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Education

Promise Zones Provide Free College in MI and Now TN!

Michigan Promise Zones: In 2005 A group of anonymous wealthy donors made a promise to the city of Kalamazoo: Children who  graduate from the Kalamazoo public school system will be able to earn a 4 year degree with no tuition cost to them. In 2007 legislation was passed in Michigan …

Retirement Planning Spreadsheet

Personal Finance Tracking Spreadsheets

These planning tools have been extremely helpful to me, and I hope that they will be beneficial to those reading this blog as well.  I have given them their own page here, and you can also access them by clicking on the link on the bar across the heading of …

Planning and Paying for College

Planning and Paying for college is a major undertaking for most families. I believe strongly that further education is important to our success as individuals and as a society. Further education does not necessarily mean a 4 year bachelors degree for a desk job. Mike Rowe of Dirty Jobs fame …

Roth IRA

Starting a Roth IRA for a Teenager

As long as an individual has earnings, he or she can open a Roth IRA and invest up to $5500 per year (or their total gross income, whichever is less). It does not matter where the money being invested comes from.  Some parents do a matching system where they will …