How to Pay For College: 11 Strategies for Savvy Parents

If you’ve got a child headed to college this fall, chances are they received their acceptance letters in March or April and are making plans as we speak. That means it’s go-time for you, too. If you don’t have a clear plan of action for funding your child’s education—or you do, but need some additional advice—we’ve got you covered. Paying for college is no easy feat, but there are a number of... Continue reading

New Year Financial Resolution: Saving to Go Back to School

New Year's is a perfect time to take stock of where you're at and the steps you need to take to reach your goals. Whether you're stuck in a dead-end job where you can't move up without more schooling, or you realize that you are just bored with the status quo, going back to school can offer the promise of a higher salary and more exciting work. By planning ahead to budget for the costs, you can... Continue reading

Life After College Roadmap

College can be the best years of your life. But what happens after graduation? With the tough economy, increased costs of living, and outsourcing of jobs, what's a recent graduate to do? We partnered with prominent blogger and author of Life After College, Jenny Blake, to develop a post-college decision making roadmap. Whether you live at home, are job hunting, or not sure what to do with your... Continue reading

Graduates Guide To Credit

Just when you thought grades were behind you, life throws you a curve ball. Instead of A’s, B’s, C’s, D’s, and F’s, you will now be judged, in part, based on your credit score! After you’ve sorted through all your sweet gifts, had the fun parties and celebrations, there will come a time (probably right about now) when you’ll have to start supporting yourself and learning how to manage your money... Continue reading

Financial Mistakes I Made During College

When I was going to college I made some big financial mistakes that wasted my time and money. I want to share them so hopefully, a current college student reads them and avoids them 1. I signed up for a credit card without a steady income. I forget exactly what was the small prize for signing up, but I remember getting my credit card to get something free. It had a high credit limit and... Continue reading

Money Management for College Students: Do Loans Affect Your Credit Score?

When you look at the breakdown of credit score factors, the biggest – at a whopping 35 percent – is your payment history. If you're still in school and not yet making loan payments, your credit score won't suffer. However, when you get out, the responsibility of making the payments falls on your shoulders. If you miss payments or fall behind regularly, you can do some serious damage to your score... Continue reading

Tuition Costs and Your Wallet: Are You Eligible for Financial Aid?

Investing in your education can boost your earning capacity, even if the value of your education doesn't become obvious when you first graduate. Determining the impact of tuition costs might seem a bit daunting, however. "The key to maximizing your investment is navigating financial aid," says Jason Steele, a certified college planner in Raleigh, North Carolina. Here are some tips to get you... Continue reading

Creating a College Budget for Your New Grad

Creating a Monthly Budget for a College Student When it's time to send your child off to college, you can give her the benefit of your life experience by helping her set up a budget and suggesting ways to live within it. While a few factors may have changed since your college days, you can help her reduce expenses and increase income with these money-saving tips. Creating a Budget If you haven't... Continue reading

How to Save on College Budget Busters

How to Save on College Budget Busters Sticker shock doesn't begin to express the reaction most people feel when they first look into college costs. At some private schools, tuition, fees, room and board, books and incidental expenses could easily pay for a new luxury automobile every year of attendance. Whether or not you have money socked away, there are ways you can stretch your dollars... Continue reading

College Savings Plans and Funds: Know Your Options

Personal Finance Tips for Starting a College Fund Saving for college can be daunting, with just one year of tuition costing well into the five figures. You can start saving as soon as your child is born. The sooner you start contributing, the sooner you can take advantage of the tax-advantaged growth offered by Coverdell education savings accounts and qualified tuition plans, also called 529... Continue reading