Young Money

This week's advice

It's easier now to give a gift to 529 college savings plan

If you are like me and already thinking about your holiday shopping list, consider this for an idea: a contribution to a 529 college savings plan. A 529 gift can pay off big for college students, whether they are attending school this year or a decade from now. And thanks to new tools, it's becoming...

More from previous weeks

  • What to know about new student loan repayment option

    What to know about new student loan repayment option

    College graduates already have a number of repayment options for federal student loans, but starting in December a new one will be added to the bunch. Called Revised Pay As You Earn, or REPAYE, it is another type of income-driven plan that ties your monthly payment to your earnings. Like some of...

  • Tips for finding an apartment you can afford

    Tips for finding an apartment you can afford

    If you're a renter looking for an affordable apartment, you've got your work cut out for you. In a recent survey by Rent.com, an apartment listing website, 88 percent of property managers said rents increased over the last 12 months. Looking ahead to next year, 68 percent said they expect rents...

  • Tips to make wise health benefit choices in open enrollment

    Tips to make wise health benefit choices in open enrollment

    If you're young and healthy, picking a health insurance policy with the lowest monthly premium may seem like the way to go. But a lower premium often means signing up for a high deductible, or health care services you must pay for before insurance kicks in. And deductibles are rising. According...

  • Automatic 401(k)s boost savings for millennials

    Automatic 401(k)s boost savings for millennials

    Much has been made about the effect that the 2007-09 bear market has had on the investing habits of today's 20-somethings. The theory goes that coming of age during a severe market downturn will put you off stocks, and the risks they entail, for good. But a recent study by the Vanguard Center for...

  • Why you should consider holiday travel insurance

    Why you should consider holiday travel insurance

    Holiday travel can be rife with mishaps. Two years ago, for example, a storm that struck the Northeast the day before Thanksgiving caused more than 700 flight cancellations and thousands of flight delays. Airlines have to rebook you when a flight is canceled but they don't necessarily have to cover...

  • Book offers 'twisdoms' to help you pay for college

    Book offers 'twisdoms' to help you pay for college

    Paying for college is no easy task, but if there's anyone who has mastered the nuances of it — from getting scholarships to repaying student loans — it's Mark Kantrowitz. For the past three decades, Kantrowitz has been speaking and writing about financial aid and college costs. His publications,...

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