If you are a parent and planning on sending a child to college soon, you are going to be very happy once you read this post. That’s because there have been some very cool trends taking shape that will help you spend a lot less for a quality education. Side note: Keep in mind that […]
College Funding Solutions
If you’re not careful, you (or your kids) could graduate college with debt bigger than a mortgage. The problem of course is that it might take decades to pay this down. And when you have those kinds of debts it can restrict your freedom and career choices too. That’s because your primary concern will be to make your payments rather than pursue a rewarding career. Here’s how to approach college so you graduate with the least debt possible and have the freedom you need to build the life you really want.
One decision you and your children will make is whether or not they’ll go to college and if so, where. This is probably one of the most important decisions you will ever make but not for the reasons most people think. Studies prove that in most cases, the specific college kids attend has little impact […]
School is just getting under way in many parts of the country. If you have a child that is about to start or continue college I have some sad news. There still aren’t any good courses on money management for young adults. You’re the one who has to school your brood in the money department. […]
There are a variety of ways to save for college. One option is to use prepaid college plans . But what are they and are they a good deal? How Prepaid College Tuition Plans Work. Prepaid plans allow you to pay today for the college education your child will get some time in the future. […]
You can actually get a full tax deduction for your 529 contributions. This is completely legal and available to almost anyone. Have I got your attention? Good…..let’s get to work. Quick Primer – What Is A 529 A 529 plan allows people to sock money away to help pay for college down the line. While […]
Your 529 plan allows you to grow money tax-free to fund higher education. But what happens if you’ve funded a 529 plan and your child really won’t need the money for college? How do you get the money out of that 529? A very dear lady recently asked me this question. Louis has been contributing […]