Daily Investment Tips

I came across the following story that parents can use to teach their children the importance of saving money and hardwork.

To Work Today Is To Eat Tomorrow

The fable concerns a grasshopper who has spent the warm months singing away while the ant (or ants in some editions) worked to store up food for winter. When winter arrives, the grasshopper finds itself dying of hunger, and upon asking the ant for food is only rebuked for its idleness. The story is used to teach the virtues of hard work and saving, and the perils of improvidence. Some versions of the fable state a moral at the end, along the lines of: “Idleness brings want”, “To work today is to eat tomorrow”, “Prepare for want before it comes”.

written by Constantine Njeru \\ tags: Ants, Fable, Grasshopper, Hunger, Importance Of Saving Money, Money Work, Parents, Perils, Tips On Saving Money, Virtues

Long time ago if you wanted free cash for college you just needed to apply for a scholarship, if you were lucky to get it, you were set for college. Another free source for free college cash was cash from parents and relatives.

Thanks to declining economy this sources of free college cash have dried up. Other sources of free college cash have come up.

Free College Cash Websites.

Websites such as Babymint.com, Littlegrad.com, Futuretrust.com and Upromise.com, allow registered users to earn points that go towards a a college saving account.

Credit Cards

Fidelity offers an American Express card that will rebate 2 percent of all purchases to a Fidelity 529. The money will be withdrawn to finance college education. Upromise also have a credit card where registered users can earn back upto 1% of every amount spent using the upromise credit card.

Another fabulous article on the subject is at USNEWS

written by Constantine Njeru \\ tags: American Express, American Express Card, College Education, College Websites, Credit Card, Credit Cards, Declining Economy, Fabulous Article, Fidelity 529, Finance Education, Free Source, Free Websites, Futuretrust, Littlegrad, Long Time, Money, Parents, Relatives, Scholarship, Upromise, Upto

Upromise.com allows parents to save college money for their kids. The college money is generated by rewarding parents for shopping at Upromise website or by using upromise credit card.

This is how Upromise college saving program works.

Parents and anyone else they recruit can register their grocery loyalty cards for free at Upromise.com. Anywhere from 1 to 3 percent of the value of the purchases will be rebated to a Upromise 529 college savings account in the name of the student the customer chooses.

To supercharge college savings, parents and others can also apply for and use a Upromise credit card linked to the student’s account. Those cards generate additional rebates of at least 1 percent of all purchases.

written by Constantine Njeru \\ tags: 529 College Savings, College Money, Credit Card, Kids Money, Loyalty Cards, Parents, Rebates, Savings Account, Shopping, Upromise