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Money: Saving For College
If you have at least one child I’m sure you have at least thought about what to do about saving for their education. Choosing the right option can be a daunting task. There are many factors to consider. This post is not designed to help you choose what option is best for you, but to give you a bit of information on what the options are. I want to focus on three options. The Pre-Paid Tuition Plan – This type of plan allows you to pay for tomorrow’s college costs at today’s price. Sounds great, right? Well there are some things you should know. First, your child must…
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Gifts That Makes Cents For Kids
The newest toy fad will keep the kids occupied for a few months until a newer one comes out, or they just grow tired of it. Teenagers like gift cards so they can choose their own presents. But recent studies revealed that billions of dollars in gift cards go unredeemed each year, and that the full value of the cards are never realized due to the fees charged by the issuer. Holidays may be over, but gifts are given year round and here are a few ideas that will not only instill financial responsibility, but give kids an early lesson on investing and savings. Gold There are few investments…
