You can start introducing your kids to money in many different ways. Once they reach school age, start teaching them the fundamental concepts of money, then you can move onto different ideas of credit and investing.
Saving for college is often ignored until it’s too late. There are many ways to pay for college, but putting away money over the course of your son or daughter’s childhood can be a very rewarding experience for you as a parent.
It seems that at every turn, there is something new to pay for. But the two most pressing financial matters in your life often include funding for your retirement and paying for your child’s college education.
The cost of a child's education can add up quickly. As the fall semester approaches, it's time to start thinking about available education tax credits, as they provide sizeable tax breaks since you can deduct them directly from the income tax you owe.
The idea of affording your child’s college education can be overwhelming especially if you haven’t prepared ahead of time. Proper planning coupled with time can considerably lower the financial pressure.
- Page 1 of 1