Kids and Money
What Kids Need to Know about Money
- How cash flow works and what it means
- How to distinguish between needs and wants
- Making choices Importance and power of saving
- Handling credit cards responsibly
- Establishing and maintaining a good credit history
- Relationship between earnings and taxes
Ten Steps to a Financial Education
Teaching your children to be financially responsible is one of life’s critical lessons. As your children mature, you will have many opportunities to teach them about good financial management, from kindergarten to adulthood.
Special 529 Benefits Exclusively for New Jersey Families
If you’re a New Jersey taxpayer or the student in your life is a New Jersey resident, you can take advantage of these features to help you save money when investing for education with the Franklin Templeton 529 College Savings Plan, offered nationwide by the New Jersey Higher Education Student Assistance Authority.
Saving For Education With 529s and the Effect on Financial Aid
The complex financial aid process can make it difficult to understand how financial aid is calculated, so often people make poor financial decisions, which negatively impact both the amount they save and their financial aid award. The following helps explain the financial aid formula, including how income and different savings vehicles can affect financial aid awards.
Franklin Templeton 529 College Savings Plan
As your child takes the first steps toward the future, it’s important that you take the first steps toward seeing that a college education will be a part of it. Franklin Templeton 529 College Savings Plan, offered nationwide by the New Jersey Higher Education Student Assistance Authority, is a great place to begin.