How to Rebuild Your Savings after Unemployment
You’ve been responsible with money your entire life, setting some aside for retirement or to build up a rainy day fund. Then something unexpected comes up—a long stretch of unemployment, an illness with major medical bills, or major unanticipated home repairs—and you suddenly find your savings depleted. I’ve worked with clients who have gone through some of life’s [...]
Finding Private Scholarships
In The College Solution, Lynn O’Shaughnessy provides an easy-to-use roadmap that you can use to find the right colleges (not just the most hyped) and to dramatically reduce your costs. In this excerpt, learn more about saving for college and finding private scholarships. If you’re interested in hunting for private scholarships, here are some tips to increase your [...]
Breaking Down Investment Fees and Commissions
While an investment portfolio is great way to build wealth, many investors are unaware of the variety of fees that are a part of just about every investment one can make. Mutual funds, annuities, stocks and essentially all other investment vehicles come with fees attached. Some fees show up only at the time of purchase and/or sale, but others [...]
Saving for College and Expected Family Contribution
In The College Solution, Lynn O’Shaughnessy provides an easy-to-use roadmap that you can use to find the right colleges (not just the most hyped) and to dramatically reduce your costs. In this excerpt, learn more about saving for college and your family’s expected financial contribution. Read more about financial aid and your family’s expected financial contribution. The formula does play [...]
Teach Your Kids the Value of a Dollar
Many of us look at our children and wish that they understood our attempts to teach them about money management, from why we’re nagging them to turn the lights off to what that wasted food means for our grocery budget. It’s all about the value of a dollar. We’d like our children to learn about what goes [...]