Monday, April 7, 2008

Money$$$$$$

Got your money together?? The economic stimulus check is coming based on your social. What do you plan to do with it?
Spend it?
Save it?
Invest it?
How about a little of all three! With the economy approaching a recession we need to be mindful and frugal. Did you know that investing in a 529 plan is so easy??? Most plans will allow you to contribute minimally $25 a month as long as it is a direct deposit. But lets stay in order give the max to your 401-k or 403-b plan, then either a Roth or Traditional IRA, and then your 3-6 month living expense fund and lastly your childrens college education. I'd actually work on the 3-6 month living expense along with the first suggestions.

Decrease your spending & live within your means. Know the difference between a want & a need there is a difference!!

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