January, 2010

Understanding 529s

A friend asked me how he should save for his daughter’s college education. (His daughter was born in 2009, which means probably I should be asking him the personal finance questions, but whatever.) “A 529 college savings plan,” I said. 529s are great, I explained: you put in after-tax money and it grows tax-free. You can ...

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Government Aid and Borrowing Money Can’t Stop Foreclosures

Foreclosures on the rise Despite credit cards, borrowing money and government aid, many homeowners lost their homes to foreclosure. A recent survey done by the Mortgage Bankers Association showed that one in every seven home loans in the US were either past due or in foreclosure. That's the highest delinquency rate since the survey began in ...

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Save Money from Your College days

Start Right Away Saving money is an important aspect of life. The habit works best when it is picked up early. Want to make a start saving money, do it from college. This is the time when we have to take on the responsibilities and leave our childhood behind. We need to get started accepting this ...

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Trying to Find Private College Loans

College May be Out of Reach [caption id="" align="alignright" width="240" caption="Photo: flickr.com via tracy_olson"][/caption] Getting through a college education is a great experience of life. Paying for it becomes something else entirely. Since private colleges are more expensive, you will need to find extra funding for it. Your unique requirements will need a good loan. The following ...

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Big Bills Slideshow

We’re all very familiar with images on the currency that we exchange every day, featuring the faces of our forefathers and other notable public figures. However, there is other legal tender that is far less common. Some of these notes were produced in commemorative editions, while others earn their rarity as a result of the ...

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