Personal Finance For Parents, Explained

Personal finance made easy, for you and for your kids: All the financial terms you need to know as parents, explained in plain English.

personal finance dictionary

Term of the week

529 College Savings Plan

A financial account that allows you to save and invest money for the purpose of paying for education expenses, from K-12 to college and trade schools.

There are two types of 529 plans, one is a tax-advantaged investment account when withdrawals are used for education expenses, and the second lets you prepay for college tuition at today's prices.

529 plans are a popular college fund for kids that help lower college costs.

Read more

Popular Terms:

A Guide for your Financial Parenting Journey

Discover guides and compare financial products that
set your kids up for a great financial future