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Saving for College Made Easy by ScholarShare College Plan
In my early thirties I probably read through about every investment book I could get my hands on. The Automatic Millionaire by David Bach and The Millionaire Next Door by Stanley and Danko are some of my favorites because they taught me that making money and having financial freedom is something that can be done – by just about anyone – with diligence and consistency. I was, and still am interested in maximizing the money earned by my family because for me, money represents freedom. Freedom to live the life you want. I’ve come to a point in my life where I don’t want the expensive designer clothes (unless I get them at a…
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Money: Save by Cutting Corners
Children have a wide range of needs. The problem that parents might face is finding the funds to pay for the needs of the entire family while also putting aside a little extra for emergencies, college and retirement. By following a few money saving tips, parents can reduce the expenses and provide a great lifestyle for the present. Buy a Used Car Buying a new car is not the best way to handle personal finances or the financial needs of a family. According to DaveRamsey.com, the average new car costs around $26,000 and the interest rate on that new car averages 9.6 percent. That means a new car will…
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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…