I don't know about you, but I try to avoid shopping at stores that don't offer benefits. What I mean is savings cards, coupons, discounts, and other incentives to keep me coming back. I found a company that not only offers discounts, but helps me save for my children's future. If you would like to know more, just click the following link:
Click Here!
Showing posts with label education IRA. Show all posts
Showing posts with label education IRA. Show all posts
You Don't Need a "Supernanny" to Be an Active Parent
The hot new reality TV show "Nanny 911" has been joined by a similar nanny-to-the-rescue show called "Supernanny." These shows depict families in which the children are extremely out of control, rebellious, spoiled or otherwise quite a handful. The nannies come in for a week (from sunrise to bedtime each day), helping the family get back on track by teaching the parents effective parenting skills and modeling these skills firsthand with the children.
I have to admit to having only seen one episode of "Nanny 911," but, speaking as a parenting educator, I was impressed. The nanny sent to the rescue knew her stuff. She taught the parents to set limits, how to discipline using logical consequences and how to be firm and calm at the same time. She was good enough--and here's a huge compliment coming--to have been an Active Parenting leader. In fact, at one point, as the passive father is learning to be more involved, these words appear on the screen: "Father is becoming a more active parent."
Although I'm not a big reality TV fan in general, I think these two particular shows can be of real value to a lot of parents. They provide useful information and teach good parenting skills. Let's face it--if it works with these dysfunctional families, these skills will probably work for you, too!
And here's the good news: you don't have to be on a reality show to learn effective parenting skills. Parenting classes are available all over the country. You can watch the videos, consult with a parent educator, and share ideas with other parents just like you. To find one in your community, check with your child's school guidance counselor. Many classes are also listed on our web site.
But however you decide to improve your family life, please keep making the effort. Parenting is not the only influence on a child's life...but it's the one you can do the most about.
Author: Michael H. Popkin, Ph.D.
Dr. Popkin is a former child and family therapist in Atlanta. He founded Active Parenting Publishers in 1983 to help parents raise responsible children who are able to face life's challenges. His free, online "What's Your Parenting Style?" quiz is a popular way for parents to spot the strengths and weaknesses of their style. http://www.activeparenting.com/parents.htm
I have to admit to having only seen one episode of "Nanny 911," but, speaking as a parenting educator, I was impressed. The nanny sent to the rescue knew her stuff. She taught the parents to set limits, how to discipline using logical consequences and how to be firm and calm at the same time. She was good enough--and here's a huge compliment coming--to have been an Active Parenting leader. In fact, at one point, as the passive father is learning to be more involved, these words appear on the screen: "Father is becoming a more active parent."
Although I'm not a big reality TV fan in general, I think these two particular shows can be of real value to a lot of parents. They provide useful information and teach good parenting skills. Let's face it--if it works with these dysfunctional families, these skills will probably work for you, too!
And here's the good news: you don't have to be on a reality show to learn effective parenting skills. Parenting classes are available all over the country. You can watch the videos, consult with a parent educator, and share ideas with other parents just like you. To find one in your community, check with your child's school guidance counselor. Many classes are also listed on our web site.
But however you decide to improve your family life, please keep making the effort. Parenting is not the only influence on a child's life...but it's the one you can do the most about.
Author: Michael H. Popkin, Ph.D.
Dr. Popkin is a former child and family therapist in Atlanta. He founded Active Parenting Publishers in 1983 to help parents raise responsible children who are able to face life's challenges. His free, online "What's Your Parenting Style?" quiz is a popular way for parents to spot the strengths and weaknesses of their style. http://www.activeparenting.com/parents.htm
Financial Mistakes that Could Ruin Your Child's College Experience
Whether a child is the first to attend college in the family or the 41st, there is one major area in his or her life that will be dramatically affected by what parents say or do. This life experience involves how your child deals with his or her finances while attending college. Without effective parental planning, wisdom, patience, and most of all money, your child will most likely not complete college for reasons other than being unmotivated, distracted, or disinterested and they will have you to blame.
The following financial tips have been provided based on reasons why some people leave college and to help you evaluate what you have been saying or doing that may be causing more harm than good.
