If your kid’s still trying to master tying shoelaces, it can be hard to focus on saving up for college. But no matter how young your child is, it’s never, ever too soon to start saving up for college tuition. Though tuition costs recently leveled off, they’ve still risen faster than the rate of inflation or average wage growth. That’s why it’s important to look for the best college savings plans available to you now and start comparing them.
Say the words “triple tax-advantaged,” and you’ll see many people’s eyes glaze over. (Someone might try changing the subject to the latest Game of Thrones episode.) Not many people love talking taxes — but learning about this admittedly dry topic can pay off in unexpected ways. Want an interesting dinner-party conversation? Tell your guests why legislators hope to expand health savings accounts (HSAs). And if you open one yourself, you’ll reap serious tax advantages you won’t get from traditional investments. We’ll explain why rich people love health savings accounts so much — and how they can help reduce your tax burden.
The last time you navigated your way through a new city or neighborhood, you probably turned to Siri. Or maybe you opened up a GPS service device that offered you audible directions. Letting a robo-navigator guide you while driving to your destination makes perfect sense. Plus, Siri’s very polite compared to some human travel companions—who may spend the ride loudly judging your driving abilities. Much like we rely on technology to guide us while driving, we can let automated advisor services manage our investments.
