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Category Archives: Family Finances

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Mar102006

Sources of Education Loans

Education Planning, Family FinancesBy Henssler FinancialMarch 10, 2006

With the average cost of a higher education increasing, families often find that they need assistance to pay for their children’s education. If a student does not qualify for scholarships or grants, the next source for funds is an education loan. Currently, over 50% of financial aid comes in the form of loans.

Oct82004

Making Budgets Work

Family Finances, Personal Finance, Starting Out, TaxBy Henssler FinancialOctober 8, 2004

Missing your target on your budget does not mean your budget won’t work. You just need to set more realistic targets.

Sep102004

Importance of Budgets

Family Finances, Personal Finance, TaxBy Henssler FinancialSeptember 10, 2004

Every day we are surrounded by the realities of rents and mortgages, groceries, children and endless bills. A budget can help make it all work.

Jun112004

Funding an IRA for Children

Family Finances, Personal Finance, RetirementBy Henssler FinancialJune 11, 2004

With some simple planning, you can turn your child’s summer of mowing lawns into a well-funded retirement account

Sep192003

Alimony

Family Finances, TaxBy Henssler FinancialSeptember 19, 2003

A number of requirements must be met before divorce-related payments between spouses can be deducted by the paying party as alimony.

Aug302002

Understanding Your Personal Credit

Family Finances, Personal FinanceBy Henssler FinancialAugust 30, 2002

Your personal credit report provides prospective lenders a history of your borrowing and payment habits.

Jul122002

Divorce and Retirement Plan Assets: The QDRO

Family Finances, Personal Finance, RetirementBy Henssler FinancialJuly 12, 2002

A qualified domestic relations order allows retirement assets to be transferred to the other party’s retirement plan or IRA free of any current tax liability.

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