How Are Millennial Homebuyers Saving To Buy Their First Home?

Millennials’ interest, and their perceived lack of interest in homebuying, has drawn many headlines over the last few years.

Most of that attention is rightly focused on student loan payments weighing down this generation in debt. Today’s average student debt has ballooned to $37,000. These sky high monthly payments coupled with rising apartment rents and cost of living in metro areas — hello, avocado toast scandals — has made it nearly impossible for many millennials to afford a monthly mortgage payment, let alone a down payment on a home for first time buyers.

So, Millennial Home Ownership?

millennial homebuyers

To put it bluntly: millennials are interested in buying homes — it’s just too expensive to do so.

The National Association of Homebuilders has previously found that more than 90 percent of millennials say they eventually want to buy a house.

But, median down payments on homes have risen to a three year high of $18,850 across the country.

For those planning to buy in a city like Los Angeles, that number is more like $120,000 if you’re putting 20% down.

Millennials are juggling a bunch of fairly new expenses that previous generations didn’t have take into account, whether it’s those dreaded student loan payments or on-demand and subscription services like Uber and Netflix that have become a part of everyday life.

With December being a traditional month to start considering and saving up for home ownership goals, we decided to take a detailed look at where millennials currently stand with their homebuying plans and get insight into which expenses are the toughest to cut.

Millennial Home Buying Trends

Open Listings surveyed 500 U.S. millennials between 18-34 years old to dig into how they plan to save up for a home and additional financial measures they’re taking to afford their downpayment.

millennial homeowners

Millennials are Buying Homes, Especially in the Midwest

Our representative sample of U.S. millennials found that 44% of the much buzzed about generation has bought a home to date. This falls somewhat in the middle of previous real estate industry analysis and past studies on millennial homebuying.

Overall, millennial men were more likely to have bought a home (47%) than women (40%).

Furthermore, 30% of those under 24 are currently homeowners, and 53% of millennials older than 24 have a bought a home.

48% of the respondents, which have yet to buy a house, plan to buy a home within five years. The other 52% of non-homeowners plan to buy in more than five years.

Millennials’ purchases of homes and plans to, also continue to be regional in nature.

For instance, 51% of millennials in the Midwest note they have already bought a home, versus 41% of millennials on the east and west coasts.

Home Buying Tips For Millennials

millennial-homebuyers

It seems like millennials really do love their avocado toast — or at least, dining out.

When we asked respondents to choose the hardest expenses to cut from their budgets when figuring out top savings to buy from a home, dining out (e.g. avocado toast) was the most frequent answer (37%).

millennial home buyers

Surprisingly, it even beat out those who are trying to beat student loans with Student Loan Payments (35%), which is often a large fixed cost that cannot be easily mitigated within a personal budget.

In some sense, it’s not a huge surprise.

Previous studies have noted that the average millennial eats out 5 times per week, which is more than 14% more than baby boomers.

Even if it’s is the healthy, quick service choice that many millennials are opting for (think: Sweetgreen, Cava), we’re likely talking about $60-$100 per person, per week.

Over the course of the year, that amounts to almost $5,000, or around 25% of the current national down payment average for a home!

For existing millennial homeowners, dining out was an even tougher expense to cut, with 44% of them saying it was the hardest expense, compared to 27% choosing student loan payments.

It’s likely that current millennial homebuyers may have been able to buy a home earlier because they weren’t suffering the same student debt crunch. Therefore, cutting student loan payments from their budgets while saving for a home was easier than their cohorts.

Comparatively, millennials that noted they wouldn’t be buying a home for at least another five years were the most likely to note how hard it was to cut student loan payments from their expenses (43%).

This group of respondents was also more likely than their peers to note that Cable (e.g. Comcast), Transportation (e.g. Uber) and Online Subscriptions (e.g. Netflix) were hard expenses to cut from their personal budgets.

When it came down to other variable expenses, women found it easier to cut the gym from their expenses (8% noting it was hard to cut out) than men (13% noting it was hard to cut).

Millennials Guide To Buying A Home

millennial homebuyers

While the number of millennials moving back in at home draws media headlines, there are a variety of financial measures today’s millennial homebuyers are taking to save for a home.

Moving back in with mom and dad isn’t at the top of the list.

Millennials would rather consider getting a side job to accompany their 9-5 (40%).

They’re also likely to be foregoing yearly vacations (34%) and are more likely to consider moving in with a roommate to save for a home (19%) before going back to their old room at their parents (15%).

Those that said they won’t be buying a home for at least 5 years were the most likely to note they would consider moving back in with their parents (18%) to save money for a home (likely trying to become a saving junkie).

