If you have already filled out the Free Application for Federal Student Aid (FAFSA), what are the next steps you should take in order to make sure you receive as much assistance as possible? Here are a few tips: Review – After completing the form, you will receive a confirmation page. On this page, you …
If your child is reluctant to fill out the FAFSA form, you may want to do it together. This will ensure that it gets done and that your child receives the optimal amount of governmental assistance for college. Here are a few things you should know so that you can provide support for your child. …
Parental Tips for Helping Students Submit the FAFSA Form Read More »
What should you know about the Free Application for Federal Student Aid (FAFSA)? There are a number of mistakes that students commonly make regarding this provision. Here are a few things that you will want to avoid. Waiting – Some of the funds that are provided in response to the FAFSA form are first-come, first-serve. …
I think we can all be honest and admit that the financial planning world is male-dominated. Yes, things are changing, and that is certainly for the best. However, while America is still getting used to women having as much control over their financial future as men, here are a few tips to help you stay …
Whether you are excited about the prospect of retiring at some point in the future or you are apprehensive because you are worried if you will ever be able to set enough money aside, these tips should be able to help you get a jumpstart on the savings process. Have a goal in mind – …
Tips for Kickstarting Your Retirement Funding Plan Read More »
Long-term care is something you really need to think about so that you don’t burn through your estate in your later years. According to AARP, 58% of women will need an average of 2.5 years of care, and 47% of men will require an average of 1.5 years of care. If you are in the …
A part of your planning for retirement should be knowing the right time to take your social security benefits. Here are a few key factors to help you take your benefits at the right time. Check your social security statement – You can do so here if you create an online account with the social …
When Should You Take Your Social Security Income? Read More »
Many people mistakenly think that life insurance is something you start thinking about when you get older. There are several issues with that line of reasoning. The glaring one is: what happens to your family if you tragically pass away young? What are other reasons to consider getting your life insurance now? #1 Age and …
Your financial portfolio needs to include a variety of funds and accounts. You have savings accounts, checking accounts, retirement funds, investment accounts, and so on. But could you be paying too much of your gains back to banks and investment companies in hidden fees? Here are a few things to consider. Conduct an Annual Review …
Are You Paying Too Many Fees on Your Funds and Accounts? Read More »
According to credit monkey, the average IRA balance is just over $100,000, and the average 401(k) balance is just under that amount. While that is nowhere near what the average person needs for retirement, it still puts a person miles ahead of the 45% of working-age households that report no savings for retirement. Do you …
