For many, no day is complete without a trip to the neighborhood coffee shop. Many of us have been known to enjoy our triple nonfat caramel lattes, double espressos or half caffeinated mochas – whether we are shuttling our kids from school to the little league game, congregating with other parents to organize PTA functions [...]
If you’ve found that talking about family finances with your spouse is difficult or completely uncomfortable, we have some suggestions that can help.
Before doing anything, think about whether or not you and your spouse are on the same page in regards to how to budget money. Each of you is an individual, especially when it [...]
An emergency can happen at any time. A special fund that you create for an unforeseen circumstance like an unexpected job loss or illness will see your family through it – all the while preventing unnecessary debt and the associated finance charges that could be very easy to accumulate.
How Much Is Enough?
The answer depends on [...]
We’ve all walked away from the holidays with useless items in tow. Remember the teddy bear tie that Aunt Mary thought was just too cute?
It’s our kids that get this the most. Let’s not forget the sheer overwhelm that comes from opening all those presents — many of which get used once and then tossed aside. [...]
As parents, most of our time is spent managing our day-to-day lives. While making sure our kids master life’s lessons, it’s easy to put saving for college on the back burner. Experts say we should start early and balance our efforts between saving for retirement and college. It’s a juggling act, but a necessary feat [...]
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If you are a parent to be, you’ve probably been undergoing a flurry of planning activities, from decorating the nursery to researching baby names. College savings is probably not high on the priority list. Yet, considering the impact of tax-free compound growth over time, it should be. Taking the college savings plunge in the early [...]
After analyzing over 5,000 investment options available through 529 plans, we can conclusively say that 529 plans are not created equal.
Two-thirds of affluent parents with children under 18 aren’t using Section 529 college savings plans, according to a recent report. Most industry executives and financial advisers are startled by the report’s findings. Especially since most consider a 529 to be a no-brainer for the well-to-do.
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