10 Reasons Why You Should Go to College – Besides Just Getting a High-Paying Job

college lecture studentsThere has been a lot of talk lately about whether or not it is worth getting a four year college degree.

While it can greatly increase your chances of landing a high paying job after graduation, that is not always the case. In fact, there are several six figure income jobs that don’t require a degree and can still get you a big paycheck.

However, there are many important reasons a young person should consider going to college other than just the potential financial rewards.

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Target Date Mutual Funds – Pros & Cons Saving For Retirement

target date fundA target date fund is an attractive option for savvy passive investors. These mutual funds provide strong results with minimal effort, and adjust your investment risk level according to how soon you plan to retire. As a result, many 401k and IRA investors choose them as the backbone of their personal investment portfolios. As with any investment, however, not fully understanding these financial resources can cost you plenty.

In 2008 and 2009, many target date fund investors lost fortunes learning that funds without well-designed “glide paths” can leave you dangerously overexposed to stocks in the few years right before expected retirement. If you know how target date funds are designed – as well as their benefits and downsides – you’ll be able to choose the best target date fund for your portfolio.

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5 Dangers of Overly Fast Small Business Growth Strategies

business growth team plantWhen you start your own small businesses, you immediately start thinking about growth. Maybe you just dream of eventually opening a second store, or you might envision becoming a huge conglomerate or one day franchising the business.

Growth isn’t just admirable – it’s expected. But often, small business owners don’t consider that growing a business too quickly can eventually cause the company’s demise. You can easily find yourself lacking working capital, which is one of the biggest contributing factors to the failure of one in six new small businesses.

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5 Rental Car Insurance Coverage Loopholes to Avoid with Credit Cards

rental car girlOne of the most frequently repeated bits of travel advice is to avoid being coerced into paying extra for additional rental car insurance. When you pay with a credit card, you are usually covered by the policy that is included by the network that your card is affiliated with.

This advice, while generally true, glosses over a much more complicated insurance picture.

Many travelers think that they are covered by their credit card’s policy only to find out after a car accident that they were not.

Here are six common situations where you might think you are covered, but you’re really not.

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Executor of Will Duties & Responsibilities – Letter of Instruction Sample Template

writing a letter of intent is key to estate planningIf  you’ve ever been the executor of someone’s estate, you know that the role is a difficult one. Mourning the death of a loved one is painful in and of itself. Add to it the responsibility of sorting out what they’ve left behind and you can quickly become overwhelmed.

A number of questions must be answered before the actual legal settlement process can even begin. Where do the deceased keep all of their documents? Where are all of their assets? Do they have property somewhere that you don’t know about?

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Penny Stock Investing for Dummies – 4 Tips for How to Buy & Research Penny Stocks

penny stockFew investment phrases can create as much excitement as these two words: penny stocks.

But what’s the fuss over cheap share prices? Do hot penny stock picks actually live up to their money-making hype?

What’s a Penny Stock?

The problem with penny stocks is that their definition is ambiguous. The U.S. Securities and Exchange Commission (SEC) defines them as low-priced speculative securities of very small companies. In this article, we’ll further restrict penny stocks to shares trading under one dollar.

So why do traders go wild over penny stocks? What is the appeal of these low priced shares?

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3 Ways to Get Cash From a 0% APR Balance Transfer Credit Card Offer

cash balance transfer credit cardZero percent balance transfer credit cards offers are back. In the past few months, I’ve talked about how to best use a balance transfer, and I’ve offered tips for how to responsibly use 0% balance transfer credit cards to get out of debt.  But there’s another way in which you can use a 0% APR balance transfer to your benefit.

Although the best use for a 0% balance transfer is to pay off an existing balance with a high annual percentage rate, you can also use the balance transfer for cash as an emergency fund, earn interest in a savings account like Capital One 360 or a money market account, or temporarily pad your bank account.  But in order to move forward with these options, you’ll have to turn that APR offer into cash. How is this done?

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7 Ways to Maximize Your Commute Time to Work

commute book readingAccording to Time Magazine, most Americans spend an hour a day commuting to and from work. When traffic is bad, however, you could end up sitting in the car for much longer. And in some parts of the country, such as West Virginia, New York and California, there are extreme commuters: people who spend three or four hours a day (or more) commuting.

That’s a lot of time. It’s time you could be using to do something to invest in yourself, start a business, or simply relax. Yes, I did just use the word relax when referring to commuting.

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Where to Buy Travel Supplies, Accessories & Toiletries on a Budget

travel suitcase packingWe all want to be prepared when we hit the road, and having the right travel gear is a big part of that picture.

I love finding ways to save on these items so that I can find better uses for my vacation dollars.

Here are my three favorite places to shop for cheap supplies, and my top picks for what to purchase once you’re there.

Dollar Stores

Travel gear for a buck? I’m all over that. I’ve had particular success at Dollar Tree, where I was actually able to get all of these at once, cutting down on time and money spent. Here’s a list of great gear I like to pick up at the dollar store.

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9 Ways to Save Money on Music Lessons For Kids & Adults

piano music lessonsWhile many people may not agree on musical tastes and favorite instruments, I think it’s safe to say that most still have a strong affinity for music, in some capacity – even if it’s just browsing free music listening and sharing websites.

It’s human nature to enjoy sounds coming together harmoniously, and further, music is actually good for you. Learning to express yourself musically can increase brain development, improve memorization, develop fine motor skills, and enhance problem solving skills. Music benefits the young and old alike.

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