*sigh* Student loans. Nobody wants to deal with them, but without them, some would not be able to further their education. We have all heard at least one story that involved a ridiculous amount of student loan debt that would be enough to scare some away from getting a student loan in the first place. It is not at all bad to fear student loan … Continue reading Student Loans- Paying as go, paying off, how to handle
“[Graduates in debt] start out with an anchor that slows their progression toward future goals,” Ernie Almonte, chair of the AICPA’s National CPA Financial Literacy Commission, said in a statement. 41% of the more than 200 people (according to a survey from the American Institute of CPAs) said they have delayed saving for retirement, 40% have put off buying cars, and 29% have postponed home … Continue reading Don’t Let Student Loan Debt Delay You from Buying a House
We realize that this is a long post, but for anyone struggling with student loan debt, it is worth the read. For recent graduates, the stress of paying off a student loan can become nerve-wracking. As we mentioned in last week’s post, some student loans are interest-free for the first six months. If your income can allow you to do so, then paying them off … Continue reading How You Should Pay Off Your Student Loan
Are you in student loan debt? You’re not alone. The average college loan owed by the class of 2010 was up to $25,250 by the end of 2011. On a positive note however, on average, the credit card balances have dropped to $811, from a record of $3,173 in 2009. The percentage of students owning credit cards has also decreased from 84% to 40% within … Continue reading Credit Card Use Declines Among Students
With student loans hanging over your head, the steep prices of textbooks and the miscellaneous costs of living on your own, it’s inevitable that a lack of finances can make some of the most exciting years of your college life pretty stressful. A solution to these burdens though could be way easier than you think. Every college student loves a good deal, but who actually has the time … Continue reading Making the Most of Your Money at Stores
A new Wall Street Journal article shows that Americans are losing faith in the value of a college degree. With the rising yearly costs of tuition and fees, many do not feel as if the cost is worth it. With government budget cuts and the burden that student loans can place on you, it is easy to feel like skipping out on college may be … Continue reading Is College Worth the Expense?
It may seem like a challenge to improve the financial literacy levels among millennials, but we have the perfect tips to get you started. Everything we discussed in part one can easily be taken care of with a little follow up. Economize Once you get your first real job and go out on your own, it is tempting to feel the excitement of spending all … Continue reading Millennials Part 2:Tips and Tools for a Better Financial Future
Millennials comprise the generation of individuals born between the early ’80s and early 2000s. This group of individuals grew up with the internet and is comfortable with technology. Millennials are considered to be more/better educated than their predecessors, more ethnically diverse, and more economically active. Yet they are faced with great roadblocks like student debt and the economic uncertainty. As a generation carrying new personal … Continue reading Millennials Part 1: Their Financial Difference
The most exciting time is here – you are about to start college! You will get to manage your own schedule, and very importantly, your own money. It can be a learning curve – so let us help you with the first steps! Take these tips with you when you start college in these coming weeks: About credit – Your credit behavior now can make … Continue reading 7 Money Lessons For College Freshmen
If you’re a high school senior with graduation just around the corner, make sure you researched your college to know what you’re getting into. CBS Money Watch released an article last year with 25 state universities with the worst graduation rates. The noteworthy concern is that students start in school-take on student loans-and then do not earn a degree which would help their earning potential. … Continue reading 25 Universities with Terrible Graduation Rates
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