All tagged college education
Give a man an education and he will build a new world, but give a man a loan and you can own that man forever.
It’s been 10 years since I graduated from grad school. I still proudly hang up my diploma because it put me on a better path for my career and my income. It was also FREE. No loans, no debt, no soul to be sold. With that, I thought I might offer some ways to help reduce debt if you are a college student or have a child that is about to head to college.
I picked up another personal finance book from the library. Another oldie, but a goodie from Suze Orman: Women & Money: Owning the Power to Control Your Destiny. There's a section in there where she talks about Saving for Your Kid's College vs. Saving For Your Retirement. Suze, like she always does, keeps it real.
The reality is that if you retire without ample money to support yourself, you will become a financial burden on your children. So understand that the most generous decision you can make today - for yourself and your children - is to build as much financial security as you can, so that down the line the only thing you ask your kids for is more time with them and the grandkids, not financial aid.