Parents of high school seniors will soon be facing the reality of paying for college and for some this could be a scary prospect. Most parents want to help their kids avoid massive student loan debt upon graduation and even if you are not fully prepared to pay for college there are still ways to help your child even at this late date.
It never hurts to have a few goals in mind as you approach various age milestones. For example, before you’re 30, you should be maximizing employer benefits like a 401(k) plan. But what are the financial goals you should think about before you reach 40? Here are a few areas you may want to consider.
Thinking about making some home improvements? Here are just a few tips to help you stay focused and add the most value to your home.
With summer just over a month away, many people are starting to make summer plans and incur expenses related to summer activities. Before you start on your summer plans, make sure you are prepared to control your spending. Summer can be a difficult time staying true to your budget.
We have all heard the sage financial sound-bytes that seem so powerful and useful. But what do they really mean and how can they be used in everyday life? Decoding the true meaning of some of the tried and true financial sayings can be very helpful to your financial situation. Applying these thoughts will produce positive results.
May is the time that many young adults are ready to venture into the world armed with a degree and hopefully soon a great job. With all of the excitement, financial matters are often forgotten which can be detrimental to their long term success. This is a critical time financially speaking for young adults.
Studies have shown that obtaining basic financial knowledge early in life can increase the chances of being financially successful as an adult. If you have kids, you should have a plan for how you intend to teach them the money skills they will need throughout life.
It’s never too early to start teaching your child or teen good financial habits. That’s why FORUM celebrates National Credit Union Youth Month™ in April. This is the perfect opportunity to focus on the financial needs of young people and teach them the benefits of saving money and setting financial goals. FORUM is committed to helping kids become financially aware and instilling strong financial habits.