Let’s admit it, everyone loves a good deal. From a killer happy hour, to a clothing sale, saving money can be satisfying—even life changing.
So imagine saving much more than on a meal or a new outfit. Living in one of the most affordable cities in the US could mean saving across the board. That means greater financial stability, and maybe even purchasing a home of your own—sooner rather than later.
It’s that time of year. Summer is coming to a close and that moment you have been waiting (or dreading) all season has arrived. Your baby is finally headed off to college. And while this new chapter in life is exciting for everyone, you might be asking yourself, “What is a reasonable allowance for a college student?”
Okay, maybe it’s not the first question you are asking yourself, but it’s a fair question that can run through parents’ minds. How will your child financially survive their first year of college? Will they have enough to enjoy the college experience?
The College Board reports tuition and fees for undergraduates attending an in-state, four-year college is a staggering $10,230 per year . And that’s not including room and board. Once you and your child get the cost of tuition taken care of, is there room for a college allowance?
Setting your kids up for success in school involves big decisions like finding the right school for them and juggling their after-school programs with classes and family time. But there are little needs along the way, too: like school supplies to make sure that your kid is ready to take on the school day.
Back to school shopping list can easily grow out of control–backpacks, shoes, clothes, crayons, pens, notebooks and more. Theses costs can add up. For some families, this means being on the lookout for back to school savings.
Doing more DIY projects instead of buying new supplies could potentially reduce the money you spend on back to school purchases and also instill good money habits in your kids. Projects like these can help kids see that many materials can be given new life with the right creative project.
Shopping for the latest trends and stylish finds can be a blast. Not to mention that heading to the mall or local thrift shop with friends can be a bonding experience like none other. And is there anything as rewarding as finding a pair of jeans that fit you just right?
While there’s nothing quite like the thrill of the hunt, when you’re shopping for clothes and building out your wardrobe, it can be difficult to determine when you should be splurging on an investment piece and when you should be buying cheaper basics. Here are some guidelines to help you determine what clothes are worth investing in.
In testimony to Congress earlier this month, Federal Reserve chairman Jerome Powell talked about a rate cut as if it were a near-certainty. “It appears that uncertainties around trade tensions and concerns about the strength of the global economy continue to weigh on the U.S. economic outlook,” said Powell .
That brings us to present day. The Federal Reserve bank (“the Fed”) has cut rates, making it the first time it has done so since the financial crisis. For context, since 2015, rates have been inching higher .
Now, Americans may want to prepare for some changes to their finances—especially since it has been so long since the last rate cut. This action has the potential to affect savings, credit cards, student loans, mortgages, and investment portfolios.
Curious about how the process of cutting and hiking rates works? Wondering how the rate announcement by the Federal Reserve may affect you? Read on for a high-level overview of information that may be helpful as you plan for the near future and beyond.
Career tips, money advice, workplace trends, and more.
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