Are You Using These Two Common Savings Vehicles For Your Children?
New parents and grandparents are often eager to start helping out their kids and frequently ask this question, “What is the best way to start saving for my child?” 🤔 While there is no one right or wrong answer, the type of account you choose could make a big difference! This article will break down two of the most common savings vehicles for children, 529 College Savings Plans and Custodial Savings Accounts.
Top 5 Financial Tips For Your Growing Family
Whether you currently have young children or are thinking about starting a family, you know with certainty your finances are going to be impacted. Review the top 5 tips to ensure your growing family is on the right path for financial success.
Should parents pay for their child’s college education?
Do student loans teach responsibility or foster a lifelong over-reliance on debt? Are parents who pay their kid's way through college modeling self-sufficiency or martyrdom? Does requiring a student to get a job during the academic year instill work ethic or workaholism?
College is Coming – Have You Started Saving Yet?
Americans with: ·Less than a high school education earned about $25,000 per year ·A high school education earned about $35,000 per year ·Some college earned about $40,000 per year ·A bachelor’s degree or higher earned about $62,000 per year