The worst mistake many parents do is send their children off to college without a college savings plan, sufficient grants and scholarships to help foot the bill, and no financial contribution from the family. Why encourage the child to go to a four-year university that you know you can't afford?
Parents will also make the mistake of not bothering to research other schooling that may be more affordable for all. Although college is a great choice it is not the only choice. There are trade and business schools that have programs that complete in months rather than years. Know where they are, how much they cost, programs offered, and whether your son and daughter would be willing to attend one of them. If he or she isn't paying for college, they may not have a choice.
Co-signing on loans has put a strain on many relationships between parents and children. Why allow them to take out loans knowing you nor they won't be able to pay even the minimum for a while. Deferring the loans also known as temporarily stopping payment until he or she can pay only allows the loan to accrue interest.
What about opening a credit card account for your child? If it isn't absolutely necessary, don't do it. Instead, purchase a debit card for him or her that gives you greater control over their finances until they show they are responsible. Although they can still open a credit card account on their own, be sure you remind them what will happen if they don't meet the payments each month. Talk to them about their credit report, credit score, and how it affects their future purchases. Show them how to use credit cards to build income like starting their own business, buying property or investing in mutual funds. When you encourage your child to use credit cards to pay for groceries, entertainment, rent, books, and transportation, you are teaching them that everything is an emergency no matter how small.
The time will come that you will grow tired of sending them money and will want them to get a job. If you want them to work while attending college, be prepared for them to reduce the amount of classes they take. It is rare for a college student to work a college work-study, a full time job, and carry a full time credit load, most often there just isn't enough time in the day to do it all. If you know that you don't have any intention of helping your child with their bills while attending college, then at least keep your eyes open for employers in your area hiring. Review his or her cover letter and resume while providing suggestions. Send them a book of stamps or offer to mail their resume to employers.
Withholding money to get your children to behave may have worked when he or she was a teenager, but for the young adult it can only aid in bitter feelings. Find another way to send a message that you want him or her to straighten up when they are failing classes such as being silent. Your silence will make them feel you are disappointed in them and they will either respect how you feel and see that they get their work done. You may want to reduce the money you send, but don't cut them off completely. You don't want them to blame you for not being able to purchase a book they needed for class.
When you haven't been the best example with your finances, you can't expect your children to do better than you. Rather be candid with the mistakes you made and show them what they are doing that is causing problems now and in the future with regard to their finances. Be a fortuneteller and provide them with a crystal ball of what their future holds.
Why do parents expect their children to acknowledge family holidays even though they know their children have no money? Don't put that kind of pressure on them when you know that you are barely giving them enough money to buy their personal products. Tell them you don't expect them to buy anything during holidays.
Parents will expect their children to use their financial aid money for their basic needs, rather than tell them to save it and use that to make future payments on their tuition and/or books. What's even worse, some parents expect children to send some of their financial aid money to them.
You busy college student will need for you to make the time to teach them how to manage their finances. Don't do this until you have your own financial situation together. Remember to seek professional advice for matters you don't understand.
For more articles by Nicholl McGuire, Click Here!
The following financial tips have been provided based on reasons why some people leave college and to help you evaluate what you have been saying or doing that may be causing more harm than good.
The worst mistake many parents do is send their children off to college without a college savings plan, sufficient grants and scholarships to help foot the bill, and no financial contribution from the family. Why encourage the child to go to a four-year university that you know you can't afford?
Parents will also make the mistake of not bothering to research other schooling that may be more affordable for all. Although college is a great choice it is not the only choice. There are trade and business schools that have programs that complete in months rather than years. Know where they are, how much they cost, programs offered, and whether your son and daughter would be willing to attend one of them. If he or she isn't paying for college, they may not have a choice.
Co-signing on loans has put a strain on many relationships between parents and children. Why allow them to take out loans knowing you nor they won't be able to pay even the minimum for a while. Deferring the loans also known as temporarily stopping payment until he or she can pay only allows the loan to accrue interest.
