What phrases and quotations does the word “money” conjure up? Apparently plenty, based on the response I received from readers after my recent column about the origins of “keeping up with the Joneses” and other expressions with money messages.
Students who file the Free Application for Federal Student Aid, or FAFSA, in January, February or March receive on average more than twice the grant funding from federal, state and college sources as those who file the forms later in the year.
The Consumer Financial Protection Bureau has taken action to shut down two of them: College Education Services of Tampa, Fla., and California-based Student Loan Processing.US. The Department of Education offers several programs to make payments more affordable. And unlike debt relief companies, the government’s programs are free.
To those of you given to pithy proverbs to make a point with your kids about money, wouldn’t it be nice to explain their origins and to translate their meanings in a way that fits into your kids’ vocabulary?
In a survey, parents were asked: Is there competition to outdo other parents on spending for children? The answer: yes, according to nearly 80 percent of the respondents. A better approach begins with budgeting.
The federal Consumer Financial Protection Bureau in November proposed sweeping and long-overdue rules that would bolster cardholder rights, clarify insurance protection, and provide more disclosure of fees and other account information.
Yordano Ventura quit school at 14 and was working construction until his big break: a tryout that led to a spot in the Kansas City Royals’ academy in the Dominican Republic. But even after making the major leagues and pitching in the World Series, Ventura wouldn’t live anywhere else than Las Terrenas, his hometown, where he trained on the beach and swam in the ocean.
Taking cookie sales online is a big step for the Girl Scouts. But Internet sales have raised concerns from many parents and privacy experts about potentially exposing teens and younger children to the dark sides of the Web.
About 42 million people have college loans — with the average amount owed hovering around $28,400. The editors of Edvisors.com, a college planning and financial aid website, recently released a report that lists 13 common mistakes to avoid in repaying college loans.
Apple Pay is among a new wave of instant purchase services and applications on smartphones that are coming fast and furious. While the technology provides an even easier way to make purchases, there is a flip side to consider. The lines of defense that guard against instant gratification are getting thinner and thinner.
“The Teen Money Manual: A Guide to Cash, Credit, Spending, Saving, Work, Wealth and More” by Kara McGuire (Capstone Young Readers) and “O.M.G. Official Money Guide for Teenagers” by Susan Beacham and husband Michael Beacham (Money Savvy Generation) are packed with user-friendly information that make dollars and cents understandable for younger readers.
If you’re worried about how you’re going to pay for college, consider expanding your scholarship application list to the unusual, offbeat and sometimes downright weird competitions that also pay thousands of dollars.
There are no minimum balance requirements or onerous fees for overdrafts on the GoBank account. But the product comes with one significant string attached that could make it a stumbling block for many younger consumers.
All those dollar signs surrounding this Chinese Internet titan, along with its imaginative name, have piqued the interest of many kids. Parents shouldn’t bet the college fund, but there are several ways to own a piece of Alibaba and turn the investment into a learning experience for your new investor.
Passbook savings accounts are the centerpiece of a pilot program being launched this fall by the Federal Deposit Insurance Corp., which is hoping to promote financial education and encourage children to save money.