Colleges post the cost of tuition, room and board and the miscellaneous fees but these are not the only expenses you will need to plan for.
Who should pay for college? I wish I had a definitive answer!
The first step in finding financial aid is to get the FAFSA form done. This Free Application for Federal Student Aid (FAFSA) is required for students seeking need based financial aid, which includes grants and loans.
In the past we have done this series in January because folks were just beginning to fill out the dreaded financial aid (FAFSA) forms, but this year they have been available since October first for parents to fill out.
Debt collection complaints are about 1/3 of the complaints filed with the Federal Trade Commission.
Almost everyone over 65 has Medicare as their primary insurance. And your Medicare card uses your Social Security number for identification. This makes it so easy to steal an identity of a retiree.
The Federal Trade Commission has some guidelines when dealing with a possible scammer on the phone.
Scammers will say anything to cheat people out of money. And every year millions lose money to scams, from a few dollars to their life savings.
According to The 2017 Identity Fraud Study, released by Javelin Strategy & Research, nearly $16 billion was stolen from over 15 million consumers last year. Fraud is on the increase with 200 million more victims reported last year.
Listeners have told me they’re not worried about retirement savings because they’ll have their Social Security benefit, but Social Security was never intended to be your only source of income in retirement!