Back to school doesn’t have to be a spend-fest.

As back to school is in the air, parents all over the country are wondering how they will pay for college. The moment children are born, it seems, parents begin fretting about how they will pay college expenses. All debate on whether or not you should even pay for your child’s college aside, there is at least one option to help you save up some money: The Coverdell Education Savings Account.
Coverdell Education Savings Account
Formerly, this type of account was referred to as an “education IRA.” The idea is that you invest money (maximum per year is $2,000) into a tax-deferred …read more

One of the things that many students overlook as they head back to school is student health insurance. However, this is an important part of protecting yourself from financial catastrophe.
Who needs student health insurance?
If you are under 24, and if you are covered on your parent’s health insurance, then chances are that you will remained covered. However, 24 is the age that insurance companies usually stop allowing students to use their parents’ health insurance. Instead, it becomes necessary to get student health insurance.
Coverage under student health insurance plans
For the most part, it is possible to purchase college student health insurance …read more

It’s time for back to school shopping. This year, as my son starts the “real school” of kindergarten, we are letting him help us out in terms of choosing some of his school supplies and his clothes. This whole process got me thinking of teaching my son lessons in money management — and how back to school shopping provided a back drop for some of my most poignant lessons in personal finances.
What I learned from back to school shopping
As a teenager, I received $100 at the beginning of the school year with which to buy clothes. My parents drove us …read more

If you have seen You’ve Got Mail, you know that September is the time for “bouquets of sharpened pencils.” It’s Back to School time, and the B5Media Business Channel has some  great Back to School thoughts and advice.
Mark Wade over at Work Boxers is inviting participation as he explores thinking while sleeping. He says, “I’m willing to imagine that a change in thought process to something more along these lines might be invaluable help to someone back at
school or about to return to classes. What do you think?” Head on over and give him your feedback.
Can being “special” really ruin …read more