Women were also slightly more likely (16%) to note they would consider moving back in with their parents versus millennial men (14%).

Somewhat surprisingly, millennials that noted they were within 2 years of buying were the most likely to note that they would consider selling their car to save for a home (18%).

This could be a result of eyeing locations that are more urban or near public transit.

9% noted they’d consider renting their apartment on Airbnb to save for a home.

Millennial Home Buyers 2020

With the impending impact of tax plan reorganizations and the continuation of a volatile market, the next two-five years will provide further insights into millennials and homebuying behavior.

It remains to be seen if these financial measures and priorities give the next generation of buyers the possibility to grab their own slice of the home-owning pie.

Home Buyers Survey

Get the full infographic from our study:

millennial homebuyers

CommonBond Review: Is CommonBond Legit for Refinancing Student Loans?

Looking for a legit CommonBond review?

Saving thousands of dollars on your student loan debt seems ideal, and that’s just what CommonBond promises. Is it legit, though?

CommonBond is your friend in finance. They provide simpler, smarter student loan loans for a brighter future.

But if it the right student loan refinancing company for you?

Let’s find out, together in our CommonBond review.

What is CommonBond?

student loans advice

CommonBond is an online lender founded in 2012 that offers both student loan refinancing and private student loans.

CommonBond promises to jump-start your dreams with better loans & bigger savings. CommonBond members save over $24,000 on average and they don’t have any application fees, forbearance options, or prepayment penalties. No hidden fees whatsoever. They offer student loan Refinancing, parent PLUS refinancing, and student loan benefits. But should you use it to refinance your student loans?

commonbond review
Reviewed loan Student loan refinancing
Interest rates Fixed: 3.21% – 6.45%
Variable: 2.02% – 6.3%
Includes autopay discount of 0.25%
Loan terms 5, 7, 10, 15 and 20 years for fixed- and variable-rate loans. 10 years for hybrid loan.
Loan amounts $5,000 to $500,000
Co-signer release available Yes
Can transfer a parent loan to the child Yes

Check rates now

CommonBond Pros:

  • CommonBond has low and transparent rates
  • This company offers lower rates than other lenders in the student debt industry
  • Conveniently offers a hybrid loan option

CommonBond Cons:

  • To be accepted you must have graduated from college
  • Not available in Mississippi or Nevada

Click here to apply now to refinance your student loans with CommonBond.

Who is CommonBond Best For?

CommonBond is quickly becoming one of the largest providers of student loan refinancing and consolidation. CommonBond is good for refinancing or consolidating student loans for anyone that has a good or excellent credit score. You’ll need a minimum credit score of 660 and get approved. The company has one of the best forbearance policy and you can visit CommonBond to learn all of their options to see what they have for you.

Services Offered

Student Loan Refinance and Student Loan Consolidation

CommonBond Features

Forbearance, No Prepayment Fees, No Origination Fees, Auto Payment, Career Support, Cosigner Option

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Click here to apply now to refinance your student loans with CommonBond.

CommonBond Student Loan Refinancing Rates

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  • Fixed: 3.2% – 6.45%
  • Variable: 2.02% – 6.03%

Includes autopay discount of 0.25%

You can get your student loan refinancing custom rate in 3 minutes or less by clicking here.

Click here to apply now to refinance your student loans with CommonBond.

CommonBond Loan Length

Loan Length: 5, 7, 10, 15, 20

You can get a loan through them for a 5, 7, 10, 15, or 20-year term. Speak to one of their representatives to figure out the best loan length that works for you.

Click here to apply now to refinance your student loans with CommonBond.

CommonBond Loan Amounts

The company currently offers student loan refinancing and consolidation for loans over $5,000.

Click here to apply now to refinance your student loans with CommonBond.

CommonBond Eligibility

To start refinancing your student loans, you must be a graduate. This seems to be the standard requirement for student debt companies, but there still are companies you can consolidate or refinance through if you did not graduate from college.

CommonBond Customer Service

One feature that is important is being able to get in touch with your student loan refinancing company. Sometimes it’s nice to talk to a real person. CommonBond has a U.S.-based care team is available by phone and live chat Monday–Friday, 9am–8pm EST, and you can email them anytime.

Why Should You Refinance Your Student Loan Debt?

In case you’re wondering why someone would refinance student loan debt, here are the top reasons:

1. It’s simple to check your rate and can save you a lot of money

There are a lot of competing student loan companies and that’s good for you. That means you can get the best possible interest rate which can save you a lot of money. The average user saves $18,668 when refinancing. You can check your rate for all of the lenders on this page in under 3 minutes.

