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Showing posts with label Trends. Show all posts
Showing posts with label Trends. Show all posts

Saturday, May 14, 2011

Can you afford college tuition now ..?

With the cost of living on the rise I’ve heard concerns about many expenses but the one expense which has seldom been discussed in my circle is college tuition for the little one. Have we forgotten this expense is also on the rise ? student-loan-programs-2
The good news is you can pre-pay for college with a 529 plan. Lock in the cost of college today instead of being burdened by the cost of college tomorrow.
That sounds like a winner to me.
I’ve heard a lot of parents brag about how smart their child is and I usually wait for them to brag about their college fund only to be disappointed.
If I’m disappointed by your lack of planning just imagine how disappointed they’ll be. Having smart children is great. Having smart children with a 529 plan is much better.
Let’s face the facts leaving college with more debt then you entered isn’t a very good start on the road to success and yet this is the fate for thousands of college bound students who must rely on student loans.
This was also the case for both of my parents which leaves me to wonder how can two parents struggling with their own college debt prepare for their children’s college education.  Break the cycle.
For more information on pre-paid college plans read : An Introduction to 529 Plans

Saturday, January 8, 2011

8 Tech Companies to Watch in 2011

 

 

Grab your popcorn and Twizzlers, because 2011 is already shaping up to be an exciting year to watch startups and giants do battle for market share and big ideas. If you’re not sure which companies to look out for in the coming year, our writers and editors have submitted their expert picks below.

What do you think? Did we miss any promising tech companies (new or established) that you see making a big splash in 2011? We want — nay, demand — your forecasts in the comments below.


1. Minimal, Inc.


This Chicago-based design firm finished off 2010 by completing the most successful funding campaign in Kickstarter history. Its TikTok+LunaTik iPod Nano watch conversion kits raised more than $940,000 from more than 13,500 backers and garnered the kind of attention that should help launch this company to new heights in 2011. The gadget accessories market has a new player.

~ Josh Catone, Features Editor


2. StumbleUpon (StumbleUpon)


OK, so StumbleUpon has been around since 2001, so it’s not new to the scene. But with Digg (Digg)’s fall this year and StumbleUpon’s planned release of premium features and publisher pages early this year, it has the potential to scale and be exposed to more users. And considering it’s a big source of traffic for many news sites, it may start investing its time into figuring out how to leverage the site further and connect with its community on the site.

~ Vadim Lavrusik, Community Manager


3. Amimon, Inc.


This Israeli company has perfected its wireless HDTV system over the past years. Imagine plugging a tiny USB device into a laptop, and then displaying its output in full 1080p HD resolution on a monitor 100 feet away, with no lag. Amimon has already introduced one of its own products, but the big deal is the presence of its superior wireless HD standard (known as WHDI, or Wireless Home Digital Interface) chips built inside numerous other products, such as laptops, projectors, TVs and set-top boxes.

~ Charlie White, Senior Editor


4. Bloom Energy


If there is any company poised to revolutionize the energy market, it’s Bloom Energy. The Bloom Energy Server (a.k.a. the “Bloom Box”) changes inputs like natural gas or oil into clean, reusable energy. It’s actually a dynamic fuel cell that creates energy through a chemical reaction. The company has raised more than $400 million to date and is testing its technology with Google (Google), eBay, Wal-Mart and others.

~ Ben Parr, Co-Editor


5. Skype (Skype)


Its recent outage notwithstanding, Skype has been on an impressive run since its breakup with eBay. Usage is at record levels, and features like group video chat and deep Facebook integration have reminded us that Skype is a top tier consumer and business web company. In 2011, the company is likely to go public, and with it, face a whole new level of scrutiny and expectations. Google will also continue to gun at Skype with enhancements to Google Voice (Google Voice) (free U.S. calling for Gmail users through 2011 is an obvious sign of that), making the company all the more intriguing to watch.

~ Adam Ostrow, Editor-in-Chief


6. Tumblr (Tumblr)


With $30 million in funding in its coffer and increasing content curation (not to mention 14 book deals born from its blogs), Tumblr could be shaping up into a much more organized — and ad-worthy — hub for entertainment. We’re interested to see if the company spends that money wisely — and how.

~ Brenna Ehrlich, News Editor


7. Clicker (Clicker)


The connected device ecosystem is still evolving, in large part because of the battle over control between content publishers, device makers and consumers. Clicker is managing to avoid the battle itself and is instead focusing on making it easy for users to find content, irrespective of what service that content might use. The company recently branched into recommendations and has mobile apps, supports Google TV and the Boxee Box and has a killer web app.

~ Christina Warren, Mobile & Apple Reporter


8. inDinero


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inDinero is looking to replace much of what accountants do for small businesses, giving them a real-time financial overview of their company in the process. It changes how you track cash flows and expenses. It’s funded by Y Combinator and star angel investors and led by savvy entrepreneur Jessica Mah, who graduated from college when she was 19.

~ Ben Parr, Co-Editor

 

 

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Thursday, January 6, 2011

Things Babies Born in 2011 Will Never Know

 

 

Huffington Post recently put up a story called You're Out: 20 Things That Became Obsolete This Decade. It's a great retrospective on the technology leaps we've made since the new century began, and it got me thinking about the difference today's technology will make in the lives of tomorrow's kids.

