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Avoiding College Credit Card Traps
Avoiding College Credit Card Traps Copyright 2005, http://www.yourfreecreditreportnow.com Author: James H. Dimmitt Congratulations college freshman! You’re about to embark on one of the most exciting times of your life. By now your parents,...
Paying for your Child's College Education
This is probably the most intensive short-term cash drain on any family's finances. Unlike most other big- ticket items, such as homes or automobiles, that can be paid off in monthly installments, college tuition must be paid out over a relatively...
The All-Important College Application
H.G. Wells once said, “Human history becomes more and more a race between education and catastrophe,” which emphasized the importance of continued schooling. As the fate and future not only of any great nation – but the world, is dependent on the...
The Girl in My College
Love. What is it? the sweet sayings? the kisses? the romance? or maybe, the sex? No; it is not in any of these! And mind you, it is not deceit either. Or promises made and not kept. Yes. I call it sincerity and understanding. There are girls...
What To Pack For College: Part One
The excitement of college can be overwhelming, but there is also work to be done. If you’re headed to a college far away from home, knowing what to pack for college will give you a sense of peace as you put miles between you and your parents. So...
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One Month Old Baby Begins Saving For College Blog
Taking the head of financial experts to begin saving money early, three month old Margot Butler started a blog to record her saving deeds at the age of one month in her blog Financial Baby Steps. With the help of some birth gifts from her grandparents and uncle, she finds herself in the enviable position of having a net worth exceeding $2200 at her young age.
The blog is an excellent resource for any parent with children looking for information on how to save money for college and beyond. It details what Margot is doing herself to increase her net worth and save for college as well as following developments in the news on college education savings opportunities. It also gives an inside look into the decisions that all people face when considering how to send a child to college and details how Margot makes her decisions.
The blog gets updated daily and progress
reported through Margot's uncle. "It just seemed like a much better gift to give than a baby outfit she would grow out of and never remember," he said when asked why he started the project for his niece. "Mom and dad were so busy being parents that providing a bit of seed money and trying to grow it seemed like a good gift to give. The blog seemed like a perfect way to show and encourage others to begin saving early too, and hopefully cut through a lot of the complicated options to help them save time when deciding how to save money for their kids."
Although Margot doesn't currently have a specific figure for her college saving goal, she still has plenty of time to consider it. Time being the best friend of compound interest for saving, Margot is taking advantage of as much time as she can by starting so early. It's good advice for all those who would like to pay for their kids to go to college.
About the Author
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