Money advice tailored for students. Learn how to budget, manage student loans, build credit early, and save on college costs. Start your financial journey strong with tools and tips for young adults and college students.
Understanding these challenges and making the most out of your student credit card can set you on the right financial path for the future. The Basics of Student Credit Cards Before diving into the specific benefits and strategies for maximizing the use of your student credit card, it’s essential to understand what a student credit … Read more
From a student perspective, taking a car to college sounds like a great idea. Many parents, however, take a different stance. It doesn’t matter if you are a student or parent, there are things to consider before making this very important decision. If you don’t examine the pros and cons in great depth, it could … Read more
Unless you are an outlier, most people do not have a lot of money in college. It is imperative to find ways to save money in college. Also, for most college students, this is the first time really having to budget and manage money on your own. You might not know all the tips and … Read more
The start of the school year is just around the corner. Here are some strategies to help you save money on back to school shopping this year. Start by rounding up all of the school supplies you already own. You may already have plenty of school supplies lying around your house, forgotten at the … Read more
If you need to borrow for your college or post college expenses, you should know what borrowing options are available to you. Generally there are two major sources of student loans. Federal and private loans are available to individuals, however federal student loans are much more common. There are also advantages and disadvantages to each, … Read more
If you are in yours 20s (lucky you!), you have an amazing opportunity to build a solid financial foundation that will serve you well for the rest of your life. You also have a huge opportunity to reverse any bad habits or correct any mistakes you have made to date. Now you may know that … Read more
There is an issue I think needs to be addressed in public high schools. While the core classes like algebra, geometry, and English are critical, these schools are putting enough focus on everyday skills like personal finance. I think personal finance should be a core class in high school. Learning these skills in high schools … Read more
Student debt has officially gotten out of control. I was reading some interesting articles this weekend on student debt and I thought I would share some of the highlights. I am also not providing any kind of solution, but this has to be addressed. It may be too late, but the numbers below are just … Read more
As I discussed last month, a 529 plan is a great way to save for your children’s future. However, many people may not know what a 529 plan is and what kind of benefits it offers to you and your children. Below is a high level summary of what a 529 plan is. Please feel … Read more
This shocked me, but I read an article that stated there are over than 44 million borrowers who owe more than $1.4 trillion in student loan debt! That amounts to over $31,800 per person, which is a lot of money! While you may not be able to pay off the entire amount quickly, the ball … Read more
