(Photo By Flickr User Kristina Zuidema)
Looking for unique gift ideas that your family and friends will appreciate? According to learningcenter.statefarm.com, you should consider one of the three financial gifts that will make a difference for this holiday season.
Just to name a few, here is a holiday finacial difference list:
For Young Children- Contribute to College:
With college costs rising each year, starting a college fund early makes sense. There are various savings options to choose from; some of which have the potential to grow tax-deferred and may qualify as a deduction on your state tax return.
For Teenagers or Young Adults- Book a Session with a Financial Professional:
Help a young person you love start off on the right foot financially by setting up a session with a financial professional. Contact your local insurance or banking agent about helping a young person in your life understand how to achieve their financial goals, such as saving for a car, while teaching them how to establish a budget and use credit cards responsibly.
For Friends or Relatives- Make a Donation:
If you don’t know what to give someone this year, contribute money or needed material goods to their favorite charity. This is a gift you can benefit from too; you may be able to receive an income tax deduction for your contribution.
If you like more informational tips and how-tos for family, finances, safety, or insurance, go to learningcenter.statefarm.com for more details.
