All Financial Advice & Planning Articles

financial advice & planning

5 Ways To Save for College

Open a 529 Put Money into a Custodial Account Open a Coverdell Education Savings Account Start a Roth IRA Open a Traditional Savings Account College tuition is frightfully expensive and out of reach for most families in America. What’s worse is that the fees keep increasing every year. Most families take on thousands of dollars …
pause on student loan payments
financial advice & planning, student loans

Student Loan Payments Paused Until May 01, 2022 – Should You Pay Anyway?

There are some compelling benefits to making federal student loan payments even though the pause has been extended. However, this may not necessarily be the best option for everyone. Whether you should pay or not depends largely on your financial circumstances. The student loan pause or forbearance was initiated by the federal government in 2020 …
should i refinance my federal student loans
financial advice & planning, student loans

Should I Refinance My Federal Student Loans Before The Moratorium Ends?

The federal student loan moratorium is set to end May 1, 2022. Loan payments as well as interest are set to resume after that. The question on most borrowers’ mind right now is: ‘Should I refinance my federal student loans before the moratorium ends?’. It’s not surprising that everyone’s got refinancing on their mind. Interest …
student loan payments restart
financial advice & planning, student loans

12 Things To Do Before Student Loan Payments Restart On May 01, 2022

Initiated as a COVID-19 emergency relief measure in early 2020, the student payment pause has been extended several times over the past two years. The latest extension was announced by President Joe Biden in mid-December 2021. According to that announcement, student loan payments restart on May 01, 2022. The two year payment pause has given …
financial advice & planning, financial aid

How to Read Your FAFSA Results

You must file the FAFSA or Free Application for Federal Student Aid in order to qualify for any type of federal or institutional financial aid for college. After you submit your FAFSA, it is sent to all the colleges you’ve listed on the application. Every college that accepts your application will send you a financial …
do you really need a credit card
financial advice & planning

Do You Really Need A Credit Card?

Frustrating as it may sound, the answer to ‘do you really need a credit card’ is – it depends. That’s true. Whether you really need a credit card depends on a number of factors, primarily your financial goals and your spending habits. There’s no doubt a credit card offers some powerful benefits, from helping finance …