Sootchy Blog

How Do You Teach Children Financial Responsibility?
Teaching your child about financial responsibility is a great way to prepare them for the world as an adult.

How Much Can I Gift My Child Tax-Free?
Gifting your child $15,000 to sit in a bank account won’t necessarily contribute much to their future.

5 Ways to Survive College on a Budget: Advice from a College Student
Getting through college without student loans can be tricky. Luckily Sootchy's Intern, Madi Vogt, is here to share her top five ways to save money during your time on campus.

Can You Use a 529 Plan for a Coding Bootcamp?
Learn how you can utilize one of the most popular savings accounts to help pay for a coding bootcamp. Jumpstart your career with a Sootchy 529 plan.

Sootchy Shares: Resources and Investing
Managing your resources is another small step that can have big impact on growing wealth. By looking at your resources objectively, you can make smart deicisons on how to invest them. Keep reading to learn more about how to put your resources to work for you!

Sootchy Shares: Compound Interest
Financial growth comes in many forms, but one of the most impactful is compound interest. Keep reading to learn more about how to make this marvel of finance work for you.

What Is the Best Way to Save for Your Child's Future?
Saving for a child's future can open many doors for them, but not all savings accounts are created equally. Learn the best accounts to save for a child's future.

Can You Roll a 401(k) into a College Savings Plan?
Learn everything you need to know about transferring funds from a 401(k) into a college savings plan from the Sootchy savings experts.

What Is the Best Financial Gift for a Child?
There are many ways you can contribute to a child's future financial success, but what will help them the most? Learn more with the Sootchy savings experts.

Can a Grandparent Open a Savings Account for a Child?
Starting a savings plan for your grandchild sets up limitless possibilities for them. Learn how you can start a savings account for your grandchild.

Sootchy Founder David Adefeso Featured in Forbes
Sootchy founder, David Adefeso, provides his expert insight on the state of student loans for one of the top business publications in the world.

Are Contributions to a 529 Plan Tax Deductible?
A 529 plan is one of the smartest ways to save for college because of the many benefits such as potential tax credits. Learn if you qualify for 529 tax deductions.

5 Ways to Survive College on a Budget: Advice from a College Student
Getting through college without student loans can be tricky. Luckily Sootchy's Intern, Madi Vogt, is here to share her top five ways to save money during your time on campus.

Is Middle School Too Early to Start Thinking About College?
It's never too early to start preparing for college. Learn how colleges treat middle school records, how to help your child think about their major, and how you can start saving.

What Is "Gift of College" and How Does It Work?
As the price of college continues to grow, families are finding creative ways to fund their education. Learn how you can take advantage of the "Gift of College"

Can Parents Pay Their Child's Student Loan?
It's important to understand the implications of paying off your child's student debt. Learn the ins and outs of covering student debt with a 529 plan.

Meet Asha Owens: Co-Founder of BestFit
Asha Owens and Rebecca Kwee combined their ideas to connect underprivileged high school students with college students to fight the issue of "summer melt.”

Should Parents Pay for Their Child's College?
With the exponential increases in college tuition, it's almost impossible to pay for school without debt. Should parents foot the bill? Learn more with Sootchy.

How Much Can I Gift My Child Tax-Free?
Gifting your child $15,000 to sit in a bank account won’t necessarily contribute much to their future.

Can You Use a 529 Plan for a Coding Bootcamp?
Learn how you can utilize one of the most popular savings accounts to help pay for a coding bootcamp. Jumpstart your career with a Sootchy 529 plan.

Who Maintains Control Over a 529 Plan?
Learn how control over 529 plans is determined and what the account owner and beneficiary can and cannot do with their 529 accounts.

What Is the Maximum Contribution to a 529 Plan in North Dakota?
Because of the power of a 529 plan, many people want to get the most value possible out of them. Learn the maximum contributions to a North Dakota 529 plan.

Virginia 529 Plans | College Savings Accounts in VA
there are plenty of options to customize your college savings with 529 plans in Virginia. Learn how these plans work so you can make an informed decision.

Can 529 Plans Be Used for Law School?
529 plans are flexible, tax-advantage savings accounts primarily used for college education. Learn how these accounts can also be used for law school.

Sootchy Celebrates: Mary McLeod Bethune
Mary McLeod Bethune left a legacy of empowering women and minorities through education and access to services. Read more about this amazing woman, and her impact on generations of Americans.

Sootchy Celebrates: Emma Hart Willard
Willard fought for women to have an education in subjects like math and philosophy instead of the ones taught at finishing school. In 1821, she founded Troy Female Seminary, the first school in the US to offer higher education to women.

Sootchy Celebrates: Patsy Takemoto Mink
Patsy Mink spent her career fighting for both gender, and racial equality, affordable childcare, bilingual education and was an author of Title IX, a federal civil rights law. She was also a woman of many firsts. Keep reading to learn more about her fight to empower women in education.

Sootchy Celebrates: Alice Freeman Palmer
Learn how Alice Freeman Palmer spent her life improving opportunities for women to attend college and emphasizing that education was crucial to their independence.

Sootchy Celebrates: Nathan Hare
Learn how Nathan Hare became one of the greatest pioneers of Black studies in America, and how his impacts still change the American educational system.

Sootchy Celebrates: Fanny Jackson Coppin
Learn about the life and legacy of the great Fanny Jackson Coppin, and how she was able to overcome oppression and prosper as a teacher, principal and lecturer.