Learning may not be top-of-mind for our children in summer, but their extra downtime offers some great opportunities for parents to teach practical le...
Fireworks, flags, food -- and pricey flights. The Fourth of July is simultaneously one of the most popular and one of the most expensive weekends to travel. While driving is a bit cheaper this year due to lower fuel costs, flying is as expensive as ever.
At Hopper, we're always excited when JetBlue announces a sale. It usually means low fares (in this case, starting at just $49 for one-way flights)...
Knowing how to calculate student loan payments is important for your overall financial stability. If you understand how interest is calculated over the duration of the loan period and how quickly it can add up, you might be able to save some money in the long run.
Small-scale investors are not limited to a handful of familiar options. These days, online platforms offer private individuals the chance to step into the same financial arenas as the biggest global financiers. Here are five attractive investing opportunities for you to explore.
When we make spending choices, we rarely think beyond the moment. However, whenever we spend our money on something now, we are giving something up later. This is what's known as opportunity cost. Understanding opportunity cost is one of the keys to making better financial decisions.
I recently got a phone call about a medical bill I had not previously received. It seems the hospital had an incorrect address on file, and though they sent four notices, I didn't get any of them. Now the $3,400 bill is in collections, and I can't pay it off in full. Is it too late for financial assistance? What are my options?
Next time you plan to have a sensitive or private conversation, take a moment to make that call in a private location. Remember also that neither emails nor text messages are secure forms of communication for your private information as well.
While there are numerous programs available for federal loan forgiveness, there are not many options for private student loan forgiveness. Students who have taken federal loans have more flexible terms due to the loans being connected to the government and, therefore, connected to public sector forgiveness opportunities to help aid career shortage regions.
The topic of Millennials opting out of homeownership has become a major phenomenon in recent years. There is plenty of research, as well as various theories, as to why this is happening. Wage stagnation, job instability, high debt levels, lack of ability to save for a down payment, and the need for employment mobility are commonly cited causes.
When you think of buying stocks, you're likely focused on selling them at a profit! After all, that's what stocks are all about: buy low and sell high! But stocks can provide an additional benefit for your finances -- one that is attracting more attention these days.
It's no secret that most college graduates will spend a large portion of their early careers paying back their student loans. Many borrowers do not graduate with just one student loan, but with multiple loans each with its own interest rate, repayment period, and fine print.
As the college graduating class of 2015 make their way into the world, many may find themselves facing strong economic and financial headwinds. Landing your first career position will be a job unto itself. But you'll also find yourself setting the stage for a lifetime of financial management.
The repayment period is set at 20 years. Any remaining loan balance after the 20 years is forgiven. A benefit of the PAYE repayment plan is that you make lower monthly payments.
My friend and fellow debt coach Michael Bovee sent me this very enlightening look at a reader situation and it presents an interesting option most nev...
If you're looking to attend college, there's a good chance that you might need financial aid. An important factor that determines student loan eligibility is the Expected Family Contribution (EFC). Let's find out how the EFC is used and calculated.
Student loan deferment, putting a pause on payments without facing penalties, is available to borrowers under special circumstances. In certain times, deferment is necessary to stay afloat financially.
Unfortunately, subsidized loans are only available to undergraduate students. You can also take advantage of this benefit if you choose to defer your student loans, however if you wish to put your loans in forbearance, interest will still accrue on a subsidized loans.
According to a 2013 American Express survey, the average family of four can expect to shell out over $4,500 for a big vacation -- a sum that can make even the coolest parents sweat. But what if you could turn that sticker shock into a family-wide exercise in responsible money management?
You just reached into your back pocket or purse to pay for lunch and it's nowhere to be found. The first instinct most people have is to panic -- that's understandable, but it doesn't really help much. First, calm yourself as much as possible.