Family

We have lost the ability to be penny pinchers. Afraid to be labeled a tight wad, a miser, or a scrooge, we spend our lives “keeping up with Joneses” and sacrifice our own financial security to the allure of having it all, all the time. You can not build financial security if you spend beyond
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I’ve given a huge rant on why I don’t think you should use a 529 to save for college. I’ve laid out the scenario of when you still might choose to start a 529 savings account. Now you might be wondering what steps you should take to prepare for future college expenses.  The answer is
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The 529 is a valid option for saving for college. You place money for future college expenses in a special account called a 529. These accounts were named after Section 529 of the IRS code that originally created them back in 1996 in response to the need to save for ever rising college costs.  The concept is simple.  You set money aside
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I have to just come out and say it….Do Not Open a 529 college fund for your kid! A quick “google” of 529’s will give you a plethora of sites singing the praises of the 529 college fund. The concept is really simple.  Start saving early.  Your money will grow tax free.  When you take it out to pay
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A new baby is a life changing event!  Have I stated the obvious? Your home will be one of upheaval when a new baby arrives.  Those idealic weeks of planning the nursery and imagining yourself holding a smiling baby will quickly give way to the reality of changing diapers, spitting up, sleepless nights, and a
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