Paying for College With The 529 Plan

 

529 Plan
Time to save!

Who has heard of the 529 plan?

Whether you’re the parent of a newborn, or your little one is in elementary or perhaps even making their way through middle school, there is no time like the present to start saving for college.

Many may think that just a regular savings account would be sufficient to start saving for tuition and textbooks.  However, there is another investment vehicle that you can use to get rolling.  Similarly to how one can stash away funds for retirement in an IRA, those wishing to save and invest funds for college can choose the 529 plan.  Read on for more.

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Teens – How To Save Your Way to a Millionaire This Summer

compound interest
Compound interest – making your money work for you.

Ah summer, you can hear the birds chirping, the bees buzzing, fresh cut grass, and the shopping malls a callin’.  The sweet freedom of summer.  Hold up.  That last part, the shopping malls a callin’.  While your favorite retailer is probably hoping you’ll be more than ready to drop that hard earned cash this summer in their store, did you know that with a little planning, there could be an even better use for that money?  Compound interest.  Read on to find out more.

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Attention Target Shoppers – Say Hello to Cloud Island!

Cloud Island

I know before we had our little one last year, we were overwhelmed with all of the possible options for how to decorate the nursery.  Well, if you have a little one on the way, or are looking for some good ideas for your upcoming baby shower registry, starting today, Target is launching a new brand – Cloud Island.

This new brand features 3 different themes that include everything from nursery décor and bedding, to bath and layette products!  There are nearly 500 products that make up the new Cloud Island collection, meaning readers have the opportunity to mix & match patterns and accessories to create their own unique nursery theme.

Check out the below images to see more of the collection:

 

Teaching Kids About Money…

“A penny saved is a penny earned.”  Right?  Not exactly in today’s economy of low interest rates, but Jeanie Ahn over at Yahoo! Finance has some good tips to help kids get the most for your dollar.  I know we might be instituting some of these!  How do you get your kids to save? Feel free to leave comments below!