Using OPM to Pay Off Your Student Debt
Key takeaways Many younger people are focusing solely on paying off their student debt before trying to save any money. Consider how contributing to a 401(k) might help you pay off your student debt using other people’s money. Getting the debt out of the way through a 401(k) loan might be a smart move. […]
Financial Fridays
Key Takeaways Do a quick, three minute look at your finances every Friday to ensure there are no irregularities and to keep your budget on track. One Friday every month, look at your assets and liabilities to ensure you are on track for any financial goals you might have. Once a year, do long-term planning […]
Four Financial Steps for the College Graduate
Key Takeaways If you’re a new college graduate starting your first job, it’s important you have an idea of what your budget will be. Some planning now will lay the foundation for good financial habits in the future. Know what your income and expenses will be, so that there aren’t any big surprises down the […]
Out of Bad Times, Good Times Can Happen
Key Takeaways One of the economic outcomes of the coronavirus is that many people found they have extra cash. Don’t just spend that extra money – be strategic about it! There are three things you’ll want to prioritize to make sure you’re making the biggest impact on your financial situation.
Do You Have a Will to Protect Your Family?
Key Takeaways A whopping 78% of millennials do not have a will or advance directives in place. Without these, your loved ones may run into legal issues if you become incapacitated or pass away. Think of a will as a love letter to your family, taking care of them after you’re gone.
The Impact of Millennials’ Spending and Saving
Key Takeaways The millennial generation is the largest part of the workforce in our country right now. As millennials age, the amounts they’re saving and spending are changing. These saving and spending changes are impacting our economy and will continue to do so for several years.
The Importance of Risk Management
Key Takeaways When you’re examining your finances, risk management is an important part of the big picture. We have insurance for a number of things in our lives, but might be overlooking some that could have devastating effects if you need them and don’t have them. Disability, health, and life insurance are key for peace […]
Using OPM to Pay Off Your Student Debt
Key takeaways Many younger people are focusing solely on paying off their student debt before trying to save any money. Consider how contributing to a 401(k) might help you pay off your student debt using other people’s money. Getting the debt out of the way through a 401(k) loan might be a smart move.
3 Things You Need to Do to Be Successful
Key takeaways Rational optimism is far different that the stereotypical optimism. Successful people have a reasonable tolerance of risk. Become a rational optimist to be successful in your endeavors.
How to Handle Your Student Debt After Graduation
Key takeaways Two-thirds of students who just graduated college have student debt. Students must begin making payments on their debt six months after graduation. Know all of your expenses and create a budget. Most important thing is to remember to save first, spend later.