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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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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. The proceeds from your life insurance policy can be used to repay these debts, ensuring that your family is not responsible for settling them.

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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 refinancing is beneficial if you can reduce the interest rate on your primary mortgage and make good use of the funds you take out.

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

Savings Corner

Flexibility With a HELOC, you use the funds as you need them, then repay only what you borrowed (with interest). In contrast, home equity loans and personal loans offer a lump sum that has to be repaid in full (also with interest), whether you use all of the money or not. Should you get a HELOC? However, HELOCs also come with risks.

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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.

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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Both act as second mortgages, using your home as collateral, and may offer tax deductions if the funds are used for substantial repairs or upgrades. Both funding options allow you to use the funds however you see fit. Others use them to pay off high-interest credit card debt or other bills. $16

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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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