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by Ken and Daria Dolan

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Last-Minute July Airfare Deals!

Tom Parsons, our good friend and CEO/founder of Bestfares.com, a discount travel website that tracks airfare changes, just sent us this news item about last-minute airfare deals if you're hoping to travel in the next few days.

We wanted to be sure you knew about it, so here's an excerpt from Tom's notice:

Arlington, TX -- United Airlines is offering a no-advance purchase system-wide airfare sale good for travel between June 27 and July 10, 2008. This is the first system-wide airfare sale offered by one of the six major legacy airlines since the Christmas and New Year's 2007/2008 travel period.

Travel is valid for this sale through July 10, 2008. No advance purchase is required. A two-night minimum stay is required (one-night minimum for Saturday departures). Tickets must be purchased no later than 11:59 p.m. eastern time on June 30, 2008.

There still may be some cheaper airfares between select markets. Those who are still looking for a good deal for the 4th of July weekend should be flexible and check alternate airports. The normal non-sale airfares can be as much as $2,000 roundtrip with no advance purchase. With these new holiday airfares ranging from $228 roundtrip for short haul flights to a maximum of $428 roundtrip for coast-to-coast fares, this gives many more travelers the opportunity to fly on a reasonable airfare during the extended 4th of July holiday travel period.

This United airfare sale has been matched by the majority of the legacy airlines.

For more information, including some sample cities and prices offered for this airfare sale, visit our friends at Bestfares.com.

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Child Savings Accounts

When opening a savings account for your child, make sure their Social Security number is used as the account's tax identification number. That way, as long as your child is under age 14, interest earned will be taxed at your child's lower tax rate, not at your tax rate. This rule holds true as long as your child earns less than $1,300 a year in interest.

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