College Planning

July 20, 2023 3 MIN READWith college being one of the most rapidly-increasing expenses in modern America, it can be daunting to look at the financial planning needed. Even affluent families have plenty of preparation to do before their kids go off to college.The pressures may be less acute, but you’ll still need to plan carefully when preparing a budget for college. Let’s take a quick look at some of the core budgeting principles to keep in mind while you draw up

In 2022, the College Board reported the average public 4-year in-state, on-campus “all in” college cost was $27, 940. In 2017, the cost was $24,610. For private schools, the cost was $53,980 ($49,320 in 2017). So what does “all in” mean? Aren’t we just looking at tuition and room and board? Nope. In order to answer the question “how much will college cost?”, we must take a closer look at all the parts included in this pricing.

Action Plan for College: Junior Year   Action Plan for College Junior Year April 7, 2023 5 MIN READJunior year is when students can start to see the finish line of high school. They are actively thinking about their next steps–college, career, or maybe mil

For most families, student loans have to be a part of the college funding conversation. Through careful planning for smart savings, tax considerations, college choice, cash flow, scholarships, and other mechanisms, families can minimize the amount of debt their students take on. How much debt is too much, though?

Searching for Scholarships: Finding Ways to Pay for College - The cost of college today is a reach for most families – to say the least! Families can make the cost more manageable by understanding how to be an educated consumer. The ideal solution is finding ways to pay for college using other people’s money.

Updated October 2021.If we compiled a list of the most frequently asked questions we hear from our clients, one of the top among them would be:Do all colleges offer merit scholarships?The answer, in a word, is no.Let’s dig deeper into what type of scholarship awards different schools offer, and how you can find the best pick for your student (and your budget). What are merit scholarships? Merit scholarships are awarded to students who have above-average academics. In an effort to enroll t

Three Questions to Ask Yourself for a Better Financial Future Jul 19 As naturally social creatures, relationships are essential to our everyday lives. Relationships can help us advance through our career; they can be the source of fond memories and can even help us live longer.1 But there’s one relationship that impacts all other aspects of life and must be nurtured and revisited: our relationship with money. When it comes to personal finance, the one word that needs more emphasis is

You’ve figured out your budget, your retirement nest egg is substantial, and you’re ready to make the transition to living on income from savings instead of income from work. But have you thought through the tax implications?