Education Planning

11 min read

13 Aug 2025

The Complete Guide on Financial Planning for Couples

According to a recent survey of Certified Divorce Financial Analysts (CDFA) professionals, the top three reasons couples split up are basic incompatibility, infidelity, and, not surprisingly, money issues. In fact, financial disagreements account for around 22% of all divorces. Financial planning as a couple is a whole different ball game compared to managing money on […]

7 min read

07 Jan 2025

How 529 Plans Help Manage Costs and Maximize Education Savings

The cost of higher education in the United States has been steadily increasing. This places a significant financial burden on students and their families. In the 2024-25 academic year, the average tuition for full-time in-state students at public four-year institutions rose to $11,610, marking a $300 increase from the previous year, a 2.7% rise before […]

10 min read

09 Aug 2024

529 Plan Rule Changes for 2024 and Their Impact on Your Retirement Planning

The 529 plan is a popular investment vehicle designed for individuals, including parents, grandparents, and others, to save for educational expenses. This tax-advantaged account allows for tax-deferred growth and tax-free withdrawals when used for qualified education costs, such as tuition and other related expenses. Sponsored and run by 50 states and the District of Columbia, […]

12 min read

03 Sep 2021

Roth IRA: How to Use it For College

The cost of education in America can be burdening. In the last 30 years, the average college cost of a four-year public institution has increased by 213%. In the past decade alone, the cost of education has shot up by 29%, with private college tuition costs rising by 25%. If you have children or grandchildren […]

8 min read

02 Sep 2021

Why Your Education Planning Needs to Be around Your Child’s Ambitions

Education planning is a long process that can take many years to finish. Experts recommend that you should start saving for your child’s higher education costs from the moment they are born. This allows you to save optimally over the span of many years. This also removes financial anxiety, compromised dreams, and a stressful life […]

5 min read

02 Sep 2021

The Best Approach to Plan for Your Child’s College Education

The cost of education in the U.S. has increased more than three times over the last three decades. This is creating a financial burden on students and their parents. Moreover, it is forcing them to focus more on finding educational loans instead of a suitable college. According to a 2020 report by EducationData.org, the average […]

10 min read

10 Jun 2021

Important Factors to Consider While Planning for Your Child’s College Education

Like all other parents, you would want your child to have a good education and a successful future. For this purpose, you work hard, juggle family schedules, make time for their homework, and do so much more, only to prepare them to take advantage of different life opportunities. The most important foundation of a secure […]

10 min read

12 Apr 2021

Education Planning Tips for Self-Employed Parents

Self-employment can be rewarding. You are your boss. You make your rules. You earn more, enjoy greater flexibility, and your work satisfaction level is high. And while all this can sometimes come at the cost of long hours, stress, and years of struggle, in most cases, the benefits of self-employment outweigh the cons. In the […]

7 min read

02 Mar 2021

8 Best Financial Gifts for Your Children

Whether it is the holiday season or a special occasion like a birthday, graduation, etc., gifts can be a great way to show appreciation, admiration, and love for your children. However, as parents, your responsibility towards your child goes beyond traditional gifts like toys, books, family vacations, a trip to the mall, or gadgets. As […]

7 min read

24 Feb 2021

5 Tips on Using an IRA to Pay for Education

When it comes to parenting, the list of responsibilities can be a long one. Right from offering your children a safe and lovable home to tending to their medical needs, the duty of a parent never ends. Among these, the most crucial one is perhaps offering your child with the right opportunities for education. Unfortunately, […]

5 min read

20 Jan 2021

6 Important Pointers to Know About Education Tax Credits

When it comes to college education, the costs involved can be overwhelming. Right from the tuition money to the cost of travel, books, course-related equipment and more, parents and students often have to turn to student loans to accommodate these expenses. While long-term savings accounts, such as a 529 education account, Individual Retirement Account (IRA), […]

6 min read

07 Dec 2020

5 Common Ways Parents Save For Their Kids’ Education

Like most parents, you would want your child to get the best education possible. But at the same time, you also know how much of a burden the cost of education in America can be. According to a 2020 report published by EducationData.org, the average cost of college in the country is approximately $32,889 per […]

5 min read

02 Dec 2020

7 Ways Education Planning is Important for Your Child’s Future

Education is the foundation stone for a child’s future security. However, while every parent wants to provide their children with the best of opportunities, other expenses sometimes take precedence. Sending your child to college in today’s times requires planning, strategizing, and investing in the right kind of funds and instruments. It also needs a well […]

5 min read

01 Oct 2020

When Should New Parents Start Planning for their Kid’s Education?

As a parent, your responsibilities begin the day you hear the good news of your child’s arrival. Right from finding the best clothes, books, and toys to more significant decisions such as picking a good school, all of these aspects together constitute a part of your journey as new parents. However, while most new parents […]

4 min read

21 Aug 2020

Tips to Adapt Your Education Planning in The Pandemic Era

In an interview to Forbes Magazine, Dave Ressner, a wealth advisor and education planning specialist revealed that in a survey taken in March 2020, 36% of college presidents were convinced that this academic year was going to be ‘disrupted in some way.’ The world has taken a very different route in the last couple of […]

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The blog articles on this website are provided for general educational and informational purposes only, and no content included is intended to be used as financial or legal advice. A professional financial advisor should be consulted prior to making any investment decisions. Each person’s financial situation is unique, and your advisor would be able to provide you with the financial information and advice related to your financial situation.