Friday, April 28, is Teach Your Child to Save Day, and WECT News elected to share tips on kids saving from the NC 529 National College Savings Program.
It is key to save money for the future, even though it may seem far off. Kids begin learning their financial habits early, so it is important to ensure they learn the right lessons.
There are several ways to teach your child how important it is to save money for big financial goals,
Assets in the NC 529® Plan reached a major milestone Friday, April 21, 2017, surpassing $2 billion.
North Carolina’s National College Savings Program, known as the NC 529 Plan, originally launched with a single investment option and transitioned $9.5 million in assets and 2,185 accounts to a multiple option format in 2001. The current NC 529 Plan, with 13 different investment options, now has a fund balance of just over $2 billion and 135,524 active accounts,
The NC 529 ® Plan Encourages Parents to Talk to Their Kids about Saving Money on April 28
April, 2017 (Raleigh, NC) – April 28 is National Teach Your Child to Save Day and the NC 529® Plan is encouraging parents to turn their tax refunds into a teaching tool.
According to a study out of the University of Cambridge,
April is Financial Literacy Month. The goal of Financial Literacy Month is to help Americans become savvier when it comes to their money. From creating a budget to learning about investing, this is an ideal time to pause and evaluate your family’s level of financial knowledge. CFNC.org has several free online courses and materials to help users of different ages learn to better manage money.
If you find that your financial health is not ideal,
We’re going to celebrate College Savings Day (May 29) by giving away $1,529! Anyone with an existing NC 529 Account or who opens one is eligible to enter. Don’t miss out on a chance to add $1,529 to your college savings in the NC 529 Plan.
Just enter one time April 3 – midnight May 21, 2017, and the NC 529 Plan will automatically multiply your Drawing entry by the number (not the amount) of completed (received and processed) contributions you have made or will make between January 1,