What about opening a credit card account for your child? If it isn't absolutely necessary, don't do it. Instead, purchase a debit card for him or her that gives you greater control over their finances until they show they are responsible. Although they can still open a credit card account on their own, be sure you remind them what will happen if they don't meet the payments each month. Talk to them about their credit report, credit score, and how it affects their future purchases. Show them how to use credit cards to build income like starting their own business, buying property or investing in mutual funds. When you encourage your child to use credit cards to pay for groceries, entertainment, rent, books, and transportation, you are teaching them that everything is an emergency no matter how small.
The time will come that you will grow tired of sending them money and will want them to get a job. If you want them to work while attending college, be prepared for them to reduce the amount of classes they take. It is rare for a college student to work a college work-study, a full time job, and carry a full time credit load, most often there just isn't enough time in the day to do it all. If you know that you don't have any intention of helping your child with their bills while attending college, then at least keep your eyes open for employers in your area hiring. Review his or her cover letter and resume while providing suggestions. Send them a book of stamps or offer to mail their resume to employers.
Withholding money to get your children to behave may have worked when he or she was a teenager, but for the young adult it can only aid in bitter feelings. Find another way to send a message that you want him or her to straighten up when they are failing classes such as being silent. Your silence will make them feel you are disappointed in them and they will either respect how you feel and see that they get their work done. You may want to reduce the money you send, but don't cut them off completely. You don't want them to blame you for not being able to purchase a book they needed for class.
When you haven't been the best example with your finances, you can't expect your children to do better than you. Rather be candid with the mistakes you made and show them what they are doing that is causing problems now and in the future with regard to their finances. Be a fortuneteller and provide them with a crystal ball of what their future holds.
Why do parents expect their children to acknowledge family holidays even though they know their children have no money? Don't put that kind of pressure on them when you know that you are barely giving them enough money to buy their personal products. Tell them you don't expect them to buy anything during holidays.
Parents will expect their children to use their financial aid money for their basic needs, rather than tell them to save it and use that to make future payments on their tuition and/or books. What's even worse, some parents expect children to send some of their financial aid money to them.
You busy college student will need for you to make the time to teach them how to manage their finances. Don't do this until you have your own financial situation together. Remember to seek professional advice for matters you don't understand.
For more articles by Nicholl McGuire, Click Here!
Tips Of Positive Parenting Skills - Parenting Guidelines For Single Mothers
Raising children as a single mother is a challenge. There are moments when you find that your life is in complete disarray and your house is in complete chaos. This is the time when you feel that you lack essential parenting tips as a single mother. It is better to have such arsenal at your disposal before you land in such a situation.
There are numerous ways to deal with various age groups. Confronting strategies for toddlers differ with those for teenagers. Your 16 year old boy is likely to make fun of you if he is told to spend some time in a thinking chair as he is being obstinate, stubborn and aggressive. On the other hand a few minutes time out will do wonders while tackling a 4 year old. So to be successful as a single mother you should have a set of parenting tips for each group.
Material regarding good parenting skills is widely available. A number of genuine and self proclaimed specialists are also around. A list of websites, books and other means in this aspect would probably require paragraphs. To make your life easy I would mention a few here. You can start with a library or a book shop. Single moms bringing up toddlers and smaller children will really benefit from the Parents Magazine. Unfortunately the major content in Parents Magazine is aimed at married parents. Among the various books available, you should go through at least a couple of them. Those who like Dr. Fan will recommend you his books. Dr. Terry Brazelton is an authority on child behavior. He is a father as well as a pediatrician. Even though a number of his books may be out of date, the attitude of babies and other children has remained the same since long. Last of all "The Well Trained Mind" is a good choice for those who want to train their children early.
A number of websites and organizations are available to assist single mothers with parenting tips. A renowned group is Parents without partners. They provide a wide range of information for single mothers. In the UK similar information is available on gingerbread. Early Start and Head Start Programs deliver the same services in the USA. You may not be eligible for their preschool assistance, but you can participate in courses and seminars which they conduct on positive parenting. Last of all you can look for topics like single parenting and single mothers through any search engine on the internet and get the required information. So if you are a single mother in search of parenting tips now you know where and how to get the required information.
If you require some parenting tips just now I can give you a few basics. As an adult you should be in control. Keep yourself composed all the time. This may not be easy, particularly when you find green finger paint all over your kitchen. The moment you become angry and irritable, you lose your composure. Such a situation may make your little child scared. To be successful always be composed and exercise control over your voice and actions.
