Oh how clever. The financial industry is jumping on the “day” bandwagon (see: National Pancake Day, Talk Like a Pirate, Waste An Entire Day On YouTube Day, etc.) by making today, 5/29, 529 College Savings Day. Seems like as good a day as any then to revisit my case AGAINST […]
I was a guest on a segment of HuffPost Live yesterday discussing my ideas about ways a parent/grandparent/guardian might better invest in a child than merely saving money for their college education. The 1/2-hour discussion was lively and engaging, although it too often veered away from my focus on this […]
Thanks to the relative controversialality (made-up word) of my case against college savings, I have made it onto The Huffington Post frontpage. Surely CNN, Headline News, The New York Times, and The White House aren’t far behind. You read OWTK, so you’ve read it already, but would you fancy reading […]
For as long as we’ve been having two-way conversations with our children, my wife and I have been very forthright with them both about most things in life, money included. Whether it is donating it, saving it, spending it extravagantly, or spending it to put food on the table and […]
My town, which is less a town and more a series of strip malls strung together with a garland of traffic lights, received an outpost of the Kiwi Yogurt to call its very own. My general vicinity now has three of these self-serve, pay per ounce, family owned frozen yogurt […]
What do we know about kids and their clothing? They grow out of stuff in the blink of an eye. They get their threads incredibly dirty. They want to wear only their favorite ensembles. With these facts in mind, here’s my quick & easy kid clothing strategy going forward: Buy […]
Credit card debt is FUN! No, no it’s not. It sucks eggs. I should know. I’ve had major issues with plastic debt. Ten years ago, I was nearly $20,000 in the red with Discover, American Express, and some random Visa card (probably those predators at Capital One). Even as recently […]
*This article has also appeared on The Huffington Post, with slightly more commentary from others I reckon. A few housekeeping things right off the bat: The below stance has nothing at all to do with the validity of college savings plans themselves; the investments, management fees, etc. The opinions expressed […]
