The Blue Blaze

The ABCs of Education Investing

Posted by Frankie Corrado on Nov 5, 2018 10:17:00 AM

With school back in session in most of the country, many parents are likely thinking about how best to prepare for their children’s future college expenses.

While it’s a fair bet that most parents and guardians will be filling out the dreaded FAFSA (Free Application for Federal Student Aid) as part of their college application ritual, crossing fingers for a favorable outcome on that process isn’t anyone’s best bet.

We have put together a handy primer with some introductory lessons and key details to prepare anyone looking to successfully plan and pay for their children’s college experience. Read on for more about:

  • The rising cost of a college education
  • The impact of inflation on the cost of higher education
  • Risk management and Opportunity cost
  • Diversification and Goal setting
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Topics: Parents and Children, Goal Setting, College Planning

The Path To Awesome Part 3 or, Good Debt? You Bet!

Posted by John Munley on Aug 11, 2017 2:54:07 PM

 

Build Good Credit, Early.

This is the third part of our three-part series on The Path To Awesome: Top Three Financial Habits to Help You on Your Way. I detailed in the first blog, that I was inspired to write these by a very personal response to Kid President’s exhortation that everyone find their own path to awesome. As a father and former young person myself, I see this as a chance to more widely share some of the conversations I’ve had with my own daughters about developing good financial habits to help us all get to our own, very special brand of awesome.

However, just because this wraps up our Path To Awesome discussion, the conversations about developing good financial habits won’t end, and they shouldn’t.

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Topics: Financial life guidance, Parents and Children

The Path to Awesome: Top 3 Financial Habits to Help You on Your Way - Part 2, or, Don’t Just Park Your Money

Posted by John Munley on Aug 1, 2017 7:20:00 PM

The Path to Awesome, Part 2: Don’t Just Park Your Money

John Munley and his daughters.

Last week, I shared some advice I want to gift to my young daughters about establishing good financial habits, early. My inspiration was a speech the principal at my daughter’s school gave during her moving up ceremony. I was especially moved by a quote by Kid President about The Path to Awesome.  

This week, my focus is on some of the nitty-gritty specifics of early investing strategies because the money we earn (or receive as gifts) really can continue to grow with us -- if we take even a few hours to learn more about some simple principles and investment tools. And this IS important (and I hope my daughters are listening!), because the earlier we begin using these principles and tools, the more money our investments will earn and the more freedom and options we’ll have as we travel on our path to awesome.

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Topics: Parents and Children

The Path to Awesome: Top Three Financial Habits to Help You on Your Way - Part 1

Posted by John Munley on Jul 18, 2017 7:33:00 AM

 

John Munley and his daughter, Sarah, on their way to Sarah's moving up ceremony. 

My daughter recently had her moving up ceremony during which she and her class celebrated “graduating” from elementary school and starting their middle school years in the fall.  During the ceremony, the principal addressed the parents and students, quoting Robby Novak. Novak, who also goes by the name, Kid President, is a 13-year-old boy who, despite living with osteogenesis imperfecta, a rare genetic disorder that makes his bones extremely brittle, has built an online empire using his intelligence, charm, wit and boundless optimism to inspire others.

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Topics: Parents and Children, Financial life guidance