Category: education

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Mark Your Calendar: Kiplinger Free Financial Advice Days.

As they do every year, Kiplinger’s is again partnering with the National Association of Personal Financial Advisors (NAPFA) to provide 2 full days of free financial advice for anyone who wants it. This year, the days are Tuesday, January 13, and Friday, January 30, from 9am – 6pm EST, and you can either call 1-888-919-2345 to speak to an advisor or ask your question in an online forum. Is there anything better in these times than being able to ask a professional about your financial issue? Be sure to mark you calendar and don’t forget to take advantage of this free financial advice!

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Got Financial Questions? Ask The M-Network!

250ask Got Financial Questions?  Ask The M Network!

Today is the start of a new feature from all of us at the M-Network which is called “Ask The M-Network“. This new feature will allow (and encourage, hopefully) our readers to submit personal finance questions to any of the M-Network members using our contact forms. (Here is my contact form) Your question will be answered by several M-Network members behind the scenes and then published within a few days as a post on the blog where you submitted the question. So you ask a question via my contact form, I talk it over with the other members, and I post the answer here a few days later…Pretty cool, right?

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Comparing A 529 Plan And An Education Savings Account (ESA).

Although we do not have children yet, I know that when we do we will start putting money away for college right away. However, there are different ways of doing this – and luckily my a newsletter from TRowePrice showed up to tell me some of the differences between a typical 529 plan and an ESA. While they are both to be used to save for future education costs, there are some differences that could make you choose one over the other. Let’s take a look…


Typical 529 Plan:

  • Contribution limit is way more lenient, allowing between $100,000 and $350,000 per beneficiary, depending on the state.
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    Best College Values For 2008-2009.

    For those of you either starting to look at colleges or for those of you with kids starting to look, I thought this might be of some value to you – especially in the cost category! To make the list of the best college values for 2008-2009, Kiplingers looked at:

    • Percentage of the 2008-09 freshman class scoring 600 or higher on the verbal and math components of the SAT (or scoring 24 or higher on the ACT)
    • Admission rates
    • Freshman retention rates
    • Student-faculty ratios
    • Four- and six-year graduation rates, which most schools reported for the student cohort entering in 2002

    Dumbest Product Ever – LEGO Fruit-Flavored Snacks.

    legos Dumbest Product Ever   LEGO Fruit Flavored Snacks.Now there is a great idea – make a kids’ snack that looks just like the toys that they play with! Why hadn’t I ever thought of that? Like kids don’t put enough of everything around the house in their mouths, now we are going to give them actual “food” (and I use that term lightly) that looks exactly like their toys. Brilliant!

    Parents spend years trying to teach their kids what to eat and not to eat…and here come the masterminds at Kellogs and LEGO’s to undo all of that work. How much do these geniuses get paid to come up with this unbelievably stupid ideas? Parents please do not buy these for your kids…there are already enough hazards for them to choke on that you don’t need to encourage more eating of toys.

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