Should I start saving for college?
I'm planning on becoming a lawyer when I grow up. I'm 13, and I want to start saving for college and law school. I'm thinking of buying a little box and labeling it "Future Funds" and 50% of everything I earn will go in that box so I can hopefully use that money to get in college in law school, and I'm also going to get a part-time or a full-time job during the summer when I turn 14 in May 24 so I can get a head start in earning some money, and maybe gain a bit of work experience and meet new people. Is this a good idea? I'm hoping for a bright future :)
Should I start saving money for college?
hello, I am only 13 and I already have plans for what I want to do when I'm older, I plan on going to college at The University of Chicago while studying law. Don't tell me that I shouldn't set my hopes that high as right now I am first in my class of about 300 students and on the state exams I score better than 99% of the country in everything. Also, I am capable of going their at half price as my father works there and my uncle is the Controlling Officer of Expenses their, the chief finance officer, so please tell me how I should save for college as my goals for this summer is $1000 (I have a job set up at the Local Little League where I will work) Thank you in advance.
What are the best extreme money-saving tips for college?
Rather than saving money, you can earn! If thats your idea then this trick might work for you!If are doing engineering, then go to your respective department and ask for the project report done by your passed out seniors. Study it and do a project with that paper as base. Go to website having information about symposium like twenty19.com . Participate 2 symposium per month. You cannot win prize at the first competition itself. What you first project will do is that , it acts as a key to see the ideas of other people and get some exposure from them. Get along with similar minds. Always two brains are better than one!You can join multiple ideas to get a solution that can fetch you prize in later symposium. This not only helps you to get money but you will learn a lot and your profile will become one of the best in your entire college.Remember, you have to invest some money in it. For travelling, doing your projects, Entry fees etc. But once you know how things are getting done, then it will be very easy for you.Concentrate on paper presentations first, followed by project presentation later.There are also other games in symposium that can fetch you money, gifts etc.Remember, use all the ideas and papers as base. Dont try to copy it at all.Hope this helps you!!!
529 Plan for College?
I've been looking into some sort of a college plan. The problem is that most articles I've read are so confusing and it seems like you almost need a degree just to understand most of it. Can you explain the 529 plan to me in SIMPLE terms please? How much should I be putting in? How often? Benefits of it? Down side of it? Is there a better option?
Why does community college help you save money?
The community college cost per credit hour is costs significantly less than at a four year college or university. Instructional and lab fees cost less. You are saving money because you are minimizing your federal and/or private student loan debt load. If you or your parents are paying from personal savings then that money will cover more courses, books and fees. You will have access to additional federal student loan money to pay for additional education if you plan to transfer to a four year school after completing your community college degree program. There is a cap on on federal student loan borrowing. Hope this answer helps.
Should students saving for college be forced to pay union dues?
Union dues come with many benefits. Don't be fooled by the “right to work” slogan. All it really means is that you have no right to unionize and no right use your collective power to demand higher wages and better benefits. Unions were a great thing in the USA a few decades ago. They helped workers throughout the country secure good pensions, higher salaries, and good benefits. Unfortunately, Reagan came along and destroyed the unions which has resulted in decades of stagnant wages and an economy that allows the rich to get richer at the expense of the masses. However, the younger generation is finally wising up to this decades long scam and pretty soon - mark my word - things like Universal healthcare, a living wage, and enhanced social security will take the USA by storm. The younger generation is far smarter and more engaged than the the generations of the last few decades. It’s partially because technology has made them smarter and partially because things have finally reached a breaking point.
My parents (with no retirement savings) put me through college, now they expect me to become successful and return the favor. How should I handle this situation?
Two questions?? What country do you live in and what Ethnic Cultural are you??Why, because this may be a cultural type of thing with your parents. If so then you will have to deal with that and maybe help them out. If not then you can help if you really want to because they love you, took care of you , provided you with a good education and need retirement help.Or you can say thank you, but I have to look after myself now and so I’m going Away and do that. You can be very polite about all this, even say you’ll help IF possible. But if in the USA and no cultural life is involved, there are no Laws that say you must pay back or take care of your parent’s financial life.This becomes a Family problem only you and they can resolve based somewhat on what your personal relationship and youthful upbringing was like.Most children’s parents want to pay their way through college if they can afford it. If not then that’s the kids problem. It seems a bit unusual they could pay your way and did not set up a retirement plan for theirselves. I think you could all sit down and discuss this whole thing out together (in a pleasant way, no arguments of “But you should have, etc.” or they say, “But we cared so much for you and now you owe us, etc.”) as again there are no laws saying either side has/had an obligation beyond you reaching 18 years of age.Now, if still living at home and this ends up where you will not help, they insist you will, then you need to get out on your own quickly. Think about what you want to do and talk about it, they are your parents.Good Luck.