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How We’re Using Upromise to Save for College

Family Balance Sheet

Right before the pandemic started, I opened 529 College Savings Accounts for our daughters. My oldest was in eighth grade and one of my goals for 2020 was to start saving consistently for both daughters’ college education. We want to assist them in financing their college years and we needed to make some progress.

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How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

The post How to Save Money Fast – My Top 20 Tips appeared first on Penny Pinchin' Mom. “The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates a sense of order, trains forethought, and so broadens the mind.” Start Using Cash This is a wonderful way to save money.

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Why Life Insurance Should Be Part of Every Entrepreneur’s Business Plan – Life Happens

Savings Corner

Benefits of Life Insurance for Entrepreneurs and their Families Integrating life insurance into your business plan can provide a multitude of advantages for both you and your family. It can replace your lost income, ensuring that your family can continue to pay for bills, the mortgage, groceries, college tuition and more.

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Cash-Out Refinancing: How It Works, When To Do It

Savings Corner

You can use this money for any purpose, including home remodeling , consolidating higher-interest debt , college tuition and other financial needs. You can take advantage of tax deductions: If you use the funds for home improvements, you could take advantage of the interest deduction.

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Pros And Cons Of A Home Equity Line Of Credit (HELOC)

Savings Corner

You must also itemize deductions to take advantage of this writeoff. HELOCs can be a good option if you have substantial equity in your home and you know you’ll need access to cash with some regularity over a period of time — college tuition bills over the course of several years, for example. Should you get a HELOC?

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Learn How to Protect Your Child’s College Fund

For the Mommas

Photos of teary eyed parents who scrimped and saved to send their child to college and pictures of the students who worked every summer to save for college were everywhere. Sending a child off to college is not only an emotional time for parent and student alike, it can also be a strain on the wallet and savings.

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How To Start Investing In 2023

Savings Corner

A savings account just won’t build wealth. If you’re focusing on short-term investments , those you can access within the next five years, money market accounts , high-yield savings accounts and certificates of deposit will be the most useful. Or paying for college. 6 things you can do to get started in investing 1.

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