Category - College

1
Financial planning for college: should you bother saving?
2
Give a Graduate the Gift of Financial Planning
3
What is the Best Way to Save for College?
4
Starting College – Credit Card Tips For You
5
Negotiate for Better College Financial Aid

Financial planning for college: should you bother saving?

Nobody wants to pay for something, then watch someone less deserving who gets it for free. A dear friend recently raised this situation: are you a sucker for saving, while somebody else spends freely and their kid gets more money from a college?

I’ll give a very qualified yes to this—there are a few situations where it doesn’t pay (very much, at least) to save for college. Let’s say you make under $75,000 a year and have no investments beyond retirement accounts. Your family probably will qualify for some serious financial aid, and would get less if you saved into …

Read More

Give a Graduate the Gift of Financial Planning

The 4 best financial gifts to give a college graduate (other than money)” is aimed at people who want to give a useful gift to a college graduate but you may want to also think about giving a gift that helps with financial planning to any high school graduates in your life as well.

Saving and Investing: The article offers two suggestions—either that you give a monetary gift with the stipulation that a graduate has to invest that money or you take the step of opening an account at a brokerage for the graduate and offer seed money …

Read More

What is the Best Way to Save for College?

As long as you start early or have enough income to pay for college, it doesn’t matter how you go about it, right? No! The method you choose or account type can have a huge impact on your out of pocket costs. Below is a comparison of four different ways to handle college costs.

4 Ways to Pay for College 1. Section 529 Plans

The money contributed to these accounts generally grows tax-free if the funds are used for college expenses including tuition, fees, books and room and board for many students.

2. Investment Savings Account

The earnings on these …

Read More

Starting College – Credit Card Tips For You

Parents hope for a better life for their kids and it starts with helping after high school. Along with newfound independence come new experiences and unknown responsibilities. One of the most important talks that should be had before young adults venture out on their own is how to manage money and especially how to handle […]Read More

Negotiate for Better College Financial Aid

You may not think of a college acceptance letter as the beginning of negotiations but it can be. You can graduate college without crippling debtLearnVest offers, “4 Tips to Negotiate Your Way to a Better Financial Aid Package” for those who want to leverage an acceptance letter to decrease their college tuition bill. With rolling admissions, you may not be asking at the exact same time as other students.

Don’t Just Show Up. LearnVest advises you to not simply arrive at the school’s financial aid office hoping to talk to someone. Instead, you should figure …

Read More

Copyright 2014 FiGuide.com   About Us   Contact Us   Our Advisors       Login