Each quarter, I review debt and credit numbers from the Federal Reserve Bank of New York. I also watch the annual income and spending figures from the Bureau of Labor Statistics. I study this data because I want to understand financial health. I don’t want to show horror stories. I want to see the truth. […]
Summer is quickly approaching. And while summer barbecues and beach parties might be on the list , you have summer internships on your mind as well. It is not too late if getting a summer internship is something you are just now considering. You still have some time to research and reach out to internship […]
You’ve received your fat admissions packet, toured the campus, and even bought a t-shirt, but your financial aid package falls short of expectations. Maybe you didn’t get any scholarships or grants – just student loans. Or maybe you were expecting an amount much larger than what was offered. What can you do? You can appeal […]
How much you should have in a 529 plan to save for college for your children by age, including high and low contributions for public and private school.
Navient student loan servicing has allegedly been misleading student loan borrowers. What should you do if you think you’re a victim?
The math behind Uber vs. Owning A Car and why I decided to sell my car and take Uber or Lyft everywhere, including work.
We love to talk about resilience, entrepreneurship, investing and growing wealthy. But what if life doesn’t go according to plan? What if your house or apartment gets swallowed by a fire? What if you get hurt and can’t work? What if you die young? It’s not fun to think about, but risk management is every […]
Tax filing season may be the single best argument for living a life of simplicity. The Federal Tax code is arcane, but state tax codes put it to shame. Answering a question as simple as, “Where do I file my state income tax returns?” becomes a confusing labyrinth that leaves the average filer casting about […]
Is investing hard? Not really. At The College Investor, we believe that lazy investors grow rich. Investors rarely need to learn about anything beyond basic asset allocation. Once you figure out some jargon and automate a habit of sensible investing, you’re set. It’s easier than ever to start investing in publicly traded stocks and bonds. […]
Our list of 15 different free hobbies that require no money but can be a lot of fun (for you and the family).
When it comes to personal finances there are so many opinions that it can be hard to decide who to listen to. However, even with these varying levels of opinions there are also some personal finance rules that are non-negotiable. Remember, when it comes to your money, it’s just simple math. I’m a big believer […]
Let me begin by sharing a scenario with you. Jared has made the decision to purchase his first home. He has excellent credit so he has no concerns with obtaining a loan for his house. Jared applies for the loan only to be rejected by the bank. He’s a little confused so he pulls his […]
ACS Loan Serving, also known as ACS Educational Services (and owned by Xerox believe it or not), is one of the largest loan servicing operations contracted by the Department of Education. In recent years, because of complaints with ACS Loan Servicing, most of their Direct Loans were transferred to other Federal loan servicers by the Department […]
The single most popular trend in investing today is passive investing. Most people associate passive investing with low cost, broad based index funds like those you can purchase at Vanguard. But can you be a passive investor with a more complex strategy? M1 Finance thinks you can. Their innovative investing platform brings together the best […]
We review Quicken 2017 For Mac and look at the new features, but honestly are still left with a lot to be desired in investment management.
This post is brought to you by CJ Affiliate’s VIP Content Service. Thank you H&R Block for sponsoring this post. While this was a sponsored opportunity from H&R Block, all content and opinions expressed here are my own. Long gone are the days of just a W-2 and filling out a simple 1040EZ. Today’s tax […]