The Omaha financial guru’s annual shareholders letter is always one of the most anticipated reads by investment pros and financial pundits because of the insights it offers into Buffett’s stock picking strategies. But it’s also full of straightforward, sometimes folksy advice that would strike a chord with younger investors who are just learning the ways of Wall Street.
The state-sponsored plans known as 529s, such as Learning Quest in Kansas and Most in Missouri, have been a popular choice for funding college education since Congress approved them in 1996. But timing and tax planning issues can complicate the plans’ savings equation.
The founder of Financial Peace University teams up with daughter Rachel Cruze on a new book aimed at helping children. “Smart Money, Smart Kids: Raising the Next Generation to Win With Money” goes on sale April 22.
Car experts offer several tips to help young drivers confront repair issues now or down the road, such as keeping good car maintenance records.
OptOutPrescreen.com, a website operated by four of the major credit reporting agencies, gives you a five-year or permanent break from many unsolicited credit card pitches.
MoneyStream and Finovera recently introduced free programs to help you and your high school or college kids make better decisions about budgeting, spending, saving and paying bills on time.
With about $360 in gift cards already lying around the average household, CardHub estimates, why waste more money, not to mention someone’s generous but not quite perfect gift idea?
Nearly five years after Congress passed the legislation, there is fresh evidence that the regulations have accomplished their goals.
A new book provides a detailed reference for parents and students seeking financial assistance to pay for college.
American Honors is an innovative, two-year-old program that promises to open the doors for top graduates of community colleges to transfer with a minimum of bumps into traditional four-year public and private schools.
Promising to boost your kids’ financial IQ may not be your standard New Year’s resolution. But a successful outcome could pay dividends for years to come.
In Michael Hagerty’s class, the curriculum revolves around money management and career planning, and the classroom conversations stress concepts such as compound interest, paying yourself first and being wary of too-good-to-be-true deals.
Deferred interest plans can save you a lot of money as long as you pay off your balance in the allotted time and don’t make any late payments. But if you’re a few days late or fail to pay off the balance in full by the end of the deferred interest period, well, it’s as if the zero percent terms never were offered.
The last few weeks of the year can be a great time to purchase a vehicle. Salespeople and dealers are trying to meet their quotas and profits for the year, the lots are still full of 2013 models that need to be cleared and there might even be a year-end boost in the number of used vehicles for sale.
If you’re interested in shaping money-smart children so they will grow into money-smart adults, there are many gifts that can help generate the desired effect. Some are even designed to make financial education fun.
The holiday season is a peak period for parents and grandparents to purchase bonds as gifts for children. But if it’s been a while since your last bond gift, be prepared to spend some time going through the purchasing process on the Treasury Department’s website at www.treasurydirect.gov.
About one-third of college students, including those at two-year community colleges, will pack up and leave at some point during the academic year.
A Girl Scout chapter in North Carolina is blazing a trail to enhance the financial smarts of its members. SpendSmart will tailor a financial literacy program for the 16,000 girls who belong to the Hornets’ Nest Council.
Bank of America, the nation’s second-largest bank, may soon be pulling the plug on that practice. And that would be a good thing — a little embarrassment at the cash register can be just the motivation needed for young account holders to learn to live within their means.
Failure to notify your bank credit card department in advance of a vacation could lead to a big surprise, frustration and maybe an embarrassing moment when trying to pay with plastic.
Anna Ivey and Alison Cooper Chisolm, who have more than 20 years of combined experience as college counselors, said their goal in writing “How to Prepare a Standout College Application” was to help students turn in applications that will be a cut above all the other great kids’ applications.
In survey after survey, it’s clear that when it comes to passing money and other assets down from one generation to the next, many parents and their children have conflicting ideas and expectations. That could spell trouble in the here and now or 20 years down the road.
An ever-growing number of college-age students and young adults are embracing smartphone applications from Mint.com, LearnVest and others to keep tabs on their money.
Young adults from 18 to 29 make up the largest percentage of identity theft victims, according to the Federal Trade Commission. Scammers steal the personal information mostly to take out loans that will never be repaid.
The base price can be $300 to $400, which doesn’t include any special inscriptions or decorative stones, which can drive the final price to the same neighborhood as a semester’s worth of college textbooks. That’s a lot to shell out for parents on a tight budget or a student working part time.