More from MoneyTalksNews.com:
The 10 Commandments of Wealth
How I Crushed the Stock Pros Last Year
10 Tips For the Sleep-Deprived

I've used some of their ideas and added some of my own to make the list below: Do you think kids born in 2011 will recognize any of the following?

Video tape: Starting this year, the news stories we produce here at Money Talks have all been shot, edited, and distributed to TV stations without ever being on any kind of tape. Not only that, the tape-less broadcast camera we use today offers much higher quality than anything that could have been imagined 10 years ago -- and cost less than the lens on the camera we were using previously.

Travel agents: While not dead today, this profession is one of many that's been decimated by the Internet. When it's time for their honeymoon, will those born in 2011 be able to find one?

The separation of work and home: When you're carrying an email-equipped computer in your pocket, it's not just your friends who can find you -- so can your boss. For kids born this year, the wall between office and home will be blurry indeed.

Books, magazines, and newspapers: Like video tape, words written on dead trees are on their way out. Sure, there may be books -- but for those born today, stores that exist solely to sell them will be as numerous as record stores are now.

Movie rental stores: You actually got in your car and drove someplace just to rent a movie?

Watches: Maybe as quaint jewelry, but the correct time is on your smartphone, which is pretty much always in your hand.

mtn.phone.jpg
©Will D/flickr

Paper maps: At one time these were available free at every gas station. They're practically obsolete today, and the next generation will probably have to visit a museum to find one.

Wired phones: Why would you pay $35 every month to have a phone that plugs into a wall? For those born today, this will be a silly concept.

Long distance: Thanks to the Internet, the days of paying more to talk to somebody in the next city, state, or even country are limited.

Newspaper classifieds: The days are gone when you have to buy a bunch of newsprint just to see what's for sale.

Dial-up Internet: While not everyone is on broadband, it won't be long before dial-up Internet goes the way of the plug-in phone.

Encyclopedias: Imagine a time when you had to buy expensive books that were outdated before the ink was dry. This will be a nonsense term for babies born today.

Forgotten friends: Remember when an old friend would bring up someone you went to high school with, and you'd say, "Oh yeah, I forgot about them!" The next generation will automatically be in touch with everyone they've ever known even slightly via Facebook.

Forgotten anything else: Kids born this year will never know what it was like to stand in a bar and incessantly argue the unknowable. Today the world's collective knowledge is on the computer in your pocket or purse. And since you have it with you at all times, why bother remembering anything?

The evening news: The news is on 24/7. And if you're not home to watch it, that's OK -- it's on the smartphone in your pocket.

CDs: First records, then 8-track, then cassette, then CDs -- replacing your music collection used to be an expensive pastime. Now it's cheap(er) and as close as the nearest Internet connection.

Film cameras: For the purist, perhaps, but for kids born today, the word "film" will mean nothing. In fact, even digital cameras -- both video and still -- are in danger of extinction as our pocket computers take over that function too.

[Minivans Making a Comeback]

Yellow and White Pages: Why in the world would you need a 10-pound book just to find someone?

Catalogs: There's no need to send me a book in the mail when I can see everything you have for sale anywhere, anytime. If you want to remind me to look at it, send me an email.

Fax machines: Can you say "scan," ".pdf" and "email?"

One picture to a frame: Such a waste of wall/counter/desk space to have a separate frame around each picture. Eight gigabytes of pictures and/or video in a digital frame encompassing every person you've ever met and everything you've ever done -- now, that's efficient. Especially compared to what we used to do: put our friends and relatives together in a room and force them to watch what we called a "slide show" or "home movies."

Wires: Wires connecting phones to walls? Wires connecting computers, TVs, stereos, and other electronics to each other? Wires connecting computers to the Internet? To kids born in 2011, that will make as much sense as an electric car trailing an extension cord.

Hand-written letters: For that matter, hand-written anything. When was the last time you wrote cursive? In fact, do you even know what the word "cursive" means? Kids born in 2011 won't -- but they'll put you to shame on a tiny keyboard.

Talking to one person at a time: Remember when it was rude to be with one person while talking to another on the phone? Kids born today will just assume that you're supposed to use texting to maintain contact with five or six other people while pretending to pay attention to the person you happen to be physically next to.

Retirement plans: Yes, Johnny, there was a time when all you had to do was work at the same place for 20 years and they'd send you a check every month for as long as you lived. In fact, some companies would even pay your medical bills, too!

[Watch: Toddler Can Name U.S. Presidents]

Mail: What's left when you take the mail you receive today, then subtract the bills you could be paying online, the checks you could be having direct-deposited, and the junk mail you could be receiving as junk email? Answer: A bloated bureaucracy that loses billions of taxpayer dollars annually.

Commercials on TV: They're terrifically expensive, easily avoided with DVRs, and inefficiently target mass audiences. Unless somebody comes up with a way to force you to watch them -- as with video on the Internet -- who's going to pay for them?

Commercial music radio: Smartphones with music-streaming programs like Pandora are a better solution that doesn't include ads screaming between every song.

Hiding: Not long ago, if you didn't answer your home phone, that was that -- nobody knew if you were alive or dead, much less where you might be. Now your phone is not only in your pocket, it can potentially tell everyone -- including advertisers -- exactly where you are.

 

 

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