A 529 savings account is a college education savings plan that is used to help parents deal with the ever rising costs of college expenses. Unlike many of the other saving strategies, this one doesn’t involve buying any type of insurance and there are zero income limitations when it comes to either children or parents. [...]
Archive | Kids & Money
RSS feed for this section
The Coverdell Educational Savings Account vs the 529 Plan
A question many people looking to invest in their child’s education face is whether to go with a Coverdell educational savings account (also formerly known as an education IRA) or choose from one of the many different 529 plans available nationwide. This article will compare Coverdell vs. 529 plans and help you decide which one [...]
What is a Coverdell Educational Savings Account?
Coverdell education savings accounts are accounts that are created as a type of incentive to aid parents as well students in saving for educational expenses. The total amount allowed to be contributed for the designated beneficiary of the account is not allowed to be greater than $2000 a year. A beneficiary for these purposes is [...]
How to Find a Student Savings Account
Student savings accounts make it simple for students to manage and save their money while attending college. If you’re not sure of how or where to begin saving it is important to learn the basics. The sooner you learn financial responsibility the faster you’ll reach your goals and opening a student savings account is a [...]
How Do Saving Bonds for Kids Work?
Savings bonds for children are a great way to invest in a child’s future. Unlike many of the other kinds of Treasury securities offered, savings bonds are allowed to be owned even by kids. These education savings bonds are registered to one specific owner and therefore can’t be sold or bought by other dealers and [...]
Savings Account or 529 Plan?
Is saving money for college important to you? Have you heard about the 529 education savings account and want to learn more about it? Not sure if you should go with a traditional savings account or a 529 plan? If so, then this article is here to help you come to a more informed decision. [...]
The Problem With Student Loan Debt
I recently read an article in TIME Magazine showing how much student loan debt college students are graduating with. Student loan debt is actually on track to top $1 trillion this year. According to Mark Kantrowitz, publisher of FinAid.org and FastWeb.com, the average student loan debt for new graduates has reached $27,300. Add to that [...]
Kids Money Lessons in Earning, Giving, Saving and Spending
I’ve been more diligent about teaching my 6 year old daughter earning and other money lessons in the last few months. She hasn’t shown much interest in doing chores to earn money or even have money to buy toys until this year. I think that has partly been because of her age and also because my [...]
Teaching Children About Money: A Conversation with My Daughter About School Loans
My 7 year-old daughter, Ava, recently showed me why teaching children about money is so important even if we think they may not understand all that we are talking about. Ava just finished first grade. During the last week of school, her school had Award’s Day for the students. Ava got a gold medal (it [...]
Teaching Kids About Money: 3 Useful Tools
Financial education is largely non-existent in our public systems. With the increased popularity of online investing activities like stock and forex trading, it is imperative that parents take the initiative to teach their kids about money. In his best-selling book Rich Dad, Poor Dad, Robert Kiyosaki discusses the life-altering impact his Rich Dad had on [...]
How Kids Can Earn Money this Summer
Summer will soon be upon on us and this is the time of year that parents start thinking about how kids can earn money. The kids are interested in making extra spending money for their summer fun. It’s also a wonderful time for parents to help their children learn responsibility and a good work ethic. Depending on [...]
Are You Leaving an Inheritance for Your Children?
Isn’t it interesting how life’s bigger events seem to get people more serious about their finances such as leaving an inheritance for your children? I know when my wife became pregnant with our daughter; all sorts of questions were raised. Will you stay home with the baby or continue working? How do we pay off [...]
Welcome to One Money Design!
Hi, I’m Jason Price. I’m passionate about personal finance and helping people on their journey to true financial freedom! One Money Design is a personal finance blog based on Christian stewardship principles. We provide practical tips to help people work hard, spend wisely, avoid debt, save regularly and invest steadily!
The Money Map
Crown developed the Money Map to help people on their journey to true financial freedom. It's a proven, simple step-by-step trip that works for everyone. The map is easy to understand and follow. And every step along the way you’ll enjoy greater financial freedom.
Jason Price
"Now it is required that those who have been given a trust must prove faithful." (1 Corinthians 4:2).
Jocelin Boutet
"For I know the plans I have for you,” declares the LORD, “plans to prosper you and not to harm you, plans to give you hope and a future". (Jeremiah 29:11-14)
Jennifer Scheffel
"Our homes, imperfect as they are, must be a haven from the chaos outside. They should be a reflection of our eternal home, where troubled souls find peace, weary hearts find rest, hungry bodies find refreshment." - Jani Ortlund
Find a Coach
