Part 1 of this series addressed how parents and family members can sometimes influence a child’s choice of schools through words and actions. Part 2 focused on the myriad of choices and how to assist a child in narrowing the selection to those best suited to help achieve vocation goals. The final segment of this 3 part series will attempt to outline options to think about when paying for a college education. While it may be possible to cover the entire cost of a child and their siblings’ education, it might be worth considering other options that involve the child. …Read More
Recently the IRS …Read More
Children are often influenced in ways that are not always obvious. As mentioned in part 1 of this 3 part series on planning for college, family conversations about fond college memories and experiences, likely occur long before a child narrows their choice about where to apply and enroll. Children will also be influenced by friends and their ideas or maybe where a teacher encourages them to explore. Ideally, they consider their intellectual and vocational gifts and settle on a few schools that align well with their longer term professional or vocational aspirations.
All the while, parents may be trying to …Read More
Most of us understand we need to give careful consideration to planning, saving and preparing for the future. This typically includes planning for the purchase of our first house, saving for the education of our children, mapping out our careers, our retirement, and even our eventual death.
However, I’ve seen too many consumers get to retirement, breathe a sigh of relief and then put their lives on auto-pilot, thinking they’ve handled all the big decisions. The reality is that many times the decisions which will be faced in the years between retirement and death can be some of the most …Read More
- Prioritize Appropriately