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December 2011 Volume # 3 Hello, I know the hustle and bustle of the holidays
December 2011 Volume # 3 Hello,
December 2011
Volume # 3
Hello,

I know the hustle and bustle of the holidays is just around the corner, but take a few minutes to read this month's newsletter to figure out if you need to do any planning before the end of the year!

IN THIS ISSUE

Be Good for Goodness

Sake!

Brad's Road Shows

I'll explain the concept of the "base year" in college planning!

Happy Holidays,

Brad's College Test

Challenge

Brad Recommends

Who We Are

Brad's College Test Challenge Brad Recommends Who We Are Brad Baldridge, CFP® College Funding Consultant /

Brad Baldridge, CFP® College Funding Consultant / Founder Baldridge College Solutions

UPCOMING EVENTS

Taming the High Cost of College!

They Know If You've Been Bad or Good, So Be Good for Goodness Sake!

I'm always amazed by what drivers will do when they think nobody is watching!

Thur. Jan 26 New Berlin West High School 18695 W. Cleveland

Wed. Feb 8 Menomonee Falls Community Center W152 N8645 Margaret Rd

Thur. Feb 15 Oak Creek High School 340 E. Puetz Road

Tue. Feb 21 Lydell Community Center Whitefish Bay 5205 N. Lydell Avenue

Wed. Mar 14 Range Line School Mequon 11040 N. Range Line Rd

Wed. Mar 22 Franklin High School 8222 South 51st St

While stopped at a red light on my way home from work last Tuesday, I couldn't help but to glance over at the car stopped next to me. There, in a little red Toyota, was a teenager checking her cell phone and painting her nails while the music in her car pounded my chest with every beat.

I'm pretty sure her behavior would have been drastically different if mom, dad or a college admissions officer were around.

So what does that have to do with college? Let me ask you this.

Would your financial behavior change if you knew the colleges were watching?

The correct answer should be yes by the way. You need to be financially very well behaved, especially when you know the colleges are watching.

"So when are colleges watching?" you ask. Great question! In order to explain, I need to teach you about the concept called the "base year" because that is when

Click here to register

Secrets to Winning Scholarship Money for College!

Tue. Feb 28 Franklin High School 8222 South 51st St

Tue. Mar 27 Lydell Community Center Whitefish Bay 5205 N. Lydell Avenue

Wed. Apr 25 Range Line School Mequon

11040 N. Range Line Rd

Click here to register

Greater Milwaukee

College Workshop

Sunday, March 4, 2012 Hilton Hotel Milwaukee

gmcollegeworkshop.com

Stay in Touch

Baldridge College

Solutions

10521 W Layton Ave.

Suite 200 Greenfield, WI 53228

414-529-9400

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colleges start watching.

The base year is the first tax year that you report to the college when you apply for financial aid. What most people don't realize is that the base year starts in the middle of your student's junior year of high school.

For example, if you currently have a high school junior (class of 2013) your base year will be the 2012 tax year. But you won't actually submit anything to the colleges until January or February of 2013 when you fill out your financial aid forms. The key is that the information that you put on the financial aid forms in 2013 is from your 2012 taxes.

For many people the goal is to keep their income as low as reasonably possible in the base year in order to increase the likelihood of receiving financial aid. Therefore, good financial behavior for the base year would include things like:

Realizing capital losses on your investments. Managing your income from your job, your business, or your rental property. Contributing more to benefits like flexible spending accounts, health savings accounts and cafeteria plans. Avoiding things that will increase your income like selling stock options, investments, or real estate.

There's another great strategy if you have a junior or sophomore. You have the opportunity to misbehave before your base year starts and get it out of your system! You may be able to do things financially before the colleges are watching in order to be in a better position when they are watching.

Parents of juniors have the remainder of 2011, so you need to move quickly. Parents of sophomores have until the end of 2012.

So what might you do if you want to "behave badly" on purpose?

Rebalance your investment Sock more money into retirement plans Sell things like stock options, investments or real estate Do a Roth IRA conversion Take bonuses early from your business or employer

So here's the bottom line:

Seniors: 2011 is your base year. You have now until the end of the year to do what you can to improve 2011.