2. If you have a high interest rate on your student loans

Fortunately, for many graduates, refinancing can be a great opportunity to help with loan payments. If you have federal or private student loans with an interest rate over 4%, then refinancing them will save you a lot of money. Student loans with 6.8% interest rates mean that you’ll need to pay $586 a month in interest alone for every $100,000 you owe. You could also refinance your student loans to a longer term to help lower your monthly payments.

3. If you don’t qualify for public student loan forgiveness

Public student loan forgiveness (PSLF) was created in 2007 in order to encourage graduates to pursue full-time work in public sectors including nonprofits and government organizations. If you are working in one of these fields, and have been consistent with your payments, it’s best to weigh your options and see if refinancing or PSLF will save you more money over the life on your student loan.

4. Have more questions?

If you want to learn more about student loans before refinancing student loans with CommonBond, here are some good student loan resources to consider:

Click here to apply now to refinance your student loans with CommonBond.

How To Pay Off Student Loans Faster

It’s 2020. If you haven’t figured out how to pay off student loans last year, then change it up and tackle your debt with these smart pay off tips.

If you are a doctor, dentist, lawyer or Master of Business Administration (MBA) holder with high federal loan debt, you’re not alone in this predicament.

According to economic research carried out by Federal Reserve Bank of St Louis, approximately 45.2 million Americans are laden with $1.5 trillion dollars in student loan debt.

That means for every four college professional degree holders, one is repaying their student loan. For most college students, this is not music to the ears, seeing as many wish to live a debt-free life full of opportunities, but are weighed down with a federal loan debt before even earning their first salary.

The average American student graduates with a student loan totaling $30,000 and more. Being yoked to such a huge debt before your first paycheck is not funny, and you’d want to pay it off. But how to pull this off? How do you pay down student loans without putting life’s goals and opportunities on hold?

Stop buying time to pay off your debt

A federal loan can pin your life down and that’s nothing worth writing home about. So the best way is to never wait to pay. Just pay it off as soon as you get the chance. This way your loan never increases and you are at peace with yourself.

  • Federal loans provide borrowers a grace period to pay off their loans.
  • During this period, loan interest rates never accrue giving you more time to pay it off without any additional costs.
  • It’s at this period that most people never attempt (or shows any signs) to pay off little amounts of money to offset their loan.

In fact, many don’t take up the initiative to pay anything, and that’s where the problem lies. A prudent move to clear your debt is to pay little amounts as low as $20 monthly to offset your loan’s interest first then work on reducing the principal amount as time progresses, and you’ll buy yourself repayment time.

Check on a loan repayment term

The idea is to clear off your loan as soon as possible, but this goal is far-fetched if you don’t consider the repayment plans of your high student loan debt.

Most repayment plans are designed to make broke students repay loans within shorter periods of time even while paying more monthly interest rates than they can handle over the given period.

This birthed income-based repayment plans (IBR) to assist students to repay their student loan debts fast beyond the usual 10-year repayment plan. IBR offers reprieve in the form of extending repayment terms on a student loan while lowering monthly interest rates.

If you’re employed and have an income, department of education will provide you loan repayment plans based on your current income. This repayment plan provides you options of making low payments on over a given period of time.  While this is a prudent move, it slows your loans pay off time.

If you are unable to make minimum payments on your student loan then consider an income-driven repayment plan by all means. Otherwise, it is ideal to save money and pay off your federal loan faster.

Get employed in the public service

If you are weighed down with a huge student loan, the best way to clear it off is through seeking a career in the public service. According to the public service loan forgiveness program, a student laden with a huge loan balance can have it scrapped off if they make 10-year payments at once.

If you are a professional degree holder that took up several loans to complete their education this option provides a faster way to take care of your federal loans. And that’s the goal you want to achieve.

You can also have your debt taken care off when working under service programs or education grants that offer loan forgiveness programs, and there are many. Find the right one that suits you.

Have your monthly payments deducted automatically

Perhaps the easiest way to pay off your student debt loan fast is to have it automatically deducted the minute your paycheck hits your bank account every month. This saves you time to offset our extra personal loans and not give it much thought as the repayment is done automatically. It doesn’t require your input at all.

For some reason, this option comes with an added advantage as many lenders will have a reduction of 0.25% interest rates taken away from your federal loan. So enrolling in automatic repayments plans is not only ideal for you but also saves you planning time and money (you’d pay as extra interest rates)

Make timely payments before the given time

Waiting for the due date to elapse before making payments is not advisable or any wiser. It only works against the borrower since it carries no advantage as opposed to paying before the due date.

Always make timely payments before the specific given date to enjoy reduced interest rates and a fast reduction of the principal amount you initially borrowed.

