Recomended Resources: Web Development

Partners: ForecastInvest

Saving for your future while earning free college tuition scholarships.
Reducing the cost of college is not just about saving but also taking advantage of creative programs that help families offset the high cost of college. Wheaton,Il.- October 16,2004.Toys cover the floor, the telephone rings, the children are still not dressed and the bus is scheduled to be there in less than five minutes. It is a typical morning for David and Julie. With two children under the age of ten, life is a little hectic. Dealing with the everyday hurdles that life brings, many families are left with little time or energy to start saving for their children's education. The daily expenses of food, cars, mortgages and bills takes precedence over the distant thought of college. Families often find themselves waiting to start saving until they are more financially stable, striving to reach a goal that they may never attain. David and Julie, like many others, find it difficult to accumulate the extra financial resources needed to begin saving for college. However, unlike many families, David and Julie are saving for college by earning free Tuition Rewards™ scholarship credits for their children without excess market risk. Here's how. They are enrolled in a scholarship rewards program promoted by SAGE Scholars, Inc. and the Monetta Family of Mutual Funds. David and Julie are two of about 13,000 shareholders invested in the Monetta Funds. SAGE (Savings and Growth for Education) allows David and Julie to earn Tuition Rewards™ scholarship credits for their children to a maximum of either $15,600 or one-year's college tuition (per child) at a participating private school, whichever is less. Tuition Rewards™ credits are earned like frequent flyer miles, the credits never expire and accrue automatically, at no cost to the shareholder, based on the amount of assets invested in any of Monetta's funds, including the conservative Government Money Market Fund. Investors accrue credits based on 5% of their Monetta Funds' assets (2.5% of the account value every six months) with no affect on the Monetta fund account. "It's like knocking off two birds with one stone," says David. "I'm conservatively saving for retirement, while earning tuition credits for my kids." The Tuition Rewards™ that David and Julie earn can be used by their children at over 170 participating private colleges, a number that continues to increase. If their children decide not to attend a participating school, they can simply reallocate the Tuition Rewards™ credits to any other family member. They may enroll their children, nephews, nieces, grandchildren or any other family member as long as they have identified the participants before the student has begun their junior year in high school. To understand how the SAGE Tuition Rewards™ Program works take, for example, a couple who has emergency, savings or retirement funds totaling $10,000 invested in the Monetta Government Money Market Fund. By participating in SAGE, they would accumulate at least $500 worth of Tuition Rewards™ credits each year for their children until they reach college. This type of program would allow investors to save conservatively for such things as a new car, a home or retirement while at the same time accumulating Tuition Rewards™ credits for their children or grandchildren. The Government Money Market Fund offers a check redemption option for these major purchases. "It's like earning an extra 5% bonus on your investment at no cost to the shareholder," says Bob Bacarella, the Monetta Fund president. "Why keep money in a savings account when you can invest in a conservative money market fund and earn free tuition credits?" Monetta recently partnered with SAGE in order to provide current and future shareholders another method in which to save for college. The SAGE Program, however, is only part of Monetta's comprehensive college savings program, which encourages automatic investing through a disciplined, interactive savings and investing program that can be started at a child's birth. Monetta encourages financial literacy at an early age and offers a tutorial that both children and young adults can use to learn about money and investing in a fun and educational way. In terms of affordability, a Monetta account can be opened for a minimum of $250 with a $25 monthly automatic investment plan (AIP). "We're extremely pleased to have Monetta as a part of the Tuition Rewards™ Program" says Dr. James Johnston, president of SAGE Scholars, "Monetta's focus on teaching children the value of money and the need to save for the cost of education makes Monetta a natural fit for our program." The SAGE Program was started in 1995. It was developed by James Johnston, the former Director of Admissions & Financial Aid at the Wharton Graduate School of the University of Pennsylvania in an attempt to make private school more affordable. There are currently over 68,000 students enrolled in the program. For more information about SAGE and for a complete listing of participating schools visit www.sagescholars.com. For more information about Monetta Mutual Funds visit www.monetta.com or e-mail e-mail protected from spam bots or call 1-800-MONETTA for a free investment kit. *AIP Disclosure: The automatic investment plan program involves continuous investment in securities regardless of fluctuating price levels and investors should consider their financial ability to continue purchases through periods of low price levels. An AIP program does not assure a profit and does not protect against a loss in declining markets. The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1-800-Monetta, or visiting www.monetta.com. Read it carefully before investing. All investments, including those in mutual funds, have risks and principal loss is possible. An investment in the Government Money Market Fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. Tuition Rewards™ is a registered trademark of SAGE Scholars. This trademark has been licensed for use by the licensee. For further information about SAGE and a complete list of participating colleges, please visit Sagescholars.com.

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50

51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | 100