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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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Kindergarten to College – Back to School Money Tips

Prairie Eco-Thrifter

Not many – but by planning ahead now you might find ways to lessen the expenses you will face next month and use the annual experience as a teachable moment in your child’s personal finance education. If you know you are going to want to have a tutor for your child this year, use a college tutor. using what they already have.

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Best Cash-Out Refinance Lenders of 2023

Savings Corner

If you do a cash-out refinance to pay off credit card debt or finance college tuition, you’ll be paying off unsecured debt with secured debt — a move that’s generally discouraged because of the possibility of losing your home. Potentially higher interest rate.

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Why I Don’t Use Credit Card Rewards Programs

Prairie Eco-Thrifter

An August 2013 issue of Daily Finance, in an article entitled Credit Card Debt Falling But Still Very High reported: “According to data from the Federal Reserve, as of July 2013, the average indebted household in the U.S. The hope is that you will not pay off the balance and will have to pay interest on that balance.

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What Is A Personal Loan?

Savings Corner

Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses. Common reasons include paying off debt, financing a large purchase such as a vehicle or a boat, or covering the cost of a major expense like a wedding or a home renovation.

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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. Don’t take out more cash than you need, and make sure you’re using it for a purpose that will improve your finances instead of worsening your situation.

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7 Things You Should Teach Your Kids About Money

Prairie Eco-Thrifter

Unfortunately, for as much as they’re bombarded with commercials about products, they’re not bombarded with knowledge about how to manage their finances. Although a car or college tuition may be the immediate expenses your kid is saving up for, it’s never too late to plan and prepare for a house down payment or retirement either.

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