You don’t have children of your own, but you’d like to help your friends’ kids pay for college. Here’s what you need to know about gifting a 529 account. This is what individual experts have to say generally about an issue that affects each person differently—if you want personalized advice you should see a financial
Sarah and I welcomed our first child into the world in 2005, not too long before the launch of The Simple Dollar. Since then, we’ve been on this shared journey called “parenting,” and as our firstborn has grown older and we’ve added two more children to the mix, the challenges have grown and changed. In
How do you plan to fund your children’s education? You’re probably counting on scholarships and grants, right? Reliance on scholarships and grants is the highest in a decade, while college savings is on the decline, according to a new report from Sallie Mae. Savings covers less than one-quarter of collegiate funding for the typical family.
When a loved ones get older, their physical health isn’t the only thing at risk of deteriorating. If their mental health declines, they may have trouble managing their money on a day-to-day basis, and could even become vulnerable to scams or identity theft. Here are five steps for managing elderly finances you can start taking now
Everyone dreams of that first day of college. The friends you will meet, the experiences you’ll be exposed to, the school spirit you’ll develop. But paying for that dream can be a nightmare if you don’t have a surefire plan. However, you can avert all that if you save from early on. A college education
Summertime brings new challenges to stretch your family’s budget. Expenses like buying groceries, paying for air conditioning costs, and saving cash to take a vacation can take a negative toll on your household’s bottom line. Rather than barely get by, you can enjoy your summer break by using these four smart and simple strategies to