Skip to main content

College Funding

My husband and I started a college fund for our daughter over the past week. We've had some money set aside for her account for several months now, earning a whopping 0.1 percent interest in our traditional savings account, as I tried to decide which investment option was best for us. Ultimately, though, we just went with what the financial planner recommended because the amount of information out there is just too overwhelming for me.

As we reviewed the funds that the financial planner had prepared for us, I was pleasantly surprised to see how much we can see, eg., specifically what companies our money would be invested in. My retirement account doesn't provide information that detailed.

After seeing what's available, I thought I might try reading a book like "Investing for Dummies" so that I can get the basics of investing down. I'd like to take a more active role in our investments. I had hoped I could borrow the book for free on my Kindle from Amazon, but it isn't available. Hopefully, I can get it from the library.
Labels:

Comments

Post a Comment

Popular posts from this blog

thredUP

Yesterday, I heard about a site called thredUP . Through this site, you can buy used clothes for your growing child from other parents, and sell the ones your child has outgrown. As quickly as our little girl goes through clothes at this stage, I think this sounds like a great idea. I'm constantly pulling clothes my daughter has outgrown out of her closet, and I feel like she's forever running out of clothes that fit her. I plan to look into it a little more, and I just might give it a try.
2 comments
Read more

Frozen Dinner Thoughts

I've been trying to give some thought to what kinds of foods would make good homemade frozen dinners.  (My first post on the topic is here .) Tomorrow is grocery day, so I'd like to have an idea what kinds of things I can make to make sure I have all the ingredients. So far, I'm planning stew (per my husband's request) and a crustless cheeseburger quiche. Hopefully, I can think of another seven options between today and tomorrow.
2 comments
Read more

Marking a Milestone; Saving on Internet

I just noticed this is post number 100. Whoo hooo! I found an even cheaper solution to my home Internet. Currently, we pay $110 a month to the phone company for our home phone and Internet service and $28 a month to the cable company for basic cable. My plan was to switch our Internet to the cable company, which would cost about $65 a month for the level of Internet speed I'd like to get, then cut out TV cable service and the home phone. That would eliminate the $110 phone bill all together, but what we pay to the cable company would a little more than double. To get TV service, I bought this: I love the Roku, which streams TV shows and movies to the TV. It doesn't require a subscription to a service to stream -- there are quite a few free options -- but to increase variety and to have access to new TV shows, I sprang for subscriptions to Netflix and HuluPlus. (Until my membership to Amazon Prime expires this coming December, I also have a whole additional set of shows ...
2 comments
Read more