For many, college is a time for brand new starts: new friends, new academic pursuits, new living situations and more. While some of these beginnings might come naturally, others aren’t as straightforward, like budgeting for the first time, looking for jobs or establishing your credit history.
Despite media attention surrounding student debt, which has grown to $1.59 trillion in 2021, most parents and their students still vastly underestimate the costs of college. In a recent survey by Fidelity, 1 out of 4 high school parents believes that a full year of college will cost $5,000 or less, $21,820 less than the actual average for a public four-year, in-state school.
Most people agree that keeping a budget is a good idea but how many faithfully do it? Like me, you’ve probably made a budget spreadsheet only to forget about it a few days later. I’m not proud to admit I’ve done this more than once, but why? Despite working in personal finance, I was influenced by budget myths. Are budgeting myths holding you back? Avoid these four misconceptions about budgeting and give your financial planning a fresh start. 4 Budgeting…
Children are notorious for asking hard questions, and it can be difficult to give them honest, age-appropriate answers. Yes, it’s okay to give a watered-down answer from time-to-time, but how exactly should you respond when they ask about your finances? In this blog, we’ll examine the importance of having money-related conversations and review the things that shouldn’t be shared with your kids. We’ll also offer advice on how to answer six tricky questions your children may ask about your money.
Summer is almost over, and that means back-to-school season is around the corner. Use our back-to-school budget spreadsheet to plan for your child’s school expenses and follow five tips to save money on your list.
The love we have for our furry companions is priceless, but it’s important to budget appropriately for their care. According to Rover, the average cost of owning a dog is between $650 to $2,115 a year, but that actual cost varies widely depending on the dog’s size, age, breed and health. If you already have a dog or are thinking of getting one, our guide can help you budget for their care, including the senior years when unexpected healthcare costs…
The end of a marriage is a stressful and life-changing experience. Separating from your spouse can do lasting damage to your finances. The longer it takes to finalize the divorce, the more damage is done. A study of 9,000 couples by Ohio State researcher Jay Zagorsky showed that long-term divorce wipes out 77% of a family’s wealth. The decline in wealth usually begins during a separation and gets worse in the months or years leading up to the divorce.
Booking flights is by far one of the most expensive aspects of traveling. Domestic and international flights can cost thousands of dollars per ticket. To save money, travelers are always on the hunt for tips and tricks. Unfortunately, not all the advice out there is up to date, and myths abound. I fact-checked some of the most popular claims to bring you the truth about how to book cheap flights.
Flight prices frequently change, making it difficult to feel confident you are getting the best deal. Will it go up tomorrow? Will it drop in two weeks? Should I buy now or wait? There is no crystal ball or secret sauce to guarantee you’ll always find the cheapest possible fare. However, there are plenty of things you can do to feel more confident in your decision. Use these seven tips from experienced travelers to book cheap flights.
It’s homebuying season! Demand for homes started growing in 2020 during the pandemic and shows no signs of slowing down. This is excellent news for sellers, who can get top dollar for their homes in a competitive market. On the other hand, buyers are facing new challenges that stand between them and their dream houses.