Allowance is a hot topic in the world of parenting. Some are strongly for it, some strongly against it, and many are somewhere in the middle. We're not here to say whether it's a method you should or shouldn't put into practice, however, should you decide to, here are a handful of ways in which giving children an allowance can teach them some important lessons in financial literacy.
A few too many snow days? A long streak of grey winter weekends? A nagging cold? It's inevitable that cabin fever will strike your family at some point this season, for whatever reason. And while a tropical vacation or other expensive adventure may sound like the perfect cure, it's simply not in the cards for most of us — especially right after the holidays when we're focused on getting back in shape financially.
The Public Service Loan Forgiveness (PSLF) program is designed to help these employees achieve financial freedom from student loans. PSLF offers relief by forgiving federal student loans after 10 years of qualifying payments. This is a huge opportunity to many borrowers!
There are plenty of ways to help support and benefit local organizations and people in need, or simply brighten others' days, without donating large amounts of cash — several of which the whole family will find rewarding!
The IRS and Department of Education recently re-launched the IRS Data Retrieval Tool, which pulls tax information automatically. There is also a new feature that allows you to link siblings’ FAFSAs together. Here’s how you can use linking to make filing multiple FAFSAs easier.
Students regularly ask how important non-classroom activities are for college admissions and scholarships. Let’s stretch our focus a little and instead look at the question, “How important are non-classroom activities for career success?”
Members are reporting pink postcards urging them to call a number about a time-sensitive matter on their mortgage. To their credit, something didn’t seem right. With all due respect to Jerry Seinfeld, we wanted to answer the question, “What’s the deal with these Pink Postcards?”