Remember federal loan’s interest rates are calculated on a daily basis so the more you make timely payments (before the due date) the better for you. If you are unsure of how much you are needed to repay back, use a repayment estimate calculator.

Make payments every fortnight

Handling tasks get easier if you split the tasks into small manageable tasks. The same applies to your loan payments. Make loan payments easier by dividing (into two) your monthly payments into weekly or bi-weekly payments. This a simple yet overlooked way to get out loan debt faster.

Take, for example, a student loan of $40,000. To offset this loan you need to pay $400 for ten years to complete it. But if the $400 can be divided into a manageable amount of $200 that you can pay every fortnight, you’d easily reduce your interest rates and repayment period, to your advantage.

Ready To Pay Off Your Student Loan Debt?

There are many other ways to get out federal loans including having your employer help you pay tuition fees as well as consolidating your loans to a lower interest rate. Also, if you have a private student loan, it is important to employ the aforesaid ways to get of debt faster.

It’s no secret that professional degree holders are among the many people in the U.S. heavily burdened with student loans (a good chunk owes their parents as well). With a good strategy up your sleeve and hard work on what best practices to employ, it is easier to get off the chains of these loans, for good.

Student Loans 101: A Guide to College Loans

Student Loans 101: Thinking about financing your child’s education or taking out student loans to pay for college? Here’s what you need to know before you sign on the dotted line.

Student loans are a good way to pay for expenses while attending college, but they may not be right for everyone.

Loans, unlike grants, do need to be repaid once you are done with college.

That’s why students may want to limit the total amount of student loans that they borrow or may want to only get loans that are subsidized.

Whether a soon-to-be freshman or looking into graduate programs here are some basics about receiving and repaying student loans to consider before borrowing.

Types of student loans

There are two types of student loans: federal and private.

Federal loans

A federal loan stands for a loan that you borrow from the government. You are basically using the taxpayers’ money to get your college or university degree, hence repaying federal loans come with a different level of responsibility altogether.

However, since interest rates are comparatively lower in federal loans and one does not require having a great credit score, most students take a lax approach when the time comes for repayment. You will also find options for paying as per your level of income or alternative repayment options if you apply for federal loans.

  • Subsidized Federal Loans: The federal government pays the interest for Direct Subsidized Loans while the student is in college or while the loan is in deferment. Interest begins accruing for Direct Unsubsidized Loans as soon as the loan is taken out.
  • Unsubsidized Federal Loans: Students are responsible for paying all of the interest that adds up until the loan balance is paid off. DirectUnsubsidized Loans (sometimes called Unsubsidized Stafford Loans) are low-cost, fixed-rate federal student loans available to both undergraduate and graduate students.
  • Parent Loans: PLUS loans are federal loans that graduate or professional students and parents of dependent undergraduate students can use to help pay for college or career school. PLUS loans can help pay for education expenses not covered by other financial aid.

Independent students are students who are over the age of 24, married or have a child. Independent students are eligible to receive loans based on their financial status and are often offered a combination of subsidized and unsubsidized loans.

Subsidized loans are a good choice because they incur no interest while you attend school and repay the loan after graduation.

Federal unsubsidized loans generally have a lower rate of interest than other types of loans, allowing students to take advantage of the low-interest rates to continue their education.

Private loans

In case you opt for a private student loan, a credit union, bank or online lender provides you with the money that you need to pay your way through getting a higher education degree. They can have varying rates of interest (that is usually dependent on the loan provider and the type of interest you choose) and have comparatively rigid repayment options.

However, since the rules regarding what you do with the loan money are quite lax in case of private loans, you can come up with ingenious tricks to pay it off way before it starts accumulating interest.

Repaying student loans

Repaying student loans doesn’t begin until you leave college or you graduate.

Most federal loans also have a six month deferment period that allows you to find and begin a job to ensure you can repay the loan amounts successfully.

The amount that you repay each month is based on the total amount of the loans that you received throughout your education.

Many people try to take the minimum amount possible to reduce their monthly loan repayment, while others use the full amount of student loans to assist them with living expenses.

Consider the repayment period when deciding whether student loans are right for you, as well as the total amount that you need to complete college successfully.

You can refer to this useful guide on tips for paying student loans off faster.

There are a variety of student loan programs offered by both federal and state governments. Most of these programs are based on occupations such as work for government, teaching, or military for example. Others include forgiveness programs based on income such as the Federal Income Based Repayment program or the Pay as You Earn Program.

These loan forgiveness programs are especially helpful when you have bills that total up to more than 10% of your discretionary income. Other student loan programs are sponsored by state governments such as the Maryland SmartBuy Home Buyer Assistance & Forgiveness Program or the Janet L. Hoffman Loan Assistance Repayment Program.

