In some households, parents take the responsibility upon themselves to put their kids through college. Because of this, they want control of the planning process as well. In other families, youths plot their own education course 100% independent of their parents. However, at College Planning Source, we find that the best results come when families […]
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Are you paying hundreds of dollars per month in student loans, or do you anticipate that you will be by the time you finish college? Here are a few tips to help you pay down those debts as quickly as possible. Don’t delay your payments – Start paying now unless you absolutely can’t afford to.
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When you ask a financial expert how much you need to save up before you retire, the answer will usually be “as much as you possibly can.” That’s because the real answer is about 20 times what you spend in a year (less any social security or pension you expect). Since that number usually exceeds
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Whether you have a small family, a large one, or you hope to expand your existing family in the near future, you also need to think about how your family would fare if you were to experience a tragic accident. When you consider how much life insurance you need, think about the following three factors:
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According to financial guru Dave Ramsey, retirement funding should take priority over funding college for your kids. Why does he feel strongly, and is there any way to save for both? Why It’s Smart to Plan for Both Some parents have gone as far as to take money out of their retirement funds to pay
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There are some families in the US that can afford to pay for college for their children. Then there are those who get plenty of help from the government due to having a need. But what if your family is somewhere in between? You make more than the middle class, but not enough to fully
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You know your family can’t afford to put you through college, and you don’t want to spend the rest of your life paying off a massive debt. That’s why students, even some from middle-class and upper-middle-class families, need financial aid for college. But does that even exist for your household income bracket? Here are some
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This is an important question for students (and parents of students) who intend to further their education after high school. Since the average American family pays well over $20k per year in tuition fees, very few have that kind of cash on hand. Here is a breakdown of some of your options for funding college.
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While parents often try to help their children to be able to fund a college education and there are numerous grants and scholarships available, most students still find themselves needing to fund some of their tuition and other expenses with direct student loans. Here is a brief comparison of four types of loans to help
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It can be intimidating to have one or more children in school. You may begin thinking about saving for college when your kids are still young, and that’s a good idea. What are some other suggestions for funding college? Here are a couple of things you need to know about: Start an education savings account
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