Dual Enrollment: The Pros And Cons You Need To Know

Dual Enrollment: The Pros And Cons You Need To Know

Each year, college costs rise a little higher. According to the College Board, the average tuition price for full-time in-state students rose by 2.3% in 2019-2020 to $10,440. And the increase was even higher at private institutions, rising by 3.4% to $36,880 per year. As costs continue to climb, so does student debt–now over $1.6 trillion in total. As a future student (or parent of one) what can you do … Read more

Beyond 4%: The Argument For Flexible Spending Rules In Retirement

Beyond 4%: The Argument For Flexible Spending Rules In Retirement

Michael Kitces recently conducted a study of the 4% rule to see if it holds true for longer time horizons. The William Bengen study that the 4% rule is based on didn’t test the 4% withdrawal rate on retirement periods of longer than 33 years. Yet many FIRE retirees may be in retirement for 40-50 years. Does that make the 4% rule too risky? Or, perhaps it’s too conservative?  These are the questions that Kitces’ study set out to answer. And … Read more

Federal Vs Private Student Loans: How To Choose

Federal Vs Private Student Loans: How To Choose

Unless you’ve earned a ton of scholarships or your parents are helping to pay for your education, your likely considering student loans. Currently, over 45 million Americans are dealing with student debt. There are many different types of student loans and they all fall into one of two categories: federal vs private student loans. Federal Vs Private Student Loans: Where Federal Student Loans Generally Win Federal student loans offer several … Read more

Refinancing Student Loans: Pros And Cons You Need To Consider

Refinancing Student Loans: Pros And Cons You Need To Consider

Each year, U.S. student loan debt continues to grow. Cumulatively, Americans now owe over $1.6 trillion in student loans. And according to Saving for College, over two-thirds of bachelor’s degree grads from the Class 0f 2019 graduated with debt–with an average debt load of $29,900. There are the key refinancing student loans pros and cons you need to consider. And the student debt situation is even more concerning for graduate students. … Read more

You’re Debt Free, Now What?

You’re Debt Free, Now What?

You’ve worked hard for months, possibly years, to become debt-free. For some of you, this may mean you’ve paid off your student loans and credit cards. And for others, it means you have tackled your mortgage as well. “Debt-free” is a term that means different things to different people, but if you’ve been laser-focused on a particular goal for a sizable amount of time and you’ve crossed the financial finish … Read more

Stocks Vs. Mutual Funds Vs. Index Funds Vs. ETFs: A Full Comparison

Stocks-vs.-Mutual-Funds-vs.-Index-Funds-vs.-ETFs

In the early days of the stock market, it was just that…a market for stocks. And while you can still buy individual stocks today, there are many different investment products vying for your attention, including mutual funds, index funds, and exchange-traded funds (ETFs). With four different popular investing options, how can you know which is best? Understanding the key differences and pros and cons of all four investment products will … Read more

Income-Based Repayment Plans: Are They Worth It?

Income-Based Repayment Plans: Are They Worth It?

One of the unique benefits of federal student loans is the ability to choose one of four income-based repayment plans. The beauty of income-based repayment is that your payment scales up and down with your income. But, as with any federal program, understanding the various income-based repayment plans and their accompanies rules can be a complicated and confusing task. Don’t worry. We’ve done all the research for you. In this … Read more

Make Extra Money With The 10 Best Side Hustles For Teachers

Make Extra Money With The 10 Best Side Hustles For Teachers

If you’ve chosen a profession in teaching, it’s probably because you truly love what you do. At the same time, you may have been looking into finding side hustles for teachers to help you earn extra cash and reach your Financial Independence goals. And as someone whose mom and grandmother were both teachers and who’s strongly considered becoming a teacher himself within the last 12 months, I can understand the … Read more

What Are The Best Types Of Student Loans?

What Are The Best Types Of Student Loans?

So you’ve done everything you can possibly do to save on college costs. You’ve searched for available scholarships and grants, you’ve applied for federal aid, and you’ve tried to pick an affordable school. And you still have a college funding gap. If I just described your situation, you’re not alone. In fact, over 45 million people (and counting) have had to take out student loans to help pay for college. … Read more

Roofstock Review: Ultimate Turnkey Investing

Roofstock Review: Ultimate Turnkey Investing

Roofstock’s mantra is that they make “investing in single-family rental properties radically simple.” And after taking a deep look into what they have to offer for this Roofstock review, that seems to be completely true. Investing in real estate isn’t as simple as other forms of investment. You need to find properties that can turn a profit, screen tenants, collect rent, deal with repairs, and the list goes on and … Read more