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 [...]
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.