Discover ways to get help from single parenting support group and resource on single mother support when you visit http://www.singleparentingfordummy.com, the online single parenting support resources for dummy
There are numerous ways to deal with various age groups. Confronting strategies for toddlers differ with those for teenagers. Your 16 year old boy is likely to make fun of you if he is told to spend some time in a thinking chair as he is being obstinate, stubborn and aggressive. On the other hand a few minutes time out will do wonders while tackling a 4 year old. So to be successful as a single mother you should have a set of parenting tips for each group.
Material regarding good parenting skills is widely available. A number of genuine and self proclaimed specialists are also around. A list of websites, books and other means in this aspect would probably require paragraphs. To make your life easy I would mention a few here. You can start with a library or a book shop. Single moms bringing up toddlers and smaller children will really benefit from the Parents Magazine. Unfortunately the major content in Parents Magazine is aimed at married parents. Among the various books available, you should go through at least a couple of them. Those who like Dr. Fan will recommend you his books. Dr. Terry Brazelton is an authority on child behavior. He is a father as well as a pediatrician. Even though a number of his books may be out of date, the attitude of babies and other children has remained the same since long. Last of all "The Well Trained Mind" is a good choice for those who want to train their children early.
A number of websites and organizations are available to assist single mothers with parenting tips. A renowned group is Parents without partners. They provide a wide range of information for single mothers. In the UK similar information is available on gingerbread. Early Start and Head Start Programs deliver the same services in the USA. You may not be eligible for their preschool assistance, but you can participate in courses and seminars which they conduct on positive parenting. Last of all you can look for topics like single parenting and single mothers through any search engine on the internet and get the required information. So if you are a single mother in search of parenting tips now you know where and how to get the required information.
If you require some parenting tips just now I can give you a few basics. As an adult you should be in control. Keep yourself composed all the time. This may not be easy, particularly when you find green finger paint all over your kitchen. The moment you become angry and irritable, you lose your composure. Such a situation may make your little child scared. To be successful always be composed and exercise control over your voice and actions.
Discover ways to get help from single parenting support group and resource on single mother support when you visit http://www.singleparentingfordummy.com, the online single parenting support resources for dummy
Sound Advice To Help You Save Now For Your Childs Education Using An Education IRA!
This investment retirement account (IRA) is useful to you as an investor to understand because it may be a good way for you to save for your kid’s education AND save on taxes. These plans are now called Coverdell Education Savings Accounts in honor of the late U.S. Sen. Paul Coverdell. Individuals can make annual contributions of up to $2,000 per child into an account that's exclusively for helping to pay higher education costs. The money contributed to a Coverdell account doesn't count against the $3,000 ($3,500 if 50 and older) annual total individuals may contribute to their combined personal individual IRAs.
The earnings and withdrawals from a Coverdell account are tax-free, but you can't deduct the contributions from your income tax because the account is for the benefit of the child, not the contributor. This is great for parents who are good savers and investors who want to make an annual tax-saving contribution that they can invest in the stock market toward the education of a studious and responsible child. In addition, if your child received a Coverdell ESA distribution, you now can also claim Hope Scholarship or Lifetime Learning credits. Just make sure you don't use Coverdell money to pay for the same expenses you use to claim an education credit.
The beneficiary (your child) of the education IRA must withdraw the funds by age 30 if they don’t go to college and pay taxes and penalties on it. However, the account can be transferred to a sibling or the beneficiary's child if they don’t pursue a higher academic degree or use it all.
Once you have the account open you can use the stock market to help finance your child’s education selling the stock at a high price after you have bought it at a low price using the techniques that I teach you in my course “The Blue-Collar Base Bonanza – What the insiders [definitely] don’t want you to know!”.
About the Author
Dr. Scott Brown, Ph.D., the Wallet Doctor, is a successful investor. Dr. Brown holds a Ph.D. in finance. The Wallet Doctor is sought after for investment advice and coaching. For more information visit Dr. Brown’s site at http://www.BonanzaBase.com or sign up for his investment tips at http://www.WalletDoctor.com
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