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Thread: Frugal tip 3/11

  1. 03-11-2003, 08:13 AM #1
    Mom23boys
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    Lightbulb Frugal tip 3/11

    If you plan to sell an appreciated asset such as stock to help pay for your children's college expenses, sell the asset in the year prior to applying for financial aid. Doing so will keep any capital gain from being included in your current income. If you sell it the same year you apply for financial aid, you will look more prosperous than you really are.
    ~*Michelle*~

    ~Wife to Rick since Dec. 19, 1986~
    ~Mother to Richard, 23, Chris, 21, and Dakota, 17~
    ~Mother-in-law to Amber, wife of Richard~
    ~Elementary Teacher~
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  2. 03-11-2003, 08:45 AM #2
    CAGmomof2
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    Default Thank you for this helpful tip...

    Thank you for this helpful tip...
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  3. 03-11-2003, 02:07 PM #3
    PrairieRose
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    Default

    That's a great tip, thanks for sharing Michelle

    ~48 yr. old sahw, livin' it up in our empty nest, smack dab in the middle of everywhere.~
    *We're debt freeeeeeeee! (including the house)*


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