In the last several years, the news has been full of stories about student loans. And there’s good reason for that. Student loan debt has recently become the largest category of debt in the United States, overtaking credit card debt for the first time in our history. And that’s why it’s no surprise that the… Read More
TIPS ON ASKING FOR A RAISE (AS REPORTED BY NELLIE AKALP ON WWW.MASHABLE.COM)
There are two sides to the wealth-building equation. Earn more and spend less. If you successfully accomplish both of those things, chances are good that you will grow to be more financially successful over time. But the problem with most personal finance advice is that it only focuses on one side of the equation –… Read More
WORKING LONGER HOURS INCREASES STROKE RISK BY UP TO 33% (AS REPORTED BY FINANCE.YAHOO.COM)
Working more hours is seen by many as a way to earn more money, but it may have consequences that will make you think twice about whether or not it’s the right option for you. In a recent study published by The Lancet, both men and women who consistently worked 55 or more hours per… Read More
8 TIPS TO HELP YOU GET A RAISE (AS REPORTED BY REBEKAH CURRY ON BLOG.PERSONALCAPITAL.COM)
Make more and spend less. At the end of the day, that’s what all the personal financial advice anyone can give you boils down to. If you make more money, and spend less money, your wealth will grow. You’ll be able to save and invest for the future. And while most people focus on the… Read More
Paying for College: 7 Tips to Reducing Costs and Getting More Financial Aid (as reported by Carly Stockwell of usatoday.com)
The average student loan debt in 2014 was nearly $30,000. A college education is just plain expensive and loans are more the rule than the exception. Still, most experts recommend that your total loan debt should not exceed the amount of money you expect to earn in your first year after graduation. If you only… Read More
Student Loan Default Rates (as reported by Libby Nelson on www.vox.com)
Libby Nelson, reporting for Vox, brings us an intriguing look at student debt. It turns out that there is a strange bit of data that shows quite clearly that students with less debt are more likely to default than students with more debt. The total outstanding debt a student has at the time they leave… Read More
Paycheck Explanation (as reported by Mandi Woodruff on finance.yahoo.com)
Getting a pay check feels good. But have you ever taken the time to read through every detail on there and really understand what it all means? It can be difficult if you don’t know what you’re looking at. This article from Yahoo Finance tries to help. It details every line item you’re likely to… Read More
5 Tips for Tackling Your Student Loans as a Couple (as reported by Dan Macklin at credit.com)
As more people graduate college with higher student loan balances than ever before, it’s rare to find a couple these days that isn’t dealing with debt. Couples are looking for ways to more effectively manage student loans. Whether one or both of you have student debt, there’s a good chance you’re dealing with more than… Read More
College Money Mistakes (as reported by Emily Guy Birken on www.moneyning.com)
Going away to college is hard enough for a lot of kids. It’s your first time away from your parents and you have to fend for yourself. All of the sudden, the world also now expects you to know how to handle your own finances. Fair or not, there are a number of financial threats… Read More
Health and Student Debt (as reported by Natalie Kitroeff on www.businessweek.com)
It is well understood that student debt is not great for your finances, but a new study of college graduates who left school in debt uncovered that student debt affects other aspects of your life as well. People reported worse health and higher levels of stress long after they graduated. The study, which covered more… Read More