Standard Payment Plans

If you took out:

Or almost any other loan out there, you were probably automatically enrolled in a standard payment plan as soon as your grace period ended.

These loans are paid back over 10 years and will typically be the option that offers you to get out of debt the fastest but have the highest payment.

This may not always be your best option though.

Income-driven plans, or plans that make it easier for federal student loan borrowers to pay back loans if your debt is high compared to your income, were designed for those facing financial hardship upon graduation (which pretty much describes nearly all graduates these days).

Instead of simply calculating the payment period over three years, the government will calculate your payment based on a percentage of your income.

With an income-driven plan, it could take a while longer to pay down your debt (if you only pay the minimum monthly payment), but it can significantly lower your monthly payment if you have a high balance.

Plus, on some payment plans, when the interest owed exceeds the monthly payment, the government with cover the shortfall for three years or more.

Income-Driven Plans

You might be thinking, “I can afford to pay the standard payment. Why should I consider an income-driven plan?”

Good question!

Everybody knows that you should pay down the loan with the highest interest rate first.

What you may not know is that using an income-driven repayment plan can still have benefits even if you can afford the standard payment plan, since an income-driven plan lowers your monthly payment across all of your loans.

“Won’t I pay the same amount of interest either way?” you might be asking yourself.

Not necessarily.

Because your required payment is lowered, you now have more cash free to pay down your higher interest loan. This is especially meaningful if you have large differences in your interest rates.

Examples

Let’s look at an example of someone with $100,000 of student loans spread equally at 8.75%, and 4% and the differences an income-driven plan can make.

In this case, we are going to assume the borrower is eligible for Revised Pay AS You Earn (REPAYE) which caps payments at 10% of income.

 Plan Standard Payment REPAYE Amount Saved
Monthly Payment $1,150 $266
Additional Payment $884
Payback Period 10 Years 9 Years 1 Year
Interest Paid $38,000 $23,251 $14,749

Using REPAYE and paying $884 per month to the higher interest loan allowed this borrower to save almost $15,000 in interest payments!

This could go a long way toward a down payment on a house or even buy a nice car!

While Income Driven Plans aren’t for everyone, I hope you can see the benefits and the flexibility that they can create for many borrowers.

Please see the table below for more details and specifics on the three most commonly used plans.

As always, be sure to contact a financial planner about which one is right for you.

The Three Types of Income-driven Student Loan Repayment Plans

Plan PAYE IBR REPAYE
What is it? Pay as You Earn –

Limits payments to the lower of 10% of borrower’s income or the standard payment plan.

Income-Based Repayment –

Limits payments to the lower of 15% of borrower’s income or the standard payment plan.

Revised Pay as You Earn –

Limits payments to 15% of borrower’s (family if married filing joint) income.

Interest Adjustment The government pays the first three years of interest on subsidized loans in excess of monthly payment The government pays the first three years of interest on subsidized loans in excess of monthly payment Government Covers First Three Years of Interest on subsidized loans not covered by payment and 50% of interest not covered thereafter.
Taxable Forgiveness Taxable Loan Forgiveness After 20 Years Taxable Loan Forgiveness After 25 Years Taxable Loan Forgiveness After 25 Years
PSLF Forgiveness Qualifies after 10 Years Qualifies after 10 Years Qualifies after 10 Years
Qualifying Loans
Federal Direct Loans
FFEL Loans* X X X
Perkins Loans* X X X
Parent Plus Loans* X X X
Private Loans X X X

*Can be eligible if consolidated into a Federal Direct Consolidation Loan

Public student loan forgiveness

Public student loan forgiveness (PSLF) was created in 2007 in order to encourage graduates to pursue full-time work in public sectors including nonprofits and government organizations.

If you are working in one of these fields, and have been consistent with your payments, it’s best to weigh your options and see if refinancing or PSLF will save you more money over the life on your student loan.

Another option that very few are eligible for, but still may be worth looking into is legally getting your student loans discharged. You can learn if you’re eligible by reading our recently published post here.

Should you refinance student loans?

After you graduate, you’ll have the option of refinancing your student loans.

Over 94,000 people refinanced their student loans last year—saving an average of $18,668 according to CNBC.

You should usually opt to refinance your student loans if you have a high-interest rate on your student loans.

Fortunately, for many graduates, refinancing can be a great opportunity to help with loan payments. If you have federal or private student loans with an interest rate over 4%, then refinancing them will save you a lot of money.

Student loans with 6.8% interest rates mean that you’ll need to pay $586 a month in interest alone for every $100,000 you owe.

