normally is $4,950 which doesn’t include books. The early bird special drops the price to $4,350. There’s also a pay as you go program where you pay $925/class. $925/class for 7 classes is $6,475- over $2K more than if I did the early bird special! Not a good option.
For the next 3 months I’m going to save a bit more so I can take advantage of the early bird special. With my additional savings and my current stash, I should be good to go.
I pretty excited about getting into the program and taking my financial knowledge to the next level. Have you thought about going back to school? What would you study?