Millennial households are earning now more than ever with a $69,000 median income. But most of them are still buried in debt and living with their parents. The lack of personal finance knowledge is to blame. Anyone can be quick to judge you on your financial decisions and management, but few will take the time …
Sparing your kids from the burden of student loans is the best thing you can do for them. We’ve already discussed college savings plans you can set up since they’re born, but what about using your retirement accounts? If you’re relatively new to personal finance and didn’t find out about 529 savings plans, or prepaid …
Each year an astonishing 54% of college attendees take on loans to pay for their education. That’s why student loan debt is and will always be the most common form of debt, hand in hand with credit card debt. Out of this number, 14% of adults are still struggling to pay off their student loan …
When our first child was born, we received a few gifts and loads of prayers and best wishes from family and friends. Sometimes, I wish we could convert some of those to cash. Later, I realized there was no single financial advice to prepare us for new parents’ and long-term financial implications. Not even from …
