Here are some very common mistakes that can cost you big time financially if you don’t prepare properly in advance.
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Entries by jbergner
When it comes to retirement, common wisdom is to start planning early. Most people, however, are so busy making money in their 20s, 30s and 40s that they neglect to plan.
Trying to find a free scholarship that your child qualifies for can feel like looking for a needle in a haystack. Even if you do find some possibilities, understanding how to fill out the application can be challenging.
Help your child figure out what income there will be (money from home, financial aid, a part-time job) and when it will be coming in (at the beginning of each semester, once a month, or every week).
Naturally, the smartest thing for any student to do is take out as few loans as possible, but often the student or family is not aware of their options.
Most people walk around with “What if?” questions in their head from time to time. Some of them are fun scenarios, like “What if I want to retire 10 years earlier than planned?”
Applying to college is a stressful time for both parents and children. Concerns over admissions requirements, test scores, essays, and total costs can make anyone dizzy.
The first question is will my child get accepted to the college of their choice and the second question is, will I be able to afford the tuition?
Many retirees overlook the cold hard reality that taxes will have to be paid on never before taxed income.
MKajoring in a subject(s) that one is strong in may end up yielding the best results.