Time Magazine released an article last month titled, “Americans Are Taking on Debt at Scary High Rates,” and I couldn't agree more. It was probably about a year ago that I realized the shift was happening. People were no longer talking about how they were coupon clipping or saving money on gas. Nope, the shift had happened. It was 5 years since the infamous downturn and it seemed like people were starting to forget. Saving money was no longer cool and the shiny car was again a strongly desired product for many. Now, in 2015, the media was beginning to notice as well.[Read more…] about How to Avoid Student Loan and Auto Loan Debt When Everyone Else is Doing It
Student loan debt is a part of life for millions of current college and university students and graduates throughout the United States. Once the grace period ends on student loans, borrowers are required to begin what is in most cases the long process of repayment. Without making any changes to student loans, recent graduates are automatically put on a standard repayment plan that requires equal monthly payments over the course of ten years.[Read more…] about Deciding Which Student Loan Repayment Plan is Best for You
I earned my MBA in 2010, and I attribute quite a bit of my financial success to this degree. However, for many people an MBA may be unpractical or simply a waste of money. George Diaz recently finished his MBA at New York University, one of the top business schools in the country and, on a personal note, my grandpa's PhD alma mater. If you are debating getting an MBA, George's insights are particularly valuable. Read further to help you decide if you should get your MBA.[Read more…] about Should You Get Your MBA?
Over 40 million Americans have student loan debt, and the average balance people owe is hovering just below $30,000. With $1.2 trillion in outstanding student loans in the United States, it is important to understand how student loans work so you can get out of debt as quickly as possible.[Read more…] about How Student Loan Payments Work
Our world is in constant motion today, which means things are always changing, some for the good and some for the bad. Technology is taking off like a rocket, allowing almost all of us to have the most up-to-date news at our fingertips at all times. New jobs are opening up each and every day in fields that did not exist just a few short years ago. And, with continued growth in the economy, the stock market continues to rise. Times are seemingly good with all of this change. Well, that is all but one category: the cost of college.
Identity theft is on the rise in the United States. According to the IRS, 2013 saw record levels of identity theft. Almost all of us know someone who has had their identity stolen. Follow these ten tips to stay smart and keep your identity to yourself.