Wouldn’t it be nice if there were a magic formula or simple trick that allowed you never to have to worry about money or manage your finances again? While that may not be realistic, there are some simple things you can do right now to improve your money situation. Try […]

Direct loans are managed by third-party companies, known as federal student loan servicers. These firms perform functions such as collecting payments and helping borrowers select a repayment plan and access tools for pausing payments. FFEL program loans can be serviced by the holder of the loan or by third […]

An IRA is a valuable retirement plan created by the U.S. government to help workers save for retirement. Individuals can contribute up to $6,000 to an account in 2020, and workers over age 50 can contribute up to $7,000. There are many kinds of IRAs, including a traditional IRA, Roth […]

When you decide to invest your money, you are choosing to put it into a vehicle with the goal of receiving a return down the line. At some point, you hope that the money to put into an investment will grow. In most cases, you plan for little involvement on […]

To enjoy a comfortable future, investing is absolutely essential for most people. Why invest? Investing can provide you with another source of income, help fund your retirement or even get you out of a financial jam in the future. Above all, investing helps you grow your wealth — allowing your financial goals […]

The number one thing that scares off new investors is the jargon. The investment market has a ton of jargon. So, we’re going to give you the inside scoop to make it less intimidating. What is a stock? A stock, also known as a “share,” is a tiny ownership stake in […]

If your savings goal is more than five years away, putting some of your cash into investments could allow you to earn more from your money and keep up with rising prices. What are investments? Investments are something you buy or put your money into to get a profitable return. […]

You should always carefully evaluate how much money you will need to study in the USA. Then you will need to research and apply for scholarships, financial aid from your school, and find money from any other source, including family funds. After exhausting these avenues, most international students still have […]

Paying for college can be overwhelming. There are a lot of different costs that go beyond the expected expenses like tuition and room and board. If you take out a loan, you may be asking yourself, are there such things as interest free student loans out there? Low interest rate […]

What is an IRA? An Individual Retirement Account (IRA) is a type of savings account. It is designed to help US citizens and residents save for retirement by offering tax advantages. The money must be kept in the account until a specified age. What is the difference between a Traditional and […]