You could also refinance your student loans to a longer term to help lower your monthly payments.

It’s very simple to check your rate and it can save you a lot of money. You can see the top lenders for 2020 in this student loan refinancing guide.

Good luck with your student loans, and if you have any questions about the Student Loans 101 guide feel free to contact us or ask in the comments section below.

Personal Finance Wiki: 5 Smart Ways to Improve Your Financial Health

Life would have been so easy if there was a personal finance wiki or magic formula to control the money flow and decide on the savings!

The most difficult part of any professional’s life is to manage personal savings and spending. Top savings does not happen overnight, it takes a lot of effort and years to save a considerable amount of savings!

Nobody becomes a saving expert overnight. Consistent savings make it possible to build your savings with time.

If you are the one who is constantly worried about how to save or worrying about basic personal finances, it time for you to adopt some saving methods to start you off down the right financial path.

It is all about working out different way and combination for the perfect personal finance plan for you and then work accordingly on it.

Read on to know our personal finance wiki about improving your personal finance!

Emergency Savings Fund

Personal finance wiki: basic financial planning

Here is a list of basic financial planning tips to help you to improve your financial life.

1. Write your financial goals

When you know where you want to invest your money later in life, becoming a saving junkie becomes a little easier. When you know what you want to do in life you have already taken your first step towards saving. Your method of improving your personal finance changes according to the goal. Whether you want to travel the world, have a strong career-oriented life, start a family or retire early each of these goals has different plans for handling personal finances.

Once you know what your goal is, your next step is to prioritize it. Just knowing what you want 5 or 10 years down the line does not mean you are done.

If you have a number of financial goals, it is better to list them down and start prioritizing first. For example, if you want to purchase an apartment and travel the world, the priority should be on buying the house first and then traveling. With all the goals written down, you will be in a better position to save for retirement and plan accordingly.

How to identify financial goals?

  • Identify long-term and short-term goals. Long-term goals are like buying a house, getting yourself out of a heavy debt or plans for early retirement.
  • Plan short-terms like making a monthly budget, or how to pay for credit cards.
  • Prioritize on immediate goals to fix a plan accordingly.

If you need help to save more money, here are some saving options for you:

Interested in finding easy ways to save? Then you should know about these money saving options!

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2. Curate a plan

Next, in this personal finance wiki, we need to discuss having and creating a personal finance plan. You must know that having a wise financial plan means that it is constructed of a proper budget, eliminating debts and then saving efficiently. When you have some money freed up, you can then start investing for your long and short-term goals. If you don’t have much to invest, you can still get your feet wet with investing apps such as Fundrise.

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The best is to beat your financial goals and finish one by one slowly.

Things to keep in mind while making a financial plan:

  • Your budget is key to success. It is the tool that will give you the most control of your financial future. Your budget is the key to achieving the rest of your plan.
  • You should keep contributing to long-term goals like saving for retirement no matter what stage of your financial plan you’re in. We recommend using apps like Robinhood that offer high growth potential and are simple to get started.
  • Building an emergency fund is another key factor in financial success.

3. Manage and stick to the budget

Your budget is the biggest tool you can work with when thinking about a personal finance wiki. From your daily expenses to your long term goal-saving everything rely on the budget that is set. With the advancement of technology, you can use applications that monitor your budget for you and tell you where have you spent the most for a particular month and where you need to stop.

One of the most popular apps is Qapital:

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Apart from that, these apps are easy to use, you have to enter your monthly budget, and it can calculate your budget according to your savings and spending.

You have to keep a check whether you are able to reach your financial milestones from the budget or you need to work out a new one. Accordingly, with every month that passes, you will be closer to a well-planned budget that has spending that allows you to save a substantial amount of money as well.

4. Ask advice from experts

One of the major drawbacks is people are afraid to ask. No matter what age you are in, everyone is bound to make errors and mistakes. Seeking advice from saving experts is a helpful thing.

This is especially for people who are earning for the first time. They should always ask for good advice either from their parents or anyone who is into finances, about how to manage personal finance. Any cut on the extra expenses would share the risks first of any plan you are planning to pick to improve your finances.

5. Cut extra expenses

You certainly need to cut on the extra expenses, frequent shopping, watching a movie twice or just having an impulse shopping day can ruin your plan and affect your savings. Remember, money saved is money earned! You should always have some for the rainy days.

So, this can be said, “Right planning can help you improve your personal finance.”

Author Bio:

Jasmin Ali – Consultant and Co-founder of SuggestInfo –  A leading professional courses and business software reviews provider worldwide.

