Banks and credit unions are the most common sources of personal loans. Both have positives and negatives, and it’s up to the borrower to decide which option is best. It’s important to know the difference between a bank and a credit union. Both banks and credit unions are publicly chartered, regulated institutions. Banks are for-profit […]

For you and many students like you, graduation from college does not come with a job. It can come with a pile of student loan debt. The average borrower in the college class of 2017 is expected to carry more than $38,000 in student loan debt, which may be accompanied by growing credit card debt, as […]

If student loans are your reality, here are some tips that may help you (from someone who is going through this too). Don’t ignore your student loans! I think everyone can agree that student loans are no fun to pay back, but ignoring them can have serious consequences (and it won’t make them go away.) […]

For a lot of us, the biggest downside to becoming a nurse is the thousands of dollars of debt that it costs to get our education. According to the Federal Reserve, more than half of students in 2018 took out some sort of student loan. And a recent CNBC.com report indicated that about 69% of students […]

Student loan debt has reached astronomical levels in the U.S., with 44.2 million Americans carrying an estimated $1.48 trillion in education debt. The average class of 2017 graduates left school with $39,400 in student loans. The financial burden of student loan debt proves heavier to bear for some borrowers than others. What’s Behind the Student Loan Debt […]

Invest in Companies That You Understand This might sound like common sense. But I’ve seen too many people invest in stocks (and therefore, in companies) purely based on advice from a friend, something they heard on the news or even a mere whim. All too often, I’ve heard the horror stories of stocks losing massive […]

When it comes to choosing the best investment and thinking about the best way to invest money there are lots of options to choose from. Choosing the best investment depends on whether you are saving for the short term, planning to invest for a couple of years, or saving for the long term. When it […]

The cost of higher education in the United States rises year after year, and many students are finding that they are unable to support themselves. There are a number of other avenues that you can explore when looking for sources of funding for your education. On-line Scholarship Search Research scholarship and financial aid options online. […]

Alternatively known as a Solo-k, Uni-k and One-participant k, the Solo 401(k) plan is designed for a business owner and his or her spouse. Because the business owner is both the employer and employee, elective deferrals of up to $19,500 can be made, plus a non-elective contribution of up to 25 percent of compensation up to […]

Refinance your student loans Your best bet to pay off your student loans fastest is to refinance student loans. Student loan refinancing allows you to combine your existing federal and private student loans into a new, single student loan with a lower interest rate. You can choose a fixed interest rate or variable interest rate, […]