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How We’re Using Upromise to Save for College

Family Balance Sheet

I don’t recall why I never used the account, but I guess it just slipped my mind. Right before the pandemic started, I opened 529 College Savings Accounts for our daughters. Since March of 2020, over $1300 has been transferred into my daughters’ 529 College Savings Accounts. Use a Upromise Mastercard.

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How to Calculate Home Equity

Savings Corner

You can use your equity to renovate some rooms, pay off credit cards, cover college tuition, start your own business … or almost anything else. Before you can explore how to use this source of wealth, though, you need to know how much you have. You can find out how much your home is worth using a number of methods.

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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. Cash-out refinance example Let’s say you still owe $100,000 on your home, and it’s currently worth $400,000. That means you have $300,000 in equity.

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Is Switching from Term to Perm Right for You? – Life Happens

Savings Corner

This cash value can be used for a variety of purposes, such as borrowing against the policy or using it to pay premiums. You could borrow cash value for things like college tuition or retirement income, for example. Why Switch to Permanent Life Insurance?

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7 Things You Should Teach Your Kids About Money

Prairie Eco-Thrifter

If they ask you about money when they see you using it to pay for things like groceries, explain to them that it’s used to pay for things that the family needs like food and shelter. For example, if your kid wants a new bike, tell them to save toward a goal and that you’ll match them if they reach it. Learning What They Live.

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

Savings Corner

The proceeds from your life insurance policy can be used to repay these debts, ensuring that your family is not responsible for settling them. 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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How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

We know that saving for a rainy day isn’t just a phrase our grandparents used to throw around. Whether you are looking to save extra money for your emergency fund and potential unexpected expense, a new kitchen, or your kids’ college tuition—you name it—you will require self-discipline and a plan to reach any financial goal.