Saving Money

How to Set Up a College Trust Fund
How to Set Up a College Trust Fund

If you are financially stable, setting up a college trust fund for your child can be a stress-free endeavor. However, there are many different types of trust funds to choose from. You will need to research the pros and cons of the different types, and understand how they will ...

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More in Saving Money

Can Changing Agents With the Same Insurance Save You Money?
Can Changing Agents With the Same Insurance Save You Money?

Insurance is a financial product people buy because they need it, not because they want it. The agent who sells and services your policy plays a large part in making sure the insurance fits your ...Read More

Can I Transfer My UGMA/UTMA Account Into a 529 Plan?
Can I Transfer My UGMA/UTMA Account Into a 529 Plan?

UGMA and UTMA are two types of savings accounts set up by an adult, usually a parent, to save money for a child. UGMA stands for the Uniform Gifts to Minors Act, and UTMA -- the Uniform Transfer to ...Read More

How to Look Up Old Series E Bonds
How to Look Up Old Series E Bonds

The U.S. Treasury introduced Series E savings bonds in May 1941 to help finance defense expenditures. Series E bonds issued through November 1965 earned interest for 40 years; subsequent Series E ...Read More

Use of 529 Plan Proceeds
Use of 529 Plan Proceeds

Qualified tuition plans, also called 529 plans, allow you to save money in a tax-sheltered account, which means you won't pay taxes as it grows. Unlike Coverdell education savings accounts, 529 plans ...Read More

How to Reduce Your Monthly Payment Without Refinancing
How to Reduce Your Monthly Payment Without Refinancing

Taking on debt is often the only way to afford major purchases, such as a car, home or college education. Paying off that debt over time is a significant expense, especially when interest charges are ...Read More

How to Start Saving Money When You're Over 50 Years Old
How to Start Saving Money When You're Over 50 Years Old

The approach of retirement sometimes sneaks up on you. For a variety of reasons, some people may not begin saving seriously for retirement until they hit age 50. If you have neglected or ignored ...Read More

How to Reissue U.S. Savings Bonds
How to Reissue U.S. Savings Bonds

If a savings bond is lost, damaged or destroyed, you can have it replaced by the U.S. Treasury. The replacement bond contains the same registration and issue date as the original. You can also have a ...Read More

How Much Money Do Need to Save Per Week From 18 to Be a Millionaire?
How Much Money Do Need to Save Per Week From 18 to Be a Millionaire?

Many young people count becoming a millionaire as one of their lifetime financial goals. To reach this goal through saving money, several factors need to be considered, including the amount you save, ...Read More

What Happens if You Have an FHA Loan & You Refinance?
What Happens if You Have an FHA Loan & You Refinance?

As with traditional mortgages, you can refinance a Federal Housing Administration loan to lower your monthly payments, get a lower interest rate or reduce the term of your loan. However, you must ...Read More

Guaranteed Minimum Rates for Series EE & E Savings Bonds
Guaranteed Minimum Rates for Series EE & E Savings Bonds

Series E bonds were the fifth series of the U.S. governments savings bond program, replacing the "baby bonds" on May 1, 1941. Originally called Defense Bonds, Series E bonds were rechristened War ...Read More

Can Grandparents Buy EE Savings Bonds for Their Grandchild's Education?
Can Grandparents Buy EE Savings Bonds for Their Grandchild's Education?

Grandparents can buy EE savings bonds for their grandchildren through the TreasuryDirect website. Paper bonds are no longer issued. If the grandparents wish the bonds to be used toward their ...Read More

UTMA Taxation for Grandparents
UTMA Taxation for Grandparents

A uniform transfer to minors account, or UTMA, is a way that grandparents can put money away for their grandchildren. Sometimes called custodial accounts, UTMA accounts generally stay under the ...Read More

Can a Co-Owner of a US Savings Bond Give the Bond to Another Co-Owner?
Can a Co-Owner of a US Savings Bond Give the Bond to Another Co-Owner?

A co-owner of a U.S. savings bond can transfer her co-ownership stake in the bond to a different co-owner under certain circumstances. Deciding factors include the two current owners' personal ...Read More

Investment Accounts That Earn Compound Interest
Investment Accounts That Earn Compound Interest

Compound interest can seem magical because it seems to increase your earned interest rate. This is because when you compound interest, you're earning interest on the actual interest you were already ...Read More