College Secrets by Lynnette Khalfani-Cox

If you’re a parent or student who is worried about paying for college, I feel your pain right now.


I, too, have college on the brain – mainly because my oldest daughter is a senior in high school and she’s presently filling out college applications.


She’s a terrific student and is even vying to be a 2015 National Merit Scholarship winner. But it definitely hasn’t escaped my husband and I that each of the schools on her list of college prospects has a sticker price between $55,000 and $65,000 per year.


With a son who is currently a freshman in high school, and another younger daughter now in third grade, I know we’ll need help in tackling total college expenses for three kids. I also want our family to be smart about paying for college – and to avoid student loans if at all possible.


That’s why I’ve been boning up on the fiscal aspects of lowering college costs. And I’m confident that what I’ve learned will not only help my family – but yours as well. [continue reading…]

6 loans you don't want to cosign

If you’ve been asked to cosign a loan to help out a friend or family member, you may need to think twice before signing on the dotted line.


The loan you are cosigning for may come at a price and if the borrower ends up defaulting on the loan, you could be responsible for a high-interest loan that takes years to pay off in full.


Keep your finances on a healthy track by avoiding being a cosigner on these types of loans: [continue reading…]