The Best Ways to Reduce the Interest Rate on Your Student Loans
Compound interest can be absolute magic for your finances if you’re investing your money or stashing savings in a high-yield savings account, but the opposite is also true. Compound interest is often charged on student loans as they capitalize, which means that interest is charged on interest that has accrued. Add to the fact that rates on student loans can …
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Here’s Your Plan to Retire in Ten Years
I’ve been investing with Fundrise since 2018. Disclosure: when you sign up with my link, I earn a commission. All opinions are my own. The average American has only a little over $200,000 saved for retirement by age 65. It’s a small wonder that 50% of married couples and 70% of individuals receive 50% or more of their retirement income …
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529 College Savings Plan Options for Illinois
Update 6/09/2020: Since writing this post, I now have 3 sons and a daughter! Also, Illinois has increased its state tax rates!! My family also now lives in Tennessee. 529 College Savings For Illinois As our son rapidly approaches the age of two, the scary reality is that paying for college tuition is just around the corner. We were fortunate …
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FreeTaxUSA Review
Doing your own taxes can be an overwhelming and confusing task, especially if you don’t have sufficient experience in tax return filing or if you have a complicated situation. Since hiring a CPA or other professional can be cost-intensive, many people opt to undertake the task themselves. Tax software became increasingly popular for preparing and filing federal and state returns, …
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Pulte Mortgage Review
A wholly-owned subsidiary of PulteGroup since 1972, the third-largest homebuilder in America, Pulte Mortgage gives customers a financing option that differs from those of banks and online lenders. As an imprint of the larger conglomerate, Pulte Mortgage leverages construction experience and a personal touch to take borrowers through the home purchase process, helping them understand their options and decide on …
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Here’s Everything Parents Should Be Teaching Their Kids About Student Loans
As a financial advisor, I have come to realize that most people worry about the consequences of their actions when it’s far too late. This is definitely true when it comes to issues like not saving enough for retirement, and it’s also true when it comes to issues surrounding debt. College student views on student loan debt are one example. …
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