Posts tagged Savings
Saving For Your Children Part II: Types of Savings Accounts

Before saving for your children’s future expenses other priorities should come first. Having an emergency fund (perhaps 6 months of living expenses) and saving for your own retirement (10-20% of income, depending on age, existing savings, and income) are rudimentary. Taking care of your future self financially is a part of taking care of your children.

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Saving For Your Children Part I: Organizing Your Child’s Savings to Maximize College Aid

In the last article we discussed tax planning around providing care for your kids. The next question that often arises is how do I start saving for my children’s future? Education costs continue to significantly outpace inflation and the price of college seems to have doubled since I attended just over a decade ago. But college isn’t the only expense our kids will be facing.

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