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Many card issuers have shortened the grace period from 31 days a few years ago to 20 or 25 days. Other things being equal, take the card with the longer grace period to gain added flexibility each month and avoid late fees.
Category Archives: Other
Credit Card Accountability, Responsibility and Disclosure Act – Key Elements
The Credit Card Accountability Responsibility and Disclosure Act of 2009 or Credit CARD Act of 2009 is a federal law passed by the United States Congress and signed by President Obama on May 22, 2009. It is comprehensive credit card … Continue reading
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Part II – Be a GREAT high school student: The best strategy for lowering higher education costs
As we previously noted in ‘Be a GREAT high school student: The best strategy for lowering higher education costs, Ivy League insitutions continue replace grant aid for loans for Low-Income Students’. The latest Ivy to do so is Columbia University.
Columbia announced today that it will replace loans with grants for undergraduates from [...] Continue reading
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529 Plans set to lift off as 2010 expiration date overhang is lifted
These are the the wise words of Jim Boyle, President of College Parents of America, that always seem to elicit a smile whenever he speaks to a group of parents of younger children. Here are some of Jim’s other comments:
“I guess the simplicity of the line, and the fact that [...] Continue reading
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Who Needs Harvard?
This is the August 21st cover story of Time Magazine. The article notes that ‘competition for the Ivies is as fierce as ever, but kids who look beyond the famous schools may be the smartest applicants of all’.
This is excellent advice. Many students will greatly benefit by flourishing at a smaller [...] Continue reading
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Now a consumer minded online broker (SogoInvest) also exists!
401kid was created with the consumer in mind. Namely, we provide education savings plans at a low cost; we do not compromise our objectivity by accepting fees from investment managers; and we offer clients access to superior techology.
SogoInvest is a like-minded, consumer-conscious company. Genesis Securities, through its new [...] Continue reading
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BabyMint College Savings Program
Babymint is the flagship product of the [tag]Vesdia Corporation[/tag]. The underlying “savings engine” technology of the [tag]Babymint program[/tag] is licensed to other private label names such as The Education Plan and Baby Center. The major selling points for the [tag]Babymint … Continue reading
Upromise Savings
Upromise – Join millions of families who are discovering a whole new way to save for college Upromise is the largest and best known of the 529 savings clubs. It boasts extensive networks of both in-store and on-line merchants. Indeed, … Continue reading
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futuretrust College Savings Now Club
Not much to get excited about here. Like most of the other [tag]529 savings[/tag] clubs, [tag]futuretrust[/tag] focuses on on-line shopping rebates. The in-store rebate possibilities are quite limited. You are required to have the [tag]futuretrust MasterCard[/tag] in order shop through … Continue reading
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