My Financial Goals for 2017

As 2016 comes to a close, I’ve been thinking more and more about what I want to accomplish in 2017. This contemplation has involved considering my strengths and figuring out how to address my weaknesses.

What I’ve discovered is that while I’m great a few things (which has helped me tremendously), I need to broaden and update my talents. I often feel like Joel McHale’s character in The Great Indoors: I have experience and knowledge that could be helpful and inspiring to others but I’m not as adept at reaching people.

Still, I don’t want to abandon what I know. Instead, I hope to build upon my background. So, my goals include continuing to improve on my strengths, addressing areas of weakness, and expanding my knowledge.

Here are my goals:

529 Plan Gifts, How to Ask

If I had young children and wanted to set aside money for their education today, I would choose a 529 Plan over a Coverdell ESA or UTMA/UGMA account. I’d also be smarter about the way I funded the account, either arranging gifts directly to an account (for grandparents, aunts, and uncles who ask what my kids want for birthday and Christmas celebrations) or placing cash gifts my kids received into an account. Here are tips on how to channel gifts to college savings.