How to Budget in College in 7 Easy Steps

Learning how to budget in college shouldn’t be hard. Follow along, step-by-step, as we walk budgeting beginners through the process of budgeting.

Do you ever look at your paycheck stub and wonder where all that money went?

Making and maintaining a budget is an important step in managing your finances.

Keeping careful track of your income and expenses can curb impulse spending and help you attain your financial goals.

Best part? It’s not that hard! Let’s get started…

Do you even need to “budget?”

My friend, when I was in college the last thing I was thinking about was budgeting. I was more concerned about making new friends, attending social mixers, studying for exams, or ways to make money as a student.

I soon realized that budgeting allows you to create a spending plan for your money (the little that college students have). This ensures that you have enough money for things that you need and that is important (rent, books, fun, partying, beers). Following a budget can also help you stay out of debt or work your way out of debt *cough* student loans *cough*.

Got it?

Define your financial goals

It’s important to set up some smart financial goals (like saving money) especially while in college. This can help you build savvy financial skills that will stick with you in your later years. Some typical financial goals that college students should strive for are:

  • Make a budget and living by it
  • Pay off credit card debt
  • Save an emergency fund
  • Save for retirement
  • Live below your means
  • Develop skills to improve your income
  • Save for your children’s education
  • Save a down payment for a home

Next, once you have your goals in mind you can build your budget in easy steps

Your college budget in 7 easy steps

1. Getting started

The first step to making a budget is figuring out how much money you currently have as well as how much money you typically spend in a month (on food delivery, Netflix, etc). Obtain a copy of your last month’s bank statements, checking accounts, savings accounts, and credit card statements. Make sure the statement you are looking at has at least an entire month’s span for a typical month.

2. Categorizing expenses

Starting with your checking account, go through your statement and categorize the expenses withdrawn from your account. Do the same with all of your credit card statements as well as all other accounts that you normally deposit income or withdraw expenses from. Track your cash as well. If you don’t know exactly what your cash went to, track your cash withdrawals instead. After you’ve categorized your expenses, total each category.

3. Making categories

The next step is to divide your expenses into sections. These are the four recommended sections, and you may need to adjust the sections as appropriate.

Fixed essentials
These are expenses that are necessary and have the same monthly payment. Examples of fixed essentials are mortgages or rent, car loan payments, personal loan payments, and insurance payments.

Variable essentials
This category is for expenses that are necessary but that don’t always have the same amount monthly. Some examples include payments for gas, water, electricity, and groceries.

Fixed non-essentials
Items in this category are not necessary, but they have a fixed monthly expense. Examples are cable, subscription fees, and other membership fees.

Variable non-essentials
In this last category, items are not necessary with varying payments every month. These expenses tend to be most difficult to predict and include dining out, entertainment, and the incidentals.

4. Totaling expenses and income

Once you’ve added up all the expenses in your categories, you’ll know approximately how much you spend every month barring any financial emergencies. This number is your total expenses. You should also add up your sources of income to find your total income. This includes your paycheck and any other forms of support such as government support, alimony, and child support.

5. Income vs. expenses

Now it’s time to see how your income matches up with your expenses. Subtract your total expenses from your total income. If the difference is a positive number, you’re doing a good job!

This means that you’re generally spending less than you make every month. If you have any debts, this may be a good time to start paying them back. Putting money into savings apps like Acorns or Qapital is also a great way to help plan for your future.

If, however, the difference between your total expenses and your total income is a negative number, that means you’re typically spending more than you make in a typical month, and changes in your expenses may need to be made.

Take a look at your expense categories, with the non-essential categories first. You may need to trim some expenses that are not necessary. In fact, you may even find that some expenses you thought were essential may be in fact non-essential. For example, expenses such as gas for your car may be cut down or made non-essential if you take up public transport.

6. Creating an allowance

Knowing what your income and expenses are will help determine what you can spend on the non-essentials. After determining how much is going to go into savings, create an allowance. Know what part of your income can go towards your non-essentials, and don’t spend more than you have budgeted.

7. Maintaining your budget

Now that you have a working budget, stick to it. Review your budget every month for the next three months to ensure that you haven’t forgotten to add expenses. Once your budget is on track, continue to review it every few months.

Ensuring that you are spending only what you can afford will help avoid late fees, keep you out of debt, and make saving money and making beer money a reality. Creating and keeping a budget is an essential part of planning for your future.

Start your own budget today now that you know how to make a budget with these 7 easy steps!

Laurel Road Review: Is Laurel Road Safe and Legit?

Laurel Road Review | Laurel Road promises they can save you thousands of dollars by refinancing your student loan debt. Is Laurel Road refinancing legit, though?

