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Giving the Gift of College Savings, Online
Buying gifts for kids is fun and easy — who doesn't love sorting through all of the cool toys and adorable books geared toward lil ones? If there's a child in your life who will be getting gifts from you often, like a niece or nephew, you may consider giving a gift that takes into account the child's future.
State-sponsored 529 plans are a great way to save for college because they are tax-deferred accounts, and only the interest earned in the account is taxed once the funds are withdrawn and put toward educational expenses.
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The Essentials for Your Financial ToolKit
So many of us are in the habit of filling up our schedule to the brim, leaving little time to focus on our finances. Kiplinger's May 2008 issue acknowledges that we don't have all the free time we'd like for attending to our money issues. Rather than go all or nothing with improving your finances, they've provided an easy to sort through "Essential Financial Toolkit" that allows you to quickly choose the topics that interest you most.
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