Navient student loan servicing has allegedly been misleading student loan borrowers. What should you do if you think you’re a victim?
Archives for March 2017
Passive income seems to be the Holy Grail of personal finance. I mean when it comes to income, what could be better than earning without having to trade your time for dollars? There are two main routes to passive income – either you invest money to make it happen, or you invest time to make […]
Lacking self-discipline? You need to trick yourself into saving money. Here are three great strategies to do just that.
New to investing? Sick of high account minimums? Tired of paying trading, management, and rebalancing fees? WiseBanyan could be the solution to all of your investing frustrations. After witnessing firsthand the often misaligned values of financial advisors and their clients, combined with too high minimum investment amounts, and unreasonable fees the idea for WiseBanyan was born. […]
The math behind Uber vs. Owning A Car and why I decided to sell my car and take Uber or Lyft everywhere, including work.
If you’re struggling to save more money, you can use these money hacks to trick yourself into saving and see more wealth building in your bank account.
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. […]
There seems to be a common theme with the people around me who receive a large income tax refund: the money starts burning a hole in their pocket! When this happens, the money that was supposed to help improve their financial life turns into an inexpensive new car (or an expensive one with monthly payments), […]
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 […]
This is a guest post by Eric Rosenberg, a full-time freelancer and blogger at Personal Profitability. Eric writes about personal finance and entrepreneurship at InvestmentZen, his own blog, and other sites around the web. Your first day of work is a whirlwind. Meeting new people, getting your employee ID, learning your way around, figuring out […]
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 […]
Investment fees are one of the biggest culprits in reducing investment returns. Beyond the performance of your stocks and bonds, if you’re paying out a bunch of fees every year – you’re just losing money. While some investment fees are transparent, many fees are hard to spot, and harder to calculate how much they cost […]
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 […]
If you’re over the age of 25 you might feel like the odd-one-out if you’re thinking about going back to school. You shouldn’t, though. Nearly 40% of college students are considered adult learners, over the age of 25. Going back to school as an adult has some major benefits. First and foremost you’re far more […]