Today, nontraditional students make up more than 40% of the student populace. That number is growing so fast that those in the field of education are reconsidering terms like “traditional.” When you’re a nontraditional student, you face your own unique sets of challenges. You’re a full-grown adult, independent of mommy and daddy. In fact, you […]
Archives for May 2016
This post was sponsored by Chase. The content and opinions expressed below are that of The College Investor. How would you feel if you spent years building up your personal assets and then in one swoop everything you worked for came crashing down? If you think something like that could never happen to you, you’re […]
When you’re young – say during college or in your 20s and 30s – life insurance is the least likely thing on your mind. Seriously, I’ve yet to meet a college student or recent graduate who’s given any thought to life insurance. But there are a lot of reasons why a millennial should consider life […]
The Fraud Research Center estimates that Americans lose $40-$50 Billion dollars to fraud every single year, and up to 17% of the adult population falls victim to some form of financial fraud in a given year. Most of us believe that we’re too smart to fall prey to financial fraud, but successful fraudsters trick smart […]
HSAs can double as a secret IRA and allow you triple tax benefits so that you can save for the future in a tax deferred account.
I’m a big fan of methods and orders of operations for doing things. I think that it is essential to have a set plan for executing tasks, especially long term tasks like saving for retirement. But what’s the best way to go about funding retirement? What is the proper order to save? Remember back in […]
It’s no secret that college isn’t cheap. It is, however, an investment in your future earning power. Whether you’re getting ready to head off to college or are a parent planning for your child’s future education, here are ten ways to save on the cost of college. Make sure you scroll down to the last […]
One of the most thrilling parts about growing up is detaching yourself from any monetary support systems you may have and becoming financially independent. Learning how to do so can be quite challenging for many though. Numerous college grads and students have financial responsibilities such as rent, health insurance, auto insurance, cell phone plans and […]
Last summer my husband and I bought a log cabin. We got what looked like an amazing deal on the surface but we went into the home buying process knowing that 1) taking care of a log home is more costly than owning many other types of residences and 2) our “deal” was going to […]
I’m a firm believer that you shouldn’t lend money to anyone for a personal reason. Lending to a business is an investment, and should be treated like an investment, but lending to a friend or family member is different, and should not be treated as an investment. The reason this topic comes up at this […]
It’s easy to think of doctors and lawyers as being immune to financial problems. Just about any doctor or lawyer in movies or television is portrayed as wealthy, and anyone in those professions would be hard-pressed to stir up sympathy from friends and family because of financial trouble. What those people don’t see are the […]
Student loans are an investment in your future. When you agree to receive a student loan you are making an “investment” in your future self by trading the student loan money for an education and the hope of increased future earning potential. However, as we all know, this perfect scenario does not always play out […]
By the time retirement rolls around, most Americans have saved less than half of the amount that experts recommend. Instead of being an unprepared statistic, make a resolution to max out your retirement savings, and let compounding interest bolster your savings. The IRS changes annual retirement contribution limits each year. As a result, it can […]
Here is the list of the best student loan debt blogs, including several financial personalities, resources from the government, and more.
Opening a 529 for your child is a great way to not only help save for education costs, but to also reap the other types of benefits of that comes along with these accounts. The problem, though, is that coming up with the extra money can be difficult. You first and foremost, you have to […]