Category Archives: Education

Why Getting a Degree Isn’t Always a Sound Financial Decision

The idea of getting a college education for the sake of learning how to think has become passé. Now, young people see college as an investment, thinking, “If I (or my parents) pay to earn a degree now, I can … Continue reading

Posted in Education, Making Money, Personal Finance, Work | 16 Comments

The Student Loan Tax Break Information Loan Brokers Won’t Tell You

I think almost every week I hear someone who makes over $70k a year mention their wonderful student loan interest tax deduction. It’s time to take a few minutes to educate the masses about the student loan interest. Plain and … Continue reading

Posted in Debt, Education, Taxes | 6 Comments

Student Loan Consolidation (Your Advice)

Knowing the best course of action to take on your student loans is often a difficult maze to work your way through. That is the question from this reader: I was looking into federal student loan consolidation on a $12,828.19 … Continue reading

Posted in Education, Personal Finance, Saving Money | 14 Comments

How to Start a Lending Library for Your Organization

Public libraries are great money savers for readers, but what can you do if your reading interests are more specialized than those of the general public? Many community organizations, historical societies, and places of worship offer small libraries of special-interest … Continue reading

Posted in Education, Personal Finance | Tagged | 23 Comments

23 Pieces of Advice that College Graduates Don’t Want to Hear

You’ve finally done it — earned that coveted diploma. You’re feeling a bit cocky. Your parents are wondering why they had to pay for your expensive education when you already knew everything. Now it’s time to enter The Real World, … Continue reading

Posted in Budgeting, Cars, Credit Cards, Debt, Education, Insurance, Personal Finance, Saving Money, Work | 13 Comments

Are You More Financially Adept Than A 5th Grader?

This is a question that Chicago Tribune columnist Gregory Karp asks in his latest column while giving the following quiz: 1. You desperately want a new baseball glove that costs $50 but you only have $30 saved. What should you … Continue reading

Posted in Education, Personal Finance | 3 Comments

What’s The Best Way To Give Allowance? (Your Advice)

Kids and money. It is an important subject, but one where if can often be confusing on what is the best way to teach financial fundamentals. That is the question that this reader asks: I am looking for suggestions on … Continue reading

Posted in Education, Personal Finance | 6 Comments

Can You Help Me Figure Out How To Afford To Attend College? (Your Advice)

Most of those who attend college don’t have their parents paying for it or have a scholarship that pays for a full ride. That means that they are responsible for at least a portion of the cost of going to … Continue reading

Posted in Education, Saving Money | Tagged , , , , | 9 Comments

How Should I Invest For My Kids’ College Education? (Your Advice)

If you have kids, one of the issues that you need to consider is what you are going to do about college expenses and if you do decide to save money to pay for college expenses, where is the best … Continue reading

Posted in Education, Personal Finance | 5 Comments

Your Car Is Not An Investment – And Neither Are Some Of the Other Things You’re Pretending Are

In order to justify expensive purchases, many people, including plenty of otherwise very intelligent folks, like to refer to certain types of spending sprees as “investments.” Luckily for me, from the time I was about four years old, my father … Continue reading

Posted in Cars, Education, Investing, Personal Finance, Shopping | 20 Comments

Using Son’s Gift Money For Something Else (Your Advice)

Sometimes a situation arises when you must make a decision on whether to use money that you had earmarked for a specific event for something other than its intended purpose. These financial decisions can be some of the hardest to … Continue reading

Posted in Credit Cards, Debt, Education, Medical, Personal Finance | 19 Comments

The Ten Best Things You Can Do For Your Children’s Financial Future

According to a recent Charles Schwab Financial Services survey of 1000 teenagers between the ages of 13 and 18, the average teenager believes that they will earn an annual salary of $145,000 a year. Teenage boys believe that they will … Continue reading

Posted in Budgeting, Education, Personal Finance, Saving Money, X Files | 9 Comments

How To Approach Any Financial Question

One thing that people often fail to realize is that personal finance advice in not cookie cutter information. Everybody’s situation is different and what may be appropriate for 99% of the people may not necessarily be the best for you. … Continue reading

Posted in Education, Personal Finance, Saving Money, Work | 3 Comments

“Free School” At A Cost Of $10,000

This isn’t your typical school. Imagine a school where there are no grades, classes, tests, or homework. Instead, the students, who range from ages 5 to 15, can do whatever they want all day. And for letting the kids do … Continue reading

Posted in Education | 3 Comments

5 Little Known Ways To Drastically Cut Textbook Costs

When it comes to getting textbooks for school at decent prices, most students know that the college bookstore is going to cost them more than most other places. They also know the basics on where they can find textbooks at … Continue reading

Posted in Education, Saving Money | 6 Comments

Free Language Courses

If one of the things on your to-do list in 2007 is to learn a new language, there is no need to pay a lot of money to do so. FSI Language Courses is a website that hosts the language … Continue reading

Posted in Education, Saving Money | 3 Comments

15 Places To Give Old Computers New Life

When people get a new computer, often their old computer ends up going to the landfill. That’s a shame because there are a lot of options out there which will keep the computer out of the landfill and bring it … Continue reading

Posted in Education | 15 Comments

Five Investments Everyone Should Make

This will not be the typical list of investments you probably would think you’d find on a personal finance blog, but it gets really boring reading personal finance advice when it’s the same everywhere that you go. That’s not necessarily … Continue reading

Posted in Education, Investing, Personal Finance | 13 Comments

College Costs? How About $36,600 For Preschool

I was running some number for my niece who is 16 months old and what her college is going to cost when I came across the LAUMC Children’s Center in the area where I live. These parents must be the … Continue reading

Posted in Education | 4 Comments

Coverdell Education Saving Changes

While 529 plans had their federal tax deduction permanently extended recently, Coverdell Education saving accounts lost some of their appeal. A nice advantage of the Coverdell saving accounts was that the money in the accounts could be used for private … Continue reading

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