How Student Loan Debt Can Derail Your Future

July 26, 2018

Mike Meru thought he was making a good investment when he borrowed $600,000 to train as an orthodontist. But at age 37, he now owes $1 million — and despite making regular payments, he owes more every single month. In 25 years, his debt will total $2 million. While seven-figure student debts are still not something you see every day (in a story about Meru, The Wall Street Journal reported…

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5 Smart Money Moves Your Kids Can Make Over Summer Vacation

July 26, 2018

Summer vacation when you’re a kid means endless days of bike riding, swimming, playing video games, and fighting over who gets the last purple Popsicle in the freezer. It’s not nearly as idyllic for Mom and Dad. Not only do parents need to line up (and pay for) alternate child care for the kids during the summer months, but they also have to worry about Junior and Sis spending their…

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9 Essential Personal Finance Skills to Teach Your Kid Before They Move Out

July 18, 2018

Your child is on the verge of moving out and living on their own. Are they prepared? Arming them with the right personal finance knowledge will give them a strong foundation to go and achieve many of their life goals. If their understanding of personal finance is lacking, they could begin their independent life on the wrong foot (and they may even come back home). Consider these ways that you…

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Someone Took Out a Loan in Your Name. Now What?

July 12, 2018

Identity theft wears many different faces. From credit cards to student loans, thieves can open different forms of credit in your name and just like that, destroy your credit history and financial standing. If this happens to you, getting the situation fixed can be difficult and time-consuming. But you can set things right. If someone took out a loan in your name, it’s important to take action right away to…

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How to Prepare for Unpaid Maternity Leave

July 12, 2018

Back in 2008, when my husband and I were newlyweds just starting to think about having children, I was still working as a high school English teacher. Another teacher in my department had a baby that year, and I was horrified to discover that our school district did not offer paid maternity leave. Instead, my friend had to save up all her sick days and personal days to equal the…

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10 Pointless Fees That Are Sabotaging Your Budget

June 14, 2018

When I read the word “fee,” what I see is, “something you should have avoided paying.” No one likes to pay fees, fines, service charges, or anything that sounds remotely like a penalty. While some fees are unavoidable — try taking a flight without paying the Passenger Civil Aviation Security Service Fee — there are plenty that you can sidestep by calling to complain, avoiding certain behaviors, or switching providers….

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8 Non-Finance Skills That Will Make You a Money Master

June 14, 2018

When it comes to winning in the world of money, I’m a firm believer in the power of the liberal arts. Sometimes, a broad base of knowledge can serve you better than a narrow set of skills in mathematics, business, or investing. So buck up, theater majors and graduates of the School of Hard Knocks; here are eight non-finance skills that will make you a money master. 1. Self-awareness Socrates…

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