Every year as parents send their children off to college for the first time, they wonder…should I get my child a credit card? According to the Federal Reserve Bank of
Mid-fall break is a great time to check in with your student about their budget, what they’re doing well, what they need to work on, and confirming who is paying
“If you get in, we’ll make it work.” These 8 words are by far the most dangerous words in college planning. We hear from parents who have told their children
We’re honored to be presenting this updated guest blog on college fairs from our friend Beth Probst, Founder and CEO of At The Core. At The Core helps students figure
We have to warn you. The competition for your student is fierce. Many parents already know what we’re talking about. When your student reaches high school (often after they register
As we step into the new year, we wanted to bring to your attention a significant change in the Free Application for Federal Student Aid (FAFSA) timeline. This year, the
Summer time, a great time for reading a book and going to the pool, is also a great time for families to work college visits into their summer travel plans. Colleges plan special visit days over the summer to show off their best sides with tours of their beautiful campuses, dining halls, and recreation facilities. And while many questions will occur to you about dorms, dining halls, academics, and student life, we wanted to share some questions from a financial perspective you’ll want to have answered.
With college being one of the most rapidly-increasing expenses in modern America, it can be pretty daunting to look at the financial planning needed. Even affluent families have plenty of preparation to do before the kids go off to college. The pressures may be less acute but you’ll still need to plan carefully when preparing a budget for college. Let’s take a quick look at some of the core budgeting principles for you to keep in mind while you draw up a plan.
EVERY SECOND America’s student loan debt GROWS by $2,726!
In the last ten years, the total student loan debt in America went from $487 Billion to $1.363 Trillion as of the second quarter of 2016. WOW!
Loans come in two forms – federal and private (bank) – and no matter who you borrow the money from, you will need to repay it with interest so you need to understand the different types of loans and how they work.
If you are the parent of a teenager, you have a very specific idea of what “cash flow” means. The cash flows IN to you and back OUT again into their eager hands or paying for their expenses—food, clothing, fun, etc. Maybe you were hoping to not have as much “flowing” every month once your teenager has left home for college?
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Capstone Wealth Partners is a fee-only independent Registered Investment Advisor in Columbus, Ohio. We are financial planners for college-bound families.
The Capstone Blog offers up our best ideas on how to save and pay for college, all while staying on track for a confident retirement.
