If you have to borrow money to help pay for college, you need to understand the differences between private student loans and federal student loans. Taking the time to understand what types of loans are available, and what your responsibilities are for paying back those loans, can help you make the most informed decisions about […]
Key Differences Between Federal and Private Student Loans Read More »
Unless you or your child has earned scholarships offering a full-ride for college, or you’re able to pay for school with your own funds, you’ll probably have to apply for financial aid or some type of college loan. After you complete your Free Application for Federal Student Aid (FAFSA), your college will send you a
Federal Student Loans Available Now: Key Facts You Must Know Read More »
The academic school year is already underway at colleges nationwide. And while many students and families may have scrounged up the funds to cover the first semester or quarter, the reality is that scores of families will struggle to pay tuition and other expenses throughout the full school term and beyond.
5 Key Changes to College Student Aid Programs Read More »
We all need to save money and time these days. This summer, my family spent a lot of money and time on travel – but we also saved big bucks too, and we preserved our time by not spending a ridiculous amount of hours and days scouring the web and hunting down deals. Instead, we
5 Tools I Use to Save Money and Time on Travel Read More »
Amid the tough economy, lots of people have tapped into their 401(k) plans or their Individual Retirement Accounts (IRAs) as a way to get money to pay their bills. Although a withdrawal from a 401(k) plan probably offered a short-term cash cushion, but it also has long-term tax consequences, particularly for those who were under
Want to Make A Withdrawal From Your 401(k) to Pay Bills? Think Again! Read More »
If you’re finding it difficult to keep up with your student loan payments, refinancing your student loans could help to reduce those monthly bills. A student loan refinancing usually occurs in one of three ways:
6 Tips When Refinancing Your Student Loans Read More »
Layaway is making a huge comeback this year, as retailers launch their layaway programs earlier than ever and more and more stores offer layaway payment options. For consumers, the primary draw of layaway is the ability to pay for gifts over time. Using layaway is sort of like implementing a forced savings plan for your
Can Layaway Help Your Credit Rating? The Surprising Answer Read More »
According to a recent survey from Prudential Financial, there are big differences between women and men when it comes to personal finance. So are the ladies or the guys doing a better job at managing their finances? And what can each group learn from the other? Here’s the lowdown on why, when it comes to money
Four Ways Women and Men Differ On Money Matters Read More »
It’s an awful feeling to get a bill in the mail that you can’t pay. Unfortunately, with about $1 trillion in student loan debt outstanding, a lot of people in America get that queasy feeling in their stomachs month after month because they can’t afford to make college debt payments. Fortunately, you do have options
Student Loans: 4 Options When You Can’t Afford to Pay Read More »
A reader of AskTheMoneyCoach.com recently wrote me dealing with a dilemma concerning her husband’s student loans. It turns out that the man had $150,000 in student loans that she only found out about post-marriage. The couple just got married a few months ago. Together, they make less than $50,000 annually. He earns $17,000 a year.
Should You Take Responsibility for Your Spouse’s Student Loan? Read More »
September is Life Insurance Awareness Month. And if you want to keep your finances in great shape, one of the most important financial decisions you need to make is choosing the right type of life insurance policy. Life insurance protects your loved ones against any financial hardship associated with your death and provides them with some financial security
Life Insurance Awareness Month: The 411 on Term and Whole Life Insurance Read More »
Right in time for Life Insurance Awareness Month this September, Northwestern Mutual has uncovered some interesting facts about women and life insurance. For starters, women feel significantly more secure than men in owning a variety of insurance products, according to a new poll from Northwestern Mutual. Ironically, though, many women are still underestimating their true
Women: Do You Have Enough Life Insurance? Read More »
Listen up Moms — and Dads! – if you want to save some serious money this September and the rest of the school year. We all know that school is back in session, so you’ve already shelled out a small fortune for your kids’ clothes, textbooks and school supplies. But what about all that other
Beyond School Supplies: Saving Money On All Those “Extra” School Expenses Read More »
Being financially savvy is enormously empowering for women, and can help you make important financial decisions throughout your lifetime. But all too often, many of us women feel as if our finances are out of control. Sometimes, things are going haywire because of events that aren’t of our doing – like when you get downsized
6 Traits of Financially Smart Women Read More »
As more homes go into foreclosure, you might be considering investing in a foreclosed property to generate some extra income. Foreclosed homes can be moneymakers in strong rental markets or if you’re able to sell a deeply discounted property for a higher price in the future.
Tips for Buying a Foreclosure Read More »
