Steve Rosen's Kids & Money columns appear on Saturday. To reach him, write in care of the business desk at 1729 Grand Blvd., Kansas City, MO 64108, call (816) 234-4879 or send e-mail to srosen@kcstar.com.
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RECENT KIDS & MONEY COLUMNS
SHANE KEYSER/The Kansas City Star_20060307_COLUMNIST_ Tuesday, March 7, 2006, in Kansas City, Missouri. (PHOTO BY SHANE KEYSER/STAFF)
Experts advise against using retirement accounts to pay for children’s college
Oct 8, 10:30 PMCall it a cardinal sin of saving for college. As the cost of tuition, room and board continues to go through the roof, more parents are planning to crack open their retirement nest eggs to pay the bills, according to “How America Saves for College,” a report released this week by Gallup and college lender Sallie Mae.
Getting a handle on saving for college
Oct 1, 11:38 PMWith more than 100 plans and at least 4,000 investment options, picking the best state-sponsored 529 investment for your child’s college education can be a head-scratcher. But parents will soon get some new research tools that could give them an edge in sifting through all the choices.
It’s difficult, but not impossible, to save money as a young adult
Sep 24, 10:25 PMYou’ve heard me offer this advice dozens of times to teens and young adults: Save your money — even if it’s just a few dollars every week. But how can Gen Y sock away anything for the future while trying to find the cash to cover college tuition? And what about banking some money while trying to land a job in a crummy economy?
Health care reform has a family-friendly change, starting next week
Sep 17, 11:19 PMUnless you have a child with a chronic illness, you probably haven’t given much thought to finding affordable health insurance that covers youngsters with pre-existing medical conditions. For parents of the millions of children with long-term health issues, this can be a huge worry.
Overdraft protection is overrated
Sep 10, 10:33 PMWhen parents ask me about adding overdraft protection on their child’s checking account, my reply is always the same. I tell them it’s a huge waste of money.