Five 529 Plan Myths

A 529 savings plan is a tax-smart way to save for your child or grandchild's college education.  You can be ahead of the game by avoiding these five 529 Plan myths that could be costly. Myth 1:  I must use the 529 Plan offered by my state of

College Financial Aid Myths

College financial aid myths persist and they can be a big danger to your financial health.  If you don't understand how the college funding system works, you're likely short-changing yourself now and in the future. Most people right now are

7 Investment Ideas for College Students and Parents

College is expensive but you shouldn't neglect building your future nest egg and having a solid financial foundation under you.  Financial freedom begins early but it's never too late for students or their parents.  Here are 7 investment ideas for

Watch Out for Grandparent-Owned 529 Plans

Unlike medicines and pesticides, financial products do not come with warning labels. But they should.  Grandparents and other relatives interested in helping pay for college may actually do more harm unless you follow this advice. Help from

Paying the Bill for Private School

As daunting as the ‘paying for college’ conversation is with many of my clients, sometimes we have to talk about how do you best handle paying the bill for school before college? Paying the bill for a private school can be a challenge and can

Playing with Fire: Financial Advisors Need Help with College Planning

Are you playing with fire when it comes to college planning? You just might be.  I have a good friend of mine whose signature mock saying is "drive fast, take chances, live dangerously." Well, most people do and would just laugh at that.  "No way,"

Top 7 Myths About College Financial Aid

  If you’re the parent or grandparent of a college bound high school student, you may be overlooking substantial financial assistance and tax opportunities and not even know it.  Why? Too often parents become victims of the top 7 myths about college

Your Student Loans and the Government Shutdown

  This whole government shutdown mess is one of those on-going teachable moments my wife and I are so familiar with when dealing with two occasionally crying toddler boys.  As I like to say to my four- and two-year old toddlers when they do something

Colleges Want You: Be Prepared

This isn’t just a mantra to boost your student’s self-esteem.  This is the reality behind much in the way of college admissions. Colleges will pay for those students it wants. BUT for students to qualify for merit-based scholarships and grants –