As the start of many colleges is in progress, many parents and their college-age student will be away from each other for an extended period of time, maybe for the first time. Whether this is the first time your child is off to college, or you are a veteran empty nester, it is a difficult […]
Are Child Savings Accounts the Magic Bullet?
Have you heard that having a savings account in your child’s name will increase their chances of attending college, graduating from college, having fewer student loans, and even improving reading and math scores? According to Terri Friedline’s research (The Independent Effects of Savings Accounts in Children’s Names on their Savings Outcomes in Young Adulthood), individual research […]
Smart Saving for College
Trying to save for college for yourself or your kids? Maybe you get extra cash as gifts during the holidays from a benevolent relative and want to put it to good use? Or perhaps you are the benevolent relative and want to give a child a gift that will make a bigger difference than the […]
Pomp and Financial Circumstance
Memorial Day weekend is the unofficial start of summer and the official start of area graduation ceremonies. If you have a family member graduating from high school this year, congratulations. Hopefully you aren’t breaking the bank to host a graduation party. Like other celebratory events such as kid’s birthday parties and weddings, graduation parties have […]