529s and ESAs — the nitty-gritty of saving for college

A couple of years ago, I was reading an article about money and sending kids to college. “Blah blah blah,” it went (more or less), “and you should stick the money in a 529.” “Oh, man,” I remember thinking. “A ‘529’? What the heck is that?” I got really concerned, and looked into it. I (read more…)

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Bonds, and other confusing pieces of paper

When our daughter Lucy was born, her grandparents and a few friends of the family gave her savings bonds, to be used for college, or music lessons, or other Good Things. They were generous, to be sure, but they unintentionally gave us a bit of a burden along with their gift. I mean, think about (read more…)

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Warm and fuzzy budgeting

Me: “Hey, SimpleMom readers! We’re going to be talking about money.” You: “Yay, money!” Me: “We’re going to start off talking about … get excited … budgets!” You: *yawn* I know, I know. Too often, budgets are the boring uncle at the cocktail party of your financial life. But it doesn’t have to be that (read more…)

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