Money Saving Idea: Throw a College Trunk Party

A college trunk party can help your student gather all of the items that he or she will need for college, keep you on budget and give everyone a reason to celebrate the milestone of going into higher learning. Friends and relatives enjoy college trunk parties, because it gives them a chance to wish their student well, all while giving them a tangible way to help during this exciting milestone. At a trunk party, guests celebrate and bring gifts that a college student might need, such as gas cards, bedding, school supplies, dorm decor, etc. First, purchase a large college … Continue reading

Tips on Saving and Raising Money for College

The following are some ideas and tips to help you make college a reality for your children. Whatever their ages, if you want to ensure your kids receive a quality education, consider the following options. 1. State Sponsored 529 Plans: This is a profitable scenario if your kids are still quite young. With these plans, not only can you save for college, you can also gain tax breaks as well as receive investment earning that are tax-free. 2. Monthly Savings Plans: Any amount you save will be helpful. Try to get in the habit a setting aside a set amount … Continue reading

Money Lessons by Age

Whether your child is two or 18, there are valuable lessons about money that need to be taught. Education about money is often neglected in families. Many times this is because parents just don’t know where to begin. Toddlers to Preschoolers At this age, the money lessons are pretty simple. Your child should know that you need money to buy things, and you can get this money by doing a job. When you are out shopping and your child is with you, you can pay with cash, so your child can see the actual money exchange hands. Talk about how … Continue reading

Saving Little By Little

As a single parent money is always tight. It’s hard to make ends meet with only one income these days. I’ve mentioned many times in previous blogs that I am currently a full time student. The university I attend is about a 40 minute drive from our home. I was putting 60 miles a day on my car and was driving back and forth five days a week. When I was teaching in the schools I was putting double the miles on my car. Needless to say, I was spending an insane amount of money on gas each week. With … Continue reading

Get the Back to School Savings Pass at Staples

It is August, and that means that a new school year is about to start. Parents are going to have to purchase a pile of school supplies that their children require. If you pay attention to the Back to School sales and deals, you can save some money while shopping. Here are a few that are going on right now. Staples has a Back To School Savings Pass. You pay $10.00 for the pass, and it gives you a discount on hundreds of school supplies from now until September 15, 2012. The pass can be used only on in-store purchases, … Continue reading

Saving Money When Shopping for a New Bed

It is time for my daughter to get a new bed. We spent on Saturday two weeks ago visiting a couple of stores and pricing out twin beds. The requirements for us were that the twin bed should be white, probably wood, have a headboard and a foot board, and be sturdy enough to carry her through until she leaves for college and maybe beyond. Going shopping online and in the retail stores was a real eye opener. We hadn’t shopped for a new bed for about eight or nine years. Since then, it seems, the quality has gone down … Continue reading

Moms Stink at Money Matters

Hey, I’m just the messenger. Personally, I think most moms rock at finances, but according to the gurus at LearnVest (a personal finance website for women), most women with kids fall short when it comes to making wise financial decisions. And why do the brainiacs at LearnVest think moms stink when it comes to handling money? We’re. Too. Nice. Apparently, sugar and spice and everything nice is a very bad combo when it comes to money. LearnVest experts claim that because moms are “too nice” and “too nurturing” they end of falling into an abyss of money problems. Competition is … Continue reading

Saving on a Student Spring Fling

Next week, the colleges in our area begin spring break. When I was attending the University of Wisconsin-Madison, I was fortunate enough to partake in four incredible spring breaks, including an especially memorable road trip to California where my then-boyfriend and I skied in Tahoe during the first half of the week and sunned ourselves on the shores of Pebble Beach the next half. Ah, sweet, innocent youth. These days college co-eds have access to a plethora of money-saving spring break options, thanks in large part to the explosion of social media. In the world of Facebook, Twitter and other … Continue reading

Thrifty Tips for College Students

Whether you are a parent of a college student or you are a student yourself, you know that college is expensive. What you may not know, and what I wish that I knew when I was in college a few years ago, is that there are some things that you can save money on while you are in college which can add up to significant savings. That’s right, you can have more cash left in your pocket or less money borrowed from student loans and other sources if you do a few things a little differently. For example, when you … Continue reading

It’s Always About Money

This time of year is always stressful financially. It is especially stressful when you are a single parent, you have to make that dollar you are stretching go even farther. Striving to be financially responsible is something you should do all year round. As a single parent it is doubly important that you do your best to manage your money. *Don’t keep secrets about money, talk to your kids. I remember when I was a child and my mother would tell me we couldn’t afford something and I would be resentful because I knew she had money. Because we never … Continue reading