Budget Shopping for Kids

Written by Kathryn Finney


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Although Old Navy is great place for basics like Cargo pants,repparttar really cool stuff is at GAP. Bright colored lumberjack jackets and knit caps will keep your little guy looking stylish. Another good place is Marshall's and T.J. Maxx. Usually both these stores have nice suits from designers like Polo Ralph Lauren for such a bargain that you could also pick them up a little toy to make up for forcing them to go shopping.

Dressy Outfits

When you want to spend a little more on either a good suit or party dress, head torepparttar 110603 outlets ofrepparttar 110604 big expensive department stores, like Neiman Marcus, Saks Fifth Avenue, and Nordstrom also have children departments. Go torepparttar 110605 main site of these stores to findrepparttar 110606 outlets nearest you. You can find designers like Betsey Johnson and Ralph Lauren for kids. Nordstrom has an amazing selection of shoes for little ones as well.

Saving Grace- The Internet

The Internet has revolutionized shopping for children. Long gone arerepparttar 110607 days of having to meander through stores with three-year-olds. Check out these great online stores:

Zappos.com- Great selection of shoes from designers like Bibi and Kenneth Cole. Target.com- Cheap and Cool. A great combo. Overstock.com- A wide selection and rock bottom prices. Great for coats. Babystyle.com- Keep your favorite infant stylish with clothes from this online fave.

Kathryn “The Budget Fashionista” Finney is the Chief Shopping Officer and Founder of Kate Magazine and The Budget Fashionista- the original shopping blog. She is also the Chief Shopping Officer of TBF Group, LLC, an internet based company focused on providing the best shopping and fashion advice on the web.


Creating Estate Tax Savings For Your Child Using A Roth IRA

Written by Richard A. Chapo


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As a parent, it is vital that you teach your childrepparttar value of money. Opening a Roth IRA gives yourepparttar 110602 opportunity to sit down and teach your childrepparttar 110603 value of saving and investing, instead of yelling at them to clean their room. While a parental lecture onrepparttar 110604 need to save money would typically meet with glassy eyes and yawns, your child’s attitude will undoubtedly change when you are talking about their money.

Work and Maturity Issues

Before you rush out to open a Roth IRA for your child, you must determine if your child is eligible to open an account. To open an account, your son or daughter must be working at least part time for an employer that reports their wages to repparttar 110605 IRS. Hiring your child to take outrepparttar 110606 trash each week is not going to cut it, nor will this strategy work for your 5 year-old. Many teenagers, however, have summer jobs that should suffice for IRS consideration. To avoid any trouble, you should consult with your tax advisor.

A more sublime issue concernsrepparttar 110607 maturity level of your child. Keep in mind thatrepparttar 110608 Roth IRA will be opened in their name. Your son or daughter will haverepparttar 110609 legal right to do what they will withrepparttar 110610 account. It is strongly suggested that you clearly explainrepparttar 110611 consequences of taking money out ofrepparttar 110612 account [taxes, penalties, being cut out ofrepparttar 110613 will, forced to eat healthy food, grounded for life, etc.] butrepparttar 110614 decision lies with them. As difficult as it is, try to be objective in evaluating how you child will react to having money sit in an account. If you have doubts, you should probably investigate other tax saving strategies.

Opening a Roth IRA for your child can be a very effective means of leveraging your estate. If your child exercises restraint, your relatively small contribution to their Roth IRA can grow into a sizeable tax-free nest egg.

Richard Chapo is CEO of http://www.businesstaxrecovery.com - Obtaining tax refunds for small businesses by finding overlooked tax deductions and credits through a free tax return review.


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