Taking a year off before college is becoming popular in the U.S. but parents don’t always understand. Here are 4 ways students benefit by taking a gap year.
Students / Kids Money
Paying for college can seem like the most unattainable task ever — but it isn’t. Parents, if you want your child to go to college — and your child wants to go to — it CAN be done. Here are 8 great ways to pay for college including claiming unused federal funds, applying for grants, and other tips you may not have thought about.
Retirement money vs college money… As parents, we often put our children’s needs and desires ahead of our own — even if it means putting ourselves at risk. Our children’s education is no exception. We will sacrifice and put aside money for our kids’ college education, even if it means that we are not saving for our own retirement. Many experts advise against this.
Bad credit student loans aren’t that difficult to come by. Here’s everything you need to know about the ways to get a student loan when your credit isn’t the best.
After you’ve determined how you’re going to pay for college and then you actually start your college education, it’s time to turn your attention to getting the biggest bang for your buck from the time that you spend there. Here’s how to get your money’s worth from the time you spend in college.
I learned a lot from my parents about money. Or rather, I should say, I learned about how NOT to handle money. My plan is to NOT pass these financial disorders on to my own kids. Here are all the best tips for teaching kids about money.
Here are 8 things you can do to lower your college expenses including: applying to free colleges, taking college courses in high school, starting at a community college, starting with online courses, testing out of some classes, living off campus, living with your parents, renting text books.
If you’re a member of Gen Y, and you don’t have a savings account, then you probably don’t even care! Generation Y seems to be experiencing a quarter life crisis. Here’s what that means now… and for your future.
Is the cost of raising your family overwhelming? There’s a lot of great advice for parents out there. Some of the best tips are summarized here — including how to feed your kids healthier meals & snacks for less money.
These college students money saving tips help college students get a handle on their money now, so they don’t go horribly into debt into debt in the future.
If you’re anything like me, you might not know the cost of raising a child. Following are the types of expenses generally required when raising a toddler age 2-4. Included are average daycare costs, toys for toddlers, medical expenses, food, and clothing costs. I’ve even broken it down so you know the cost of raising a child per year.
As the economy worsens and parents find themselves short on money, more and more families are pulling young children out of daycare in search of other options. Here are some things to consider.
Since most people start giving their children more financial responsibilities in their teen years, it makes sense to teach them a thing or two about spending wisely, as well. Here are a couple of quick and easy tips that your teen will understand.
Do you realize that the average high school graduate lacks the basic skills needed to manage his or her own personal finances? In fact, most children tend to learn all of their parents’ bad financial habits and none of the good. Fortunately, there is hope…
I recently wrote about how adult kids living with mom and dad can put a drain on the parents’ retirement. But if you turn the situation around, it could actually be quite advantageous. Extended families are good for finances…
A large number of Generation Y is still living at home with mom and dad, in an effort to save for the future. While this means these adult kids will have more money in their bank accounts to buy a home and start a family, it also puts a strain on Mom and Dad’s savings. And they still have their OWN future to plan for.
Here’s a clever approach to teaching children about money. Give them a budget… no, I mean part of your actual household budget! Then, see how they do. Here’s an example where the kids became more responsible, as well as better shoppers and savers. See how it works…
The state of Georgia is facing serious financial problems. Georgia educators plan to fix this by adding financial literacy and financial planning to the state’s high school curriculum. This means they’ll have to remove 20% of social studies lessons to make room for the new finance and economics classes. Is is the right thing to do?
As a parent, the decision to give your child a credit card is an important one. Children need to understand the value of money before they have access to a line of credit. This article discusses some of the ways to teach children about money to ensure they do not rack up credit card debt in the future.
College tuition is increasing every year. In order to pay for a college education for your child, you probably should start savings when they are very young. However, an option to help the burden is college scholarships. There are loads of free money out there to mitigate the cost, its only a matter of finding them. This article gives a few tips to completing that process.
Student loan consolidation can be very cost-effective as long you know what to look for in a lender. This article discusses the benefits of consolidating your student loans and the best way to go about finding a lender.
The federal Perkins loan provides a way for those in financial need to pay for college. This type of student loan has a low flat interest rate and a long grace period.
Stafford federal loans are a great source for student loans. While subsidized Stafford loans are only available based on financial need, unsubsidized loans are available to all eligible students. I’ve outlines the application process as well as current interest rates and loan limits.
It is very important to know what kind of loans you are getting into when applying for student loans. By knowing a few questions to ask when researching loans, you are more likely to get the best loan for YOU.
We examine the projected net worth of American Idol winner, Jordan Sparks, and how this can teach us a lesson in the time value of money and saving for our own retirement.