There are several ways to save for education. People often think of 529 plans when it comes to saving for college, but you can also use UTMA and UGMA accounts. Each account has different benefits and drawbacks. Before choosing, learn more about how these accounts work and what features they offer.
Most of us know having kids comes with extra costs, such as clothing, food, and possibly college tuition. But kids require more than just food and clothes. There are hidden costs of raising a child many parents-to-be overlook. Here are some common expenses you should be sure to take into account.
A driver’s license is a rite of passage. But it comes with cringeworthy moments most parents don’t want to think about. So deciding whether your teen should have their own vehicle and whether it should be new or used is a big decision. But it’s not impossible to make if you consider all the facts.
Opening a bank account for your kids and becoming a joint account holder is a great way to teach kids basic money management skills like budgeting, saving, and setting long-term financial goals. We round up the best checking and savings accounts for kids under age 18.
Spring is the perfect time of year for outdoor activities. Not too cold, not too hot, and in many cases not yet crowded with summer travelers. Whether you’re looking for something to do solo, with your significant other, or with friends or family, there’s something for everyone.
The Children’s Health Insurance Program, or CHIP, provides low-cost health coverage to kids whose families can’t easily afford health care but aren’t poor enough to qualify for Medicaid, providing coverage for 9.6 million American children. Learn about CHIP coverage, how it works, and how to apply.
Parents and caregivers need to show kids and teens what they can do to build healthy habits during the school year and avoid illnesses like the common cold. These habits are especially crucial right now, with COVID-19 cases rising and seasonal flu approaching.
For parents vacationing with little ones, the thought of subjecting fellow travelers to hours of uncontrolled wailing is mortifying. These tips from a dad who’s been there can’t stop diaper blowouts or screaming fits, but they can increase the return on your vacation investment.
If you want your kids to read more, one of the best ways to encourage them is to give them something to read that really interests them. One of the easiest ways to do this is to get them a magazine subscription. Learn the best magazines for kids of all ages, from preschoolers to tweens and teens.
Kids love making crafts, and Valentine’s Day provides a perfect opportunity to get their creative juices flowing. Many crafts can also double as gifts for family and friends. These Valentine’s Day craft ideas are ideal projects for kids to have fun with and show the love — on a budget.
Working part-time through high school affords major benefits: increased cash flow, less reliance on others for financial support, better money management skills, even a head start on the path to financial independence. Read on to learn about some great part-time job options for high school students.
Many people struggle to feed their family at some point. Fortunately, many state and federal programs can help you through a challenging time. WIC, which helps feed pregnant and postpartum parents and their young children, is one such program. Find out how it works and how to sign up.