Juniors: 2012 is your base year. You have now until the end of the year to do things that should not be done in the base year. Then do what you can to be good during 2012.

Sophomores: 2013 is your base year. You have the next year or so to get organized and planned for your base year, but don't delay it will be here before you know it.

So the next time your teenager heads out the door, remind them they should think twice about misbehaving because you never know who's watching!

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Brad's Road Shows

I'll be offering my

free 90-minute session will explain how parents can SAVE MONEY, SAVE TIME and REDUCE STRESS.

workshop

"TAMING THE HIGH COST OF COLLEGE!" again in the Winter/Spring. This

In addition, I will be offering my

will learn tips and tactics of how to greatly increase your odds of winning scholarships!

workshop

"Secrets to Winning Scholarship Money for College!" You

As always, I'm partnering with local Park and Recreation Departments to bring these to your community. These sessions run from 7:00 - 8:30 p.m.

For more details,

click here. I look forward to seeing you there!

TAMING THE HIGH COST OF COLLEGE!

Thursday, January 26 New Berlin West High School 18695 W. Cleveland Avenue

Wednesday, February 8 Menomonee Falls Community Center W152 N8645 Margaret Rd

Thursday, February 15 Oak Creek High School 340 E. Puetz Road

Tuesday, February 21 Lydell Community Center - Whitefish Bay 5205 N. Lydell Avenue

Wednesday, March 14 Range Line School - Mequon 11040 N. Range Line Rd

Thursday, March 22 Franklin High School 8222 South 51st St

Secrets to Winning Scholarship Money for College!

Tuesday, February 28 Franklin High School 8222 South 51st St

Tuesday, March 27 Lydell Community Center Whitefish Bay 5205 N. Lydell Avenue

Wednesday, April 25 Range Line School Mequon 11040 N. Range Line Rd

For more details and to register for one of these workshops, click here www.BaldridgeCollegeSolutions.com/workshops

Brad's College Test Challenge

This month's question comes from a study guide on American History and Social Studies originally published in 1966. The study guide was designed to prepare you for the College Board Achievement Test which have since been redesigned and renamed the SAT Subject Tests.

The fourth person that e-mails the correct answer to contactus@bradbaldridge.com Colleges that Change Lives by Loren Pope.

will receive a copy of

All Quiet on the Western Front is to World War I as The Red Badge of Courage is to:

A) the American Revolution

B) the Civil War

C) the skirmishes with the Barbary pirates

D) the Spanish-American War

E) World War II

If you think you have the right answer, click here to confirm it! NO PEEKING!!

Congratulations to last month's winner: Vickie Silver of Mequon!

Brad Recommends:

Colleges That Change Lives: 40 Schools That

Will Change The Way You Think About Colleges by Loren Pope.

I enjoyed reading this book because it gives a different perspective on the whole college process and why you're going to college in the first place. The first 33 pages introduce the book and give you a bit of background. The remaining 300 pages are profiles of 40 schools around the U.S. I found the profiles to be thought-provoking and interesting even if these colleges would never be on a student's list.

If your student is considering a liberal arts education or is looking for a small unique college, this book is

a must-read! This book is also a good companion to U.S. News & World Report's because it gives a

completely different perspective.

If you take the time to check out this book, let me know what you think!

Who We Are

Baldridge College Solutions specializes in providing customized planning using the latest tax, cash flow and academic strategies to help reduce college expenses for businesses and families. Founder, Brad Baldridge, is a College Funding Consultant and CERTIFIED FINANCIAL PLANNER Professional.

To learn more about us, visit www.BaldridgeCollegeSolutions.com

more about us, visit www.BaldridgeCollegeSolutions.com 10521 W. Layton Avenue Suite 200 Greenfield, WI 53228

10521 W. Layton Avenue Suite 200 Greenfield, WI 53228

414.529.9400

Brad@BaldridgeCollegeSolutions.com

Registered Representative, Securities offered through Cambridge Investment Research, Inc. a Broker/Dealer, Member FINRA/SIPC. Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Baldridge Wealth Management and Baldridge College Solutions are affiliated. Cambridge and the Baldridge companies are not affiliated.

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