Monthly Archives

June 2017

How a 529 Plan can work for both you and your child

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Let me start off by saying, we all know that one of the most important parts of being a parent is making sure that your child is well provided for. A large part of providing for your child is making sure that they get a good education. Which brings me to the topic of this post: funding your child’s education.

In today’s world, it’s becoming harder and harder to afford a good college education. The last thing you want is your 35 year old son or daughter sitting on your couch, flipping through different TV channels all day, eating all of your food, and sucking the life out of your bank account. So, it’s very important that you plan things out in a way that won’t bankrupt you but will still allow you to provide the best quality of education for your children so that they may be successful just like you.

Most parents, when they think of helping their child out with school, think of writing a check to help pay for tuition, books, etc. Well, rather than doing that, why not consider a 529 plan or some other kind of education-funding account? Read More

J.K. Rowling and the power of self-determination

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I believe in the power of self determination.

It might seem odd to feature one of the most famous, and wealthiest authors in the world for this post, but Joanne Rowling, as she is formally known, is actually the perfect example of how anyone can be successful, regardless of their background, upbringing, or circumstances.

As you undoubtedly know, Rowling is the author of the Harry Potter novels. What is less well-known is how similar both the creator and the main character are. If you’ve never read the books, the story starts with an orphaned Harry Potter living inside a cupboard under the stairs in the home of his less-than-affectionate aunt and uncle. Rowling, meanwhile, grew up with a mother suffering with Multiple Sclerosis, and a father with whom she was not on speaking terms.

In the books, Harry learns that he is a wizard, and travels to a magical school called Hogwarts – a place very strange and unfamiliar, and where he doesn’t always fit in. As a young woman, Rowling also traveled to a strange and unfamiliar place. Needing a job, she traveled to Portugal to teach English. Here she met her first husband, but it was not a happy marriage. Read More