Divorce can be unpleasant, particularly if your breakup occurs past the age of 50. There’s the emotional sting of dealing with a failed relationship late in life, the challenges of dating again and starting over as a single person, and of course, financial issues to tackle. Unfortunately, money matters can sometimes take a backseat to the […]
How to Safeguard Your Credit and Finances During a Divorce Read More »
It’s a common dilemma for parents of high-achieving students: their kid has gotten into an elite college, or even an Ivy League school, but now it’s time to pay the bill. For families who can’t afford to write the check, a common question emerges: is it worth it to pay for an education at a
Are High Priced Colleges Worth It? Read More »
There are countless types of credit cards available today, and many of them are tailor-made to suit specific spending habits and lifestyles. When choosing a credit card, it is important not to choose the first card offered to you, but rather to compare the different features offered by different credit card companies. Given the sheer
Choosing the Best Credit Card to Match Your Lifestyle Read More »
Many American colleges and universities provide tuition discounts in order to attract the applicants that they want most. The discount comes in the form of free money to cover tuition — like grants, scholarships or other merit aid from an institution that doesn’t have to be repaid.
Tuition Discounts: How to Get Free Money From College Read More »
We all know that college tuition is on the rise. But when you see that at many top public colleges’ total costs in America exceed $25,000 annually, and that costs for many excellent private schools are in the $50,000 to $60,000 range or more per year, it’s quite mind-blowing. Does it cost good money for
Why Your College Tuition Isn’t Going Where You Think Read More »
For most families, full ride scholarships are the ultimate financial dream—covering tuition, fees, room, and board for four years of college. With college costs soaring into the tens of thousands annually, it’s no wonder these scholarships are so coveted. But here’s the reality: fewer than 1% of college students receive a full ride. Still, they
Full Ride Scholarships: Rare but Possible Read More »
Rising college tuition can strike fear into the hearts of families looking for ways to cut college costs. But a lot of the fretting and handwringing by students and parents over tuition and fees is largely misplaced angst. In fact, one of the least understood secrets of paying for college is that in many ways
The Shocking Truth About College Tuition Read More »
If you’re not getting ahead financially, it may not be due to the economy, your boss or any other external factor. It could be that you’re the one hindering your progress—simply because you believe a host of money myths and economic lies. Money myths are extremely powerful, because they guide your thoughts and actions, including
Don’t Believe These Six Money Myths Read More »
The average family of four spends about $200 a week, or $800 a month at the grocery store. Wouldn’t it be nice to keep some of that hard-earned cash and use it to build your savings or help reach your personal goals?
How to Save $1,000 at the Grocery Store Read More »
Having a car on campus during college might seem like a convenience, but it can become a massive financial burden. If you’re considering driving your own vehicle while earning your degree, it’s crucial to understand the full cost. For most students, bringing a car to college drains money and adds avoidable stress. AAA estimates it
Why Having a Car on Campus in College Is a Huge Financial Mistake Read More »
Sending a child away to college – or going off to school on your own as a fully independent student – can prompt a boatload of worries about how to pay higher education expenses. While the rising cost of college is largely out of your control, what is in your control is a series of
10 Easy Ways to Lower College Costs and Avoid Student Loans Read More »
A reader of AskTheMoneyCoach.com had a question related to the discharge of her student loans. Although the inquiry was specific to her particular circumstances, it’s a somewhat common situation. So I’m sharing the question – and my answer – in an effort to help anyone wondering if they should ever pay someone to help get
Can You Pay Someone to Get Rid of Your Student Loans? Read More »
I am a huge fan of actor Bill Duke. In fact, I just watched him in one of my all time favorite movies, Predator (a must have for your man cave library). Now I’m an even bigger fan because I just found out that Duke is combining two of my favorite things: media and financial
Bill Duke Camp Teaches Media and Financial Literacy Read More »
Retirees on a fixed income often have a hard enough time making ends meet, often due to a lack of savings. Now a new survey suggests that many retirees – especially those relying on Social Security – are about to be further endangered by another financial threat: skyrocketing healthcare costs that few Americans are prepared
The Shocking Financial Threat to Retirees Read More »
Let’s face it,saving for retirement isn’t easy. It may be even tougher when you’re single. According to the 15th annual Transamerica Retirement Survey published last year, 45 percent of unmarried workers age 50 and older do not have a retirement strategy, compared with 36 percent of older married workers. If you have never been married,
3 Retirement Tips if You’re Single, Divorced or Widowed Read More »
