An inheritance can be a financial windfall if you’re a beneficiary, and one of the most common ways that people use money that they’ve inherited is to help pay for college costs. However, if you’re not careful and don’t understand the assets you’re inheriting or how to manage them properly, you could end up losing a lot of money. Here is what you need to know and how to avoid the biggest mistakes with inherited assets.
college planning
5 Ways to Save Money on College Costs by Using School Data
I’ve never met a family that didn’t like the idea of paying less for college. Here’s how you can do it by starting with school data and using five smart strategies to find more generous and affordable schools, pay less, and even negotiate a better deal.
Helping Your Teen Choose a College Major and Career
Choosing a college major and a potential career can be a big challenge for many students, and it’s often a struggle for parents too. Should you push your child toward a particular major or career? Should you help them decide? What do you do if they’re undecided? Get answers to these and many other questions in my latest blog with loads of helpful advice.
The 5 Types of Federal Financial Aid
Most college financial aid and loans are based on federal grants, funds, and subsidies provided by the U.S. Department of Education.
There are a total of five types of federal financial aid, and it’s important to understand each one, whether it will be available to your family, and what it might mean for you.
6 Things That Should Be On Your College Planning Calendar
Do you have the right dates and events on your college planning calendar? Here are the 6 categories of events and to-dos you should include, so you can get organized, get on the right track, avoid conflicts, and reduce the stress of college planning.
When College Will Be More Complicated for Your Family
Planning for college is a major task for every student and family, but if you’re in one of 11 key categories, it gets more complicated. In this blog article, I’ll show you the categories of families and students where college planning gets more completed, how things will be different for financial aid and important tasks you need to complete, and the challenges and opportunities available to you.