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Tag: Investing Advice

Why You Need to Open a UGMA/UTMA Account for Your Kids

January 30, 2021
 |  No Comments
 |  First Time Home Buyers, Student Finances

Saving and investing for college expenses may seem overwhelming, but setting aside even small amounts can give your child a head start. While many people are aware of tax-efficient investing accounts like 529 plans, you may not know about UGMA/UTMA accounts – another way to save for educational and other expenses.

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The post Why You Need to Open a UGMA/UTMA Account for Your Kids appeared first on MintLife Blog.

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How to Pay Yourself First

January 19, 2021
 |  No Comments
 |  House Architecture

Paying yourself first is a budgeting strategy that suggests individuals should contribute to a retirement account, emergency fund, savings account, or other savings vehicle before spending their paycheck on anything else. The pay yourself first method is a pretty simple…

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The post How to Pay Yourself First appeared first on MintLife Blog.

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Why UGMA/UTMA Accounts Are the Perfect Holiday Gift

 |  No Comments
 |  First Time Home Buyers, Student Finances

If you have a special child in your life, you may be wondering what to put under the tree this year. One long-lasting and truly meaningful way to show the child in your life that you care is by taking…

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The post Why UGMA/UTMA Accounts Are the Perfect Holiday Gift appeared first on MintLife Blog.

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