Author - Michael Rivas

1
How Much Is Too Much College Debt?
2
Why Average Investors Don’t Beat the Market
3
How to Make Room for Your Passion in Your Life and Your Budget
4
Why Your Retirement Is More Important Than Saving for College
5
Budgeting for Coffee Sucks, Try This Instead

How Much Is Too Much College Debt?

Over 44 million Americans walked away from their time in higher education with some amount of college debt. The total amount of student loan debt collectively carried by college students and grads today is $1.45 trillion, and the average 20-something-year-old borrower pays $350 per month on their loans.

There’s no question about it: student loan debt is a serious financial burden for many students, parents, and newly-minted grads.

Whether you’re considering college costs for a family member or want to go back to school yourself, you likely want to avoid dealing with student loan debt thanks to statistics like

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Why Average Investors Don’t Beat the Market

Most people invest in order to grow wealth over time. It’s only natural to want the biggest returns possible as part of that process.

But focusing on returns isn’t necessarily a sound investment strategy — and it could be part of what leads average investors to perform so poorly.

In fact, average investors don’t just fail to get big returns. They tend to underperform market indices that they invested in, like the S&P 500. In 2015, the S&P 500 index outperformed average investors by 3+% percent and they did the same with the Barclay’s Bond Index!

Theoretically, that shouldn’t

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How to Make Room for Your Passion in Your Life and Your Budget

Most of us have something that we absolutely love to do — and it’s usually a passion that allows us to express ourselves and our creative sides. Whether it’s music, art, writing, volunteering, or consistently picking up something novel and learning something new, we all have a passion or two that’s important to us.

But as you’ve probably noticed, life often gets in the way of that passion.

Why don’t we do what we love more often? In most cases, there are two major roadblocks that get in the way of pursuing your passion: time and money

If you want

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Why Your Retirement Is More Important Than Saving for College

Yes, it sounds harsh. But this is an important financial reality to understand: you should prioritize your retirement savings over saving for your kids’ college expenses.

This isn’t about loving your kids less. It’s about knowing how to prioritize your financial goals in the best possible way for both your sake and theirs.

And remember, putting your retirement needs ahead of saving for college doesn’t mean indefinitely choosing one over the other. You can balance both these competing goals and fund each at the same time.

Here’s why your retirement savings is that important — and how you can balance …

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Budgeting for Coffee Sucks, Try This Instead

Trying to cut back on your spending gets tedious when you focus on minute details. Yes, it’s important to track every dollar — but to feel anxious about spending on small purchases that you value because you’re trying to save more and spend less? That can quickly lead to budget burnout.

Preparing for and responsibly purchasing big-ticket items (from a laptop to a car to a house) is much more important than counting every last penny. Think about it. Does it make sense to stress over buying a coffee or spending an extra $1.99 to add guacamole but to have

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