529 college savings plan

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6

What to Do with Monetary Graduation Gifts?

K.T. asks from Atlanta

My daughter is about to graduate high school and head to college in the fall. She is receiving a considerable amount of money gifts from family and friends. I would...

14

Paying High Taxes for a Good School District, Worth It?

M.S. asks from New York

Hi all, I am wondering if I am doing the right thing for my children (I think I am but sometimes I doubt it) I live in NJ, and pay a pretty penny on property taxes t...

15

Need Help Figuring Out Where to Put 6 Yr. Olds Money

D.K. asks from Detroit

Hi ladies. My son just turned 6 this June. He recently won a settlement of $12,000. The courts say it needs to go into a restricted account until he turns 18. The...

20

Realities of Divorce and finance...ouch! How Did You Get past That?

J.B. asks from Boston

So...I met with an attorney today to discuss my situation and will be meeting with 2 more attorneys and a mediator over the next few weeks to see what they say and fi...

28

Borrowed Money Not Being Paid Back

N.B. asks from Appleton

Dh and I set up a savings account for my niece (DH is her godfather) and put it in our name. We were afraid that if DH's brother and his wife had access to the accoun...

24

Financial Aid Applications

J.S. asks from Chicago

How can we get more parents to complete the financial aid applications so that high school seniors can go to college? I am disheartened at the fact that there are so...

10

Question for Moms of 3...each Being a Year Apart in Age...

K.M. asks from Dallas

Looking for advice from moms who have had 3 children all 1 year apart in age...both moms of little ones and also moms of kids who may be grown already. 1) Do you ...

7

Investing/Saving Question

R.W. asks from Salt Lake City

I'm hoping some of you are financial gurus who know a lot about investing and can help me with a question. As of right now, we are 100% debt free (about to purchase ...

16

Can't Afford Life Insurance - What to Do?

M.T. asks from Minneapolis

Hi, we've been looking into life insurance. We decided term, about 250,000-350,000 for 30 years. We're in 40-45 year range. We decided on 30 years because we still...

54

Do Parents Pay for Masters Degrees??

L.O. asks from Detroit

My sil was telling me that they have saved enough money to pay for 3 kids to go to college and get a masters degree. We are saving for college for our kids but nev...

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Answer Highlights

  • pay for a masters degree in 3 answers "I think it is great if parents can help pay for a masters degree too, but most of ..."
  • fill out the forms in 5 answers "... a meeting at the counselor's office with the parents to fill out the forms."
  • roth ira in 2 answers "I am not sure if it is possible for a six year old to have a Roth IRA, but if it is ..."
  • apply for financial aid in 2 answers "... you, I have done all I could to encourage my daughter to apply for financial aid ..."
  • talk to a financial advisor in 2 answers "You should talk to a financial advisor."