With Labor Day coming up, it’s an appropriate time to assess the state of your career. How are you feeling about your work? Does it give you an opportunity to put your skills to good use, to express your passions? Do you sense that you’re making a difference? I know that right now you might […]
Tag Archives | Education
A Degree in Debt
College seniors who graduated last year owed an average of $24,000 in student loans. That figure, as reported by CNNMoney.com, comes from The Project on Student Debt, which analyzed student loan debt at more than 1,000 public and private four-year schools. Using some common assumptions, paying off $24,000 in student loan debt over 10 years […]
Going the Extra Mile
I just came back from a weekend trip to Phoenix where I had a chance to do what I love to do: teach a workshop on the practical application of the timeless truths about money. While I went there to teach, I ended up learning quite a bit as well, including some lessons about going […]
Learning How to Save for College
For anyone trying to figure out the best ways to save for a child’s future college costs, SavingForCollege.com used to be the go-to source of information. However, as reported by Mainstreet.com, Morningstar has become a valuable added source. I can’t say one site is better than the other; both have their advantages. Both offer helpful […]
From Community College to Med School
If you’re wondering how to help your kids make it through college without a mortgage-size loan, consider the experience of Brittany Blackburn. Her route to a full scholarship at Yale Medical School included stops at two community colleges. According to a WalletPop article, spending the first two years at a community college can make a […]
Reshaped by the Recession
The Great Recession has impacted all of us. For some, the impact has been painful (think job losses). But the financial downturn also seems to be fostering widespread personal changes that, if they stick, have the potential to improve our lives. U.S. News & World recently summarized some of the key recession-induced changes that researchers […]
Keeping Your Economic Engine Tuned
USNews.com recently shared 10 career resolutions for the New Year. All were worthwhile ideas, but three really stood out. First, look for something new to learn every day. The “every day” part might be a bit lofty, but I agree with the importance of continuing to learn. Most large employers offer some form of tuition […]
The Hard Lessons of a College Education
Student loan defaults are rising, according to an article in the Washington Post. A quarter of a million student loans went into default in the Education Department’s most recent period. Some blame high interest rates on student loans. However, a survey by student loan provider Sallie Mae and Gallup identified another factor in the high […]
Online Tool Reviews
The Internet is making personal money management easier. I recently wrote a guest post for U.S. News & World Report, looking at the pros and cons of various online budget tools. I’m using Mint.com and enjoying it for the most part, but I plan to switch to Yodlee next year because it offers a few […]
Amish Money Management
There was an interesting post on the Houston Chronicle’s web site about the money management habits of the Amish. According to the story, Amish children all learn a trade such as farming, welding, or woodworking. Money earned through apprenticeships goes to their parents, who give the child 10 percent for spending and put the rest […]