Here are some money saving tips plus good news for K-12 tuition.
Author: Robert Falcon, CPA, MBA, CFP® Candidate
Release Date: 1/9/18
Just before Christmas, President Trump signed the Tax Cuts and Jobs Act (hereafter “the Act”), which is designed to stimulate growth and employment in the American economy. Included in the Act are some provisions and opportunities for parents of students in K-12 and those saving for college, and the planning tips that follow could save parents thousands of dollars over time if faithfully implemented.
529 plans are currently the most popular vehicle . . .
Author: Robert Falcon, CPA/PFS, MBA, CFP® Candidate
Release Date: 11/21/17
Just after Halloween, I attended a college planning session at a local high school that was put on by two experienced college planning professionals. While the first hour of their presentation was informative, toward the end of the session, misstatements and exaggerations were made and pressure tactics employed to motivate the attendees to act right then and there. As with any big financial decision, parents should get a second opinion on the financial advice they are given by so-called . . .
In the 1970s, I have a clear memory of my father (a sheet metal worker) coming home from a construction site on a bitter Pittsburgh winter evening. As he came in the back door into the kitchen, his face beet red from windburn, he turned directly to me saying, “Bobby, get good grades and go to college so that you don’t have to freeze your [part of anatomy] off.“
Back then, going to college was easy: you applied to a handful of colleges, including one . . .
Many people use their smartphones, tablets, and other mobile devices as mobile wallets to pay for goods and services, downloading software that allows them to complete both online and in-person transactions. As our use of mobile wallet services increases so does the need to protect mobile devices, wallet apps, and associated data from theft and cyber attacks.
Consider your surroundings, use your mobile device discreetly.
Do not use a mobile wallet to conduct . . .
Lower Your Expected Family Contribution with These Techniques
Author: Robert J Falcon, CPA, MBA, CFP® Candidate
Release Date: 9/14/17
Many anxious families will begin to prepare the Free Application for Federal Student Aid (FAFSA) and possibly the CSS Profile starting October 1 (it’s for the 2018-2019 school year). Utilizing your family’s income and asset information, this form calculates the Expected Family Contribution (EFC), or the minimum amount each school will expect a family to contribute towards their dependent’s college education. The income portion of this EFC will utilize family’s 2016 . . .