Jeff Gawronski founded DormCo.com four years ago with a business model that takes a few pages from Amazon’s playbook. DormCo carries about 4,500 products, including comforters, lamps and other lights, futons, loungers, benches and other seating, and customized products such as lofted beds.
The Affordable Care Act allows parents to keep adult children enrolled in employer-provided family health insurance plans until they turn 26, but there are no such guarantees for dental or vision insurance. And it’s becoming increasingly common for parents to find replacement coverage for their children.
For many of those new to the workforce, opening a 401(k) retirement account or purchasing company stock is their first experience with investing and making their own choices that are key to becoming financially independent.
President Barack Obama used his executive authority to make more people eligible for an existing program that caps student loan repayments at 10 percent of an individual’s monthly discretionary income. But will the program have much effect?
A survey released in late May by the College Savings Foundation found that 82 percent of the high school students interviewed believed they have a responsibility to tap their funds to help pay for college. That’s a significant bump from the 74 percent who responded to that question in 2013.
On the second day of a two-day series, The Star looks at Overland Park-based Sprint Corp.’s possible merger with T-Mobile US Inc. The deal could mean throwing the Sprint brand under the bus and putting T-Mobile’s flamboyant top executive, John Legere, in charge. Day one: After years of blocked ambitions and dropped subscribers, the top brass at Sprint plot a dicey merger with T-Mobile while its network czars take aim at leapfrogging the competition.
A survey by the Gallup organization and Purdue University concluded that where graduates went to college — public or private, small or large, very selective or not selective — hardly matters at all to their current well-being and their work lives in comparison to their experiences in college.
Rates for Stafford, Plus and the other main federal education loans for the 2014-2015 school year will be 0.8 percent higher than they were during the current academic year. This applies to loan money disbursed starting July 1.
The Consumer Financial Protection Bureau has received a growing number of complaints about private student loan lenders demanding accelerated repayments when the co-signer dies or files for bankruptcy.
The T. Rowe Price investment firm’s sixth annual “Parents, Kids & Money” report found that 69 percent of the parents surveyed want to set a good financial example for their children but don’t always go about it the right way.
This is the time of year when many club teams hold tryouts for the coming summer and fall leagues. If this is your first club sport experience, keep this in mind: It’s expensive. But there are ways to control the money flow.
The Omaha financial guru’s annual shareholders letter is always one of the most anticipated reads by investment pros and financial pundits because of the insights it offers into Buffett’s stock picking strategies. But it’s also full of straightforward, sometimes folksy advice that would strike a chord with younger investors who are just learning the ways of Wall Street.
The state-sponsored plans known as 529s, such as Learning Quest in Kansas and Most in Missouri, have been a popular choice for funding college education since Congress approved them in 1996. But timing and tax planning issues can complicate the plans’ savings equation.
The founder of Financial Peace University teams up with daughter Rachel Cruze on a new book aimed at helping children. “Smart Money, Smart Kids: Raising the Next Generation to Win With Money” goes on sale April 22.