Reader Profile: AP...

The following is the latest post in my “Reader Profiles” series. Each post in this series details the financial situation and challenges of an FMF reader. The purpose of this series is to help us all identify with people like us (in similar situations — not all will be,...

How to Save Tens of Tho...

CNN Money has the story of three students who saved a boatload of money on college costs . Here’s how they did it: Go to a lower-cost college abroad Pay with future earnings (the student traded 10% of his growing web-design firm, which specializes in sites for small businesses, to...

Five Decisions that Hel...

MSN Money lists five decisions that determine whether you’ll be rich or poor as follows: 1. Marriage 2. Home ownership 3. College education 4. Self-employment 5. Choosing to save Here’s my take on these: 1. Married people tend to accumulate higher net worths. But if they...

How to Handle Your Thre...

For the vast majority, the three largest purchases people make in their lives are buying a home, helping their children pay for college (or paying for it outright for themselves, the kids, or both), and purchasing cars (if you get two new cars — one for you and one for the spouse...

33 Factors for How to C...

There are many ways to choose a college. You could choose one based on where you want to live, where your parents went to school, or even where your friends plan to attend. When selecting a school, it’s important to consider various metrics in order to find the college that best...

10 Best Credit Cards fo...

Many students enter college armed only with credit cards provided by their parents. At some point during their studies, however, students may decide that they need their own credit cards. They can use credit cards to build good credit history in college, while also learning how to manage...

Trying to Get a Handle ...

From what we’ve discussed previously, there seems to be two main issues related to college being worth the cost as follows: Should everyone go to college in the first place? In other words, is it worth it for everyone no matter what the circumstances? For a person who is trying to...

The Obamas Know How to ...

Let me start by saying that I do not want to make this a political post. So please try to focus on the finances we’re going to discuss. It seems that no matter if I highlight a Republican or a Democrat in talking about money, things often degrade to politics. I’m hoping we...

10 Reasons to Work Part...

US News lists ten reasons to work part-time in retirement . Of the ten, here are the three I like the most (and I think make me most want to keep working into retirement): Your brain and body will be healthier. Several studies indicate that people who work after retirement live longer,...

Six Steps to Saving Mon...

One of the ways to save (big!) money on college is to go to a community college for the first two years of schooling, get the basic courses out of the way, then transfer to a well-known “name brand” school for the last two years. You end up graduating from the second school,...