When to Start Saving for College
Saving for your children’s education is a high priority for many people. With college costs continuing to rise faster than inflation, creating an education savings plan can be complex and challenging. After determining which college savings strategy fits...
Get Schooled on Taxes & Education
Some parts of this blog were updated on March 14, 2018 There’s no question about it: education is expensive. A recent survey found that a “moderate” college budget for a public school (in-state) averaged nearly $25,000 for the academic year. It’s never too...
The Growing Back-To-School Spending Report: By The Numbers
KEY POINTS Every year the cost of education goes up, from back-to-school supplies to extracurricular activities. Parents spend an average of $672 each year per child and the most on new clothes and electronics. Maximize back-to-school savings by shopping at...
7 Ways To Save On Back-To-School Expenses
KEY POINTS Back to school can cost families of 5 upward of $3,000 for supplies and extracurricular activities. Recycle school supplies from last year, buy new supplies during off season sales, and plan year round. Set a sports budget and gauge what you can...
3 Things You Didn’t Know About 529 College Savings Plans
KEY POINTS Why the 529 plan is the gold standard for college savings. You can always change the beneficiary on the account in case your kids don’t need the funds. Pay for books, computers, and other fees – all from the 529 too. College is...
Last Minute Money Lessons For Your College-Bound Kid
KEY POINTS Start teaching your kid about money and credit way before college. Help your teenager find and use a money-tracking app they actually like. Make sure you share a payment platform in case of emergencies. So it’s almost time to send your kid off to...
Financial Advisors Answer Your Top 5 Questions About Student Loans & College
KEY POINTS Save every month for your kid’s college tuition. Decide if a 529, IRA, or Roth IRA is the best vehicle for you. Always consider the consequences of putting college savings before retirement savings. We’ve all watched in dismay as the price...
6 Ways To Deal With Student Loan Debt
KEY POINTS 40 million Americans face education-related debt – so you’re not alone. Consider refinancing your student loans, changing up your payment cycle, or automating your payments. If you’re eligible, take a serious look at loan...
