College financial aid includes grants, scholarships, work-study and federal student loans. Scholarships and grants are forms of aid that generally donât need to be repaid. Students who qualify for work-study are able to find part-time employment that can help them pay for college costs. Federal student loans are also considered financial aid, but unlike scholarships […]
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For a few years, I got to skip Dave Ramsey’s Baby Step 5. Save for our children’s college education? That was an easy oneâ¦since we didn’t have children, that answer was NO!
But now we have two kids (soon to be three), which means our days of delaying that decision are over. And since our oldest child is ten, we’ve already missed out on a decade of compounding.
Most personal finance experts, including Dave Ramsey and Suze Orman, recommend saving for your children’s college education only when your own financial house is in order. If you still have student loans, credit card debt, or anemic retirement savings, it’s much better to get yourself out of that hole.</
Imagine a day when a college degree takes just one year to complete. Tuition is free and, upon graduation, companies like Spotify and Lyft want to hire you. Adam Braun, founder of MissionU, wants that day to be now. Earlier this summer I spoke with Braun to learn more about his latest venture MissionU, a
The post Alternative Ways to Pay for College appeared first on MintLife Blog.
Some say that the best way to learn a money lesson is to learn from your past money mistakes, after all, you live and learn! Still, no one wants to make money mistakes, but if you’re going to get anything positive out of a money mistake, it might as well be a lesson in becoming […]
The post The 7 Money Mistakes That Shaped My Life appeared first on Making Sense Of Cents.
(This is Part I in a series about challenging traditional measures of financial success. Part II is Challenging traditional measures of financial success: Homeownership. Part III is The 9-to-5 job: Challenging how we earn a living.)
Not going to college was never really an option for me. “Don’t even joke about that,” my mom once said when I brought up the idea as a teenager.
My parents never went to college and believed they suffered financially because of it. Statistically, they may be right. According to the data, a bachelor’s degree can help you earn significantly more than a high school diploma.
Do you want to learn how to work and go to college at the same time? According to the U.S. Department of Education, 43% of full-time undergraduate students also work at the same time, with 10% working 35 hours or more each week, 17% working 20 to 34 hours per week, 7% working 10 to […]
The post How To Work And Go To College: 10 Tips That Will Help You Succeed appeared first on Making Sense Of Cents.
Itâs a common trope: going to college is expensive. Thereâs tuition, the overpriced cafeteria plan, and the cramped dorm room that costs more than your parentâs mortgage. College costs have outpaced inflation and wages for years, and the costs can be seen everywhere. Especially in textbook prices. According to data from the Bureau of Labor
The post How To Save Money On College Textbooks appeared first on MintLife Blog.
For some prospective college students, taking out student loans is a breeze. When you have a supportive parent there to explain the fine print and co-sign on the dotted line, all you really have to do is fill out some paperwork. But not everyone is so lucky. Even students without the support of their parents
The post How To Apply For Student Loans Without Your Parents appeared first on MintLife Blog.
For many, college is a door to a prosperous future, and it elevates feelings of excitement and brings a taste of freedom. Itâs a younger studentâs chance to become an adult, learning both life and book smarts. Itâs an older studentâs opportunity to broaden their horizons and grow their passion or career. For whoever is
The post How to Save for College: The Ultimate Guide for Parents and Students appeared first on MintLife Blog.
What does it take to earn $100,000? These six Millennials have landed six-figure salaries and have some helpful tips to help you do the same.What does it take to earn $100,000? These six Millennials have landed six-figure salaries and have some helpful tips to help you do the same.
The post How to make $100k+: Advice from 6 millennials who’ve done it appeared first on Money Under 30.