The Daily Tip Jar

Save Early As Possible

saving early

  Open up a saving account that accrues interest and is dedicated to solely saving for your child’s future. Fidelity Investments has excellent resources to help you plan how much you would like to put aside. In the beginning, start saving slowly; as your child gets older, increase the amount. This method will help you […]

College Can Be 100% FREE

textbooks

No matter where you go to study for your undergrad degree, going to college can be an expensive undertaking. Every year prospective students are met with the same fate. The cost of getting a college education just continues to rise year after year. On average, tuition for undergraduate programs have entered the mid $30,000’s (depending […]

4 Reasons to Consider Trade School Instead of College

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College is not the only post-high school education option. Trade school is a great opportunity for many. If you’re looking for alternatives to a college education, here are a few reasons to consider going a different route.  Hands-On Education Often, a college degree will prepare someone with the knowledge they need to be successful in […]

How Much should you Be Saving for College?

college savings

College is a massive expense that many people aren’t adequately prepared for when their child graduates high school. As costs of secondary education keep rising, it’s extremely important to start consistently putting away money as early as possible. Here are some saving suggestions you should start implementing ASAP.  Set a Future Savings Goal Saving up […]

College Jobs to Look Into

Like everything else in our world, these days, college tuition is increasing as well. Housing, food, and gas are not making it any easier. The days of going to college with a side job are over. Students need to focus on school but also help with all the debt that is racking up while they […]

How to Pay for College without Scholarships

There’s no question that college costs a pretty penny. There’s a lot of pressure to apply for scholarships to help pay for it. What happens if you don’t receive any scholarship money though? How will you pay for school? Here are a few alternative options for funding your education. Grants Grants are typically rewarded by […]

Avoid these Retirement Saving Regrets

What are some of the biggest regrets retirees have surrounding their savings? Let’s take a look at a few that you’ll want to make sure you avoid. Failing to Diversify There are many ways to save money for retirement. Often times, people contribute their entire retirement savings into pre- tax savings accounts. However, it’s good […]

What To Know About A 529 Plan

Saving for college comes with a lot of choices. What type of college fund is the right choice for your situation? Or will you just use a standard savings account to keep track of your college money. One type of college fund you should be aware of is the 529 plan. There are a lot […]

Compounding Interest and your Financial Future

When you are just settling into your career, the last thing on your mind is planning for retirement. Something a little more pressing on the brain will be things like paying off your student loans, saving up for a house or new car, things that will benefit you right now and well into the future. […]

Do Public Schools Have an Edge Over Homeschool?

schooling

In the last couple years, many parents have made the switch from sending their children to public school to homeschooling. While it’s a wonderful option for some, here are a few reasons why public school maintains an edge over homeschooling. Help Foster Independence When they’re younger, school helps a child get comfortable with spending time […]

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