Are you a parent trying to figure out how you’ll pay for your kid’s college some day? Having your parents set up their own 529 plan for your child is a win-win. Your child will get the benefit of having some of their education expenses covered, and your parents can retain control of their investment while enjoying tax benefits. And YOU will know what to ask for in lieu of more clothes and toys your kid won’t use!
Building wealth means saving more than you earn. Get started boosting your savings today.
Your rate of return means nothing if you have no savings. Too often we get caught up trying to find the right investment, thinking that “the one” will make us wealthy. Forget the nonsense. Focus on the rate you control: the amount that you’re saving.Read More
Looking to Outsource?
Sometimes life is too busy and you don’t want to do it all yourself. Over the years, many people have asked me to connect them with the “good guys” in the financial services industry. Below are people and companies that I’ve personally vetted (often meeting them in person). Know that they are paid advertisers on the site but that I routinely recommend them to friends and colleagues and would do so even if they weren’t advertisers.
Earnest combines technology with financial backing from Navient to offer better customer service and good rates.
Student Loan Planner
Many readers have already used Student Loan Planner to help them figure out the optimal repayment strategy for their student loans.
Looking for an insurance agent that won't try to talk you into buying whole life? Pradeep is no frills and no pressure.
Latest posts in Savings
Planning to pay for college (or private school) one day? A 529 savings plan isn’t your only option, but this list of pros and cons can help you decide if it makes sense for your family.
From comedies to dramas, this list of fantastic legal movies is sure to keep you entertained for less than $10.
Are you a student or corporate employee? Check out the services below and see how you could save as much as 18% off your phone bill each month.
Here’s how to set up a system to make sure you’re not leaving money on the table.
Housing costs are likely your single biggest expense. Spend the time learning how to negotiate a lower rent and save thousands over your lifetime.
Checking your savings rate every so often is a good way to make sure you are still on track with your goals. Here is a step-by-step process to calculate your savings rate.
Moving is always a stressful time, no matter the reason. Here are some things I would keep in mind during my next apartment hunt.
Starting off with a smaller salary? Here are some great ways to still maximize your cash flow and increase your savings without compromising your standard of living.