Monthly Archives: July 2016

HOW DO I SAVE FOR MY CHILD’S COLLEGE TUITION? (AS REPORTED BY ADAM NASH ON BLOG.WEALTHFRONT.COM)

The news today is filled with stories about the average cost of a college degree. The campaign season has thrust the issue of higher education expenses into the national spotlight. And for parents of all ages, stressing out about how to afford your kids’ tuition is all too common. 529 College Savings Plans are a piece […]

WHY WE DON’T SAVE ENOUGH (AS REPORTED BY DEREK THOMPSON ON WWW.THEATLANTIC.COM)

Americans don’t save nearly enough money. And a new paper, titled “How Biases Affect Retirement Saving”, offers a theory as to why that is. The focus is on two common biases – the “present bias” and the “exponential growth bias”. The present bias states that for most people, we will sacrifice some future benefit for […]

INVESTING APPS (AS REPORTED BY HEATHER LONG ON MONEY.CNN.COM)

The now-dated iPhone ads used to tell us that “there’s an app for that.” Today, there are some excellent apps out there to help you manage your money. CNN Money recently put together a list of the 10 best investing apps. From tools that will help you learn how to invest your money, to automated […]

DON’T HOLD ONTO CASH (AS REPORTED BY SUZANNE MCGEE ON WWW.THEGUARDIAN.COM)

Holding on to a lot of cash is never a good idea. But, according to data from a recent survey of wealthy millennials, more of them are keeping a significant amount of money in savings or checking accounts than ever before. Why? One theory states that because young Americans came of age during a time […]