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Help Paying for College in 2009, 2010

Friday, July 3rd, 2009

There are many options to help you ease the pain of paying for college.

Section 529

A Section 529 plan can help you prepare for the expense of paying for your child’s college tuition. The standard 529 plan allows you to prepay for college at the current rate for future use. This plan also allows the plan to be free from federal income tax. These plans are increasing in use as the price of college continues to increase annually. If this money is withdrawn for any other purpose than to pay for higher education, the funds will be taxed again.

Coverdell Education Savings Account

This is a type of savings account that will allow you to deposit up to $2,000.00 annually to save for college. Using this type of savings account will allow you to deposit this money and let it grow at a tax free rate. This plan also offers a tax penalty for withdraws for any other reason than higher education expenses.

College Tuition Tax Breaks

There are new tax breaks that allow you to deduct up to $4,000.00 of your college education expenses.

Qualified expenses include:

  • Tution

  • Books

  • Course-related supplies

With the rising cost of college tuition, now is an important time to start saving for the future but if you are already paying for college and did not plan ahead then take full advantage of all the available deductions. These tax deductions are fairly simple to take and can put money back in your pocket.

Double Your Car’s Mileage on Water?

Wednesday, February 11th, 2009

Can cars run on water?

With the ever growing problems of Global Warming, ‘Gas Saving’ products have popped up all over the place. Whilst some are scams, some are not – products like Water4Gas and WaterCarPro have proven to be the more reliable products.

And like any good online products, these manuals have a refund policy – in other words, if at any time that you are unhappy with the investment, you can always apply for a refund (within 60 days of your purchase).

Best of all, your refund queries are handled by a reliable non biased company – this ensures a smooth and quick turnaround of transaction.

So if you are considering products like Gas4Free, give it a go – and if it does not meet your expectations, just ask for your money back.

Lastly, if you believe your car will be running on water – you are setting yourself up for a big disappointment.

The key benefits of the Gas Saving products are -

 

     

     

  • Improving your gas mileage (not the horse power) – and save you money!
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  • Lowering your carbon emissions
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  • Possibly gettong a tax rebate from the tax department
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  • A blue print to making your own HHO generator to produce Brown Gas. FYI…The HHO kit is installed into your car, which then is connect to the car battery. Water is then used as part of the HHO solution to produce a cleaner gas for our environment!
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So give it a try and see if it comes to your expectations. And if you are clumsy with your hands, just hire a professional to do it on your behalf.