One of the biggest mistakes people make when vehicle shopping is basing their decision on the monthly payment. This seems like a logical place to begin as you contemplate your vehicle choices and financial terms, but a vehicle purchase involves much more than simply the monthly payment.
Buying a car is exciting. If you’re ready to shop, you’re probably thinking about size, gas mileage and that new car smell. But before you get too caught up in the details of your future ride, make sure you can afford it. A new car is rarely cheap, but if you make a realistic financial plan, you’ll be able to drive away happy.
Did you know that initial award packages of financial aid may be negotiable?
That means you might be able to get more money from your child’s first-choice college. In fact, your preferred school may increase an award, even after you've sent in your deposit indicating your child's intent to attend.
The journey to home ownership is intense. The search, the offer, the negotiations and the paperwork. It might be tempting to skip out on the home inspection, but that would be a major misstep on your part.
When Collis Robinson attended Berea College in Kentucky, he worked typical campus jobs — cleaning restrooms and setting up events. But he also worked jobs students don’t usually do, including comptroller for the campus activities board and, as a senior, student director of the board.
Certificates of deposit, or CDs, are not the most exciting investments, but they are among the safest. They make perfect sense for the risk-averse or for people just looking to park some cash over a specific period of time.
If you’re a homeowner, there will come a time when you will want to refresh your home. Sometimes a few new throw pillows and a fresh coat of paint will do. In other instances, you might be considering big changes, like a remodel or renovation.
The dollars can add up in either situation, but here are a few key things to consider as you decide how to update your home.
If you’re looking to save for a specific short-term goal, you may want to consider opening a dedicated savings account. Many financial institutions offer these accounts, also known as club savings accounts, for major spending events such as holiday shopping, vacations and even taxes.
While most Americans associate April with the beginning of spring, the entire month is also dedicated to financial education. Spring cleaning usually consists of scouring every nook and cranny of the home, but our finances deserve a thorough scrubbing as well. If you’re not a personal finance junkie, diving into your financials can be intimidating. Still, you don’t want to ignore them for years and then discover you’re in trouble.