Archive for August, 2012

Why Should I Have A 529 College Savings Plan?

Why Should I Have A 529 College Savings Plan?

| August 6, 2012 | 1 Comment

The biggest expense any family will ever have, beside paying for a house, is paying for a college education for your children. Brace yourself because the average private college can cost $40,000 a year for tuition, books, room, and board. The cost for a state college education can run any where from $11,000 to $20,000 a year. […]

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Should You Loan Money To Your Children?

Should You Loan Money To Your Children?

| August 5, 2012 | 0 Comments

Is it a good idea to loan money to your children? We all have crossed this bridge one way or another. One day your child comes to you with a need for money. Maybe they screwed up and need money for college. Something is broken in their car or house. Because they have never saved […]

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Tax Free Weekend Can Save You Money

Tax Free Weekend Can Save You Money

| August 4, 2012 | 0 Comments

Start making your list this weekend to start saving money, it’s the yearly tax free weekend. Many states limit you to just purchases below $100. I like the states that let you purchase a computer up to a price of $1000. But most of the states limit you to just clothes and school supplies. Good […]

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My Financial Planning Adventures

My Financial Planning Adventures

| August 4, 2012 | 1 Comment

I have tried to educate myself about the different facets of my financial life. Reading the advice of many different authors. Each having their various opinions. I would get behind one school of thought to only later switch to another, not really feeling satisfied in their advice. So I thought one day I would go […]

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A Lifetime of Debt Can Negatively Effect Yourself and Family

A Lifetime of Debt Can Negatively Effect Yourself and Family

| August 3, 2012 | 1 Comment

We all know the problem with debt. It all starts simply when you buy something with that little piece of plastic. Its all so fun and innocent. Its a mindset that you need somethimg now. you don’t have time to save for it. Get it now and worry about the bill later. Maybe you don’t […]

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Why Women Need To Save More For Retirement

Why Women Need To Save More For Retirement

| August 2, 2012 | 0 Comments

In a conversation with my wife about our future financial plans the subject of longevity came up. We discussed our possible longevity and how it would effect our retirement. Our estimation of a possible life into our 90’s came up. Determining we could live so long and the statistics of women living longer had to […]

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