Sad to Glad: Helping Kids with College Expenses

Recently, another financial blogger I follow, headlined that the kids were on their own when it comes to college, and saving for retirement was her priority. I guess the children didn’t come in at priority 2 or lower when reading her posting. I was sad to see that, but it made me think of my experience.

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3 Biggest Mistakes Parents Make When Saving for Education

Providing education for you children is the core value of many families. We want to launch our children equipped with the best skills to face adult life. But for many families, it is still a challenge financially, emotionally & practically. I would like to point out a few loopholes parents need to be on look out for.

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The Worst Ways to Pay for College

Paying for a college education is daunting. Unless you’re able to catch a free ride at a military academy and pledge your life for six or so years of duty to country, then funding education becomes an onerous task for parents and students alike.

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Making Sense of 529 Plans

Earlier this year, my family welcomed its newest member, a healthy baby boy. As other first-time parents can likely attest, it’s a life-changing event on many levels. New responsibilities, altered sleep schedules, changing diapers, and a whole host of different worries.

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Conflict? Saving for Retirement and College

One of the most perplexing issues confronting parents is how to save for their children’s education and their other financial goals including retirement. Both retirement and college expenses require huge amounts of future capital.

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This year’s advice for HS and College Grads

It’s that time of year for high school and college graduates - a new phase awaits. It’s called a job. Transition to the workplace is one of the most difficult tasks many high school and college graduates face this time of year.

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3 Money Tips for a New Graduate

Spring is my favorite time of the year. We become more active with outside activities, start to travel and of course our expenditures increase. The month of May also means graduations and new beginnings for many young adults. I want to share with you the financial advice I wish I had received when I was in my 20s, but I didn’t. I had to learn the hard way! I became a certified financial planner. You don’t have to!

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College – It’s not for everyone (and that’s OK!)

If there is one theme I feel very confident in saying I run into in almost every planning encounter I do for families with young children, it's college planning. Yet the research I've done, using Pew Research Center, indicates only "56% of students earn degrees within 6 years". Combine this with an average student loan debt amount of almost $29,000 per borrower ($28,950, Institute for College Access & Success, 2015) and you have a recipe for financial disaster. Because if these students are not finishing their degrees, are they finding jobs paying enough to cover the loans, or did they fall victim to a feeling of failure and take unskilled labor positions?

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A Personal Finance Crash Course For Recent College Grads

A wonderful set of parents recently sent their son to me for financial advice. He was a new college graduate and was about to start his first “real” job. Prior to this session,...

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