When I got my first job out of college, I was paranoid about making money mistakes, but I had no idea what I was supposed to be doing. I certainly didn't make all the right choices, but here are some common mistakes people make in their 20's Taking Out Too Many Loans In college, it's easy to think "Oh, I can just take out this loan now and pay it back when I get a job." Student loans are one of the biggest expenses for people in their 20's. … [Read more...]
Should You Join The Military To Pay For College?
Should you join the military to pay for college? Many are tempted, especially in the wake of the passage of the Forever GI Bill. At the time of this writing, that modification to the military’s education benefits means more education options for the service member. They include the ability to transfer GI Bill benefits to a qualifying spouse or child, and the housing allowance paid to those who attend in-person classes (or a reduced stipend for … [Read more...]
Canceling Student Loans Could Grow the U.S. Economy
Student loan debt. It's a phrase that strikes fear into the hearts of many. So many people, especially in the under-40 crowd are currently working to pay off their student loans. I have a number of friends who have had to put off buying a house because of their student loans. Young people are even holding off on having children until they pay off their student loans. A lot of these people entered the workforce just as the economy started to … [Read more...]
Oh no!
Today, I got this e-mail from a friend. I'm writing this with tears in my eyes.We came down here to England for a short vacation and i was mugged at gun point last night,at the park of the hotel where we lodged.All cash,creditcards and cell were stolen off me.Thank God we have our life and passport. I've been to the embassy and the Police here are not helping issues at all.They asked us to wait for 3weeks but we can't wait till then. Our … [Read more...]
Choosing a Path
Graduation season is upon us again. College graduates are making their way into the working world (or trying to, at least). High school students are heading off to college (or into the workforce). It's a scary time to be in either of those positions. It used to be that you would finish college and have a job already waiting for you. Now recent grads are working part-time jobs while job hunting for months or even years. High schoolers look … [Read more...]