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.
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.
You already know that one of the best ways you can build wealth and save for retirement is through investing. One of the most popular options through your employer can be your company’s 401(k) plan. Maybe you don’t have that option though, but still want to get on the fast track to a healthy retirement. Enter – the Roth IRA.
While many may already be investing in 401(k)’s through work, others may not have that option and still want to get investing in an IRA, be it Traditional or Roth. Certainly if you are not investing at all, then now is as good a time as any to start. You may be asking, but don’t I need thousands of dollars to start investing? Not at all. Betterment makes it extremely easy to be able to both start and accelerate investing. Read on for more.