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

Yelp For Business Owners Review: Great Return On Investment (A Case Study)

Yelp For Business Owners Review Great Return On Investment (A Case Study)

When you own your own business, the right advertising can help your ideal customers find you. If you already advertise online, you may be familiar with services like Google AdWords and Bing Ads. But have you ever considered advertising with Yelp for Business Owners? If not, you probably should–especially if your target customers are people who live in your local area. Nick Keesey, from the TheOrganizedCouple.com, recently tested out Yelp’s … Read more

Choosing Your Health Insurance: A Guide For Open Enrollment

Choosing Your Health Insurance: A Guide For Open Enrollment

If you depend on the Health Insurance Marketplace for health coverage, open enrollment is an important time. First, it’s an opportunity for you to preview any planned changes to your coverage or premium. And if you’re unhappy with your current health insurance policy, open enrollment is your chance to shop around for a better deal. Even if you currently have private health insurance, it’s a smart idea to check during … Read more

Why You Should Look At Retirement As An Expense

Why You Should Look At Retirement As An Expense

Recently, the ChooseFI team received an email from Anders Skagerberg, a fee-only financial planner based in Salt Lake City. Anders describes himself as a “ChooseFI faithful” and says that he and his business partner, Brett, are always trying to motivate young people to get excited about financial independence. One of the strategies that Anders uses with his clients is to get them to think of “retirement as an expense.” In … Read more