Laurel Road claims to offer low rates, personalized service, and technology that makes refinancing your student loans seamless. Plus, their average customers saves $20,000+ on average over the life of their loans. But if it the right student loan refinancing company for you?

Let’s find out, together in our Laurel Road Student Loan Refinancing review.

If you wanted to refinance your student loans with Laurel Road, they are now offering a $400 refinancing bonus, so act fast.

What is Laurel Road?

Laurel Road Bank is a Connecticut state-chartered bank offering student loan refinancing, mortgages, personal loans, and both consumer and business deposit products. FDIC-insured and established in 2006, Laurel Road Bank has helped thousands of professionals with graduate and undergraduate degrees to refinance and consolidate over $3 billion in federal and private school loans. Laurel Road also maintains bank branches in Darien, Rowayton, and Southport, Connecticut.

Laurel Road Bonus

If you wanted to refinance your student loans with Laurel Road, they are now offering a
$400 refinancing bonus, so act fast. Just fill out your 3-minute application to check your rate!

Who is Laurel Road Best For?

Laurel Road is best suited for those that would want to work with a trusted company that has been around for 14 years. They have a lot of options for students and other individuals that are looking for refinancing or consolidating student loans. The entire loan process can be done from the comfort of your own home. Laurel Road is a great option for those that have an average credit score and you’re looking for a lot of options in terms of student loans refinancing or consolidation.

Visit Laurel Road to learn all of their options to see what they have for you.

Laurel Road Services Offered

Auto Payment, Career Support, Cosigner Option

Laurel Road Features

Refinance and Consolidation.
As an innovator in the exciting world of Fintech, Laurel Road is focused on creating seamless, personalized experiences for its customers. From student loan refinancing to mortgages to personal loans, we offer online financing solutions with honest, competitive rates and clear terms that help simplify financial decision-making.
They strive to be a trusted financial partner by supporting our customers at every financial milestone, with the technology and simplicity they expect from a digital innovator, and the transparency and security they deserve from a bank.

Laurel Road Student Loan Refinancing Rates

Student Loan Refinance: 2.80% APR – 7.02% APR

  • Student Loan Refinance Variable Rates: 2.80% – 5.90% APR
  • Student Loan Refinance Fixed Rates:  3.37% – 7.02% APR

They have interest rates as low as 2.80% – 5.90% for variable APR and 3.37% – 7.02% for fixed APR.

You can get your student loan refinancing custom rate in 3 minutes or less by clicking here.

Laurel Road In-School Loans

Private Student Loans: 3.83% APR – 8.91% APR

  • Private Student Loans Variable Rates: 3.83% – 6.81% (5 years)
  • Private Student Loans Fixed Rates:4.50% – 7.22% (5 years)

You can get your private student loan custom rate in 3 minutes or less by clicking here.

Laurel Road Loan Length

Loan Length: 5, 7, 10, 15, 20

You can get a loan through them for a 5, 7, 10, 15, or 20-year term. Speak to one of their representatives to figure out the best loan length that works for you.

Laurel Road Loan Amounts

The company currently offers loans between $5,000 and $100,000

Laurel Road Eligibility

To qualify for this loan, you will need to be able to prove that you have an adequate income to pay off the loan and an average credit score.

Laurel Road Pros:

  • Unemployment protection up to 1 year
  • Offers a number of options to help you
  • Reduce APR by 0.25% when you sign up for automatic payments
  • No origination fee or prepayment penalty
  • Get a $400 bonus through this link.

 

Laurel Road Cons:

  • Charges a late fee of $28 or 5% of the missed payment
  • Charges a $20 fee for a non-sufficient fund returned payment

 

Laurel Road Referral Program

Share Laurel Road and get $400 for every referral.

You can earn up to $400 when you refer your friends and they refinance their student loan with us.

They have an easy-to-use slider lets you determine how much you and your friend will earn.

Refer a friend today – you don’t have to be a Laurel Road customer to participate!

Click here to sign up for the referral program.

Is Laurel Road Safe?

Laurel Road has an A+ Rating on the BBB page. They also have 3 customer reviews with an average of 1/5 stars.

More Laurel Road Info:

BBB File Opened: 3/17/2015

Years in Business: 14

Business Started: 2004

Business Incorporated: 2004 in DE

Type of Entity: Corporation

Laurel Road Headquarters: 1001 Post Rd, Darien, CT 06820-4553

Laurel Road Contact Information:

Laurel Road Phone Number

  • (855) 245-0989

Why Should You Refinance Your Student Loan Debt?

In case you’re wondering why someone would refinance student loan debt, here are the top reasons:

1. It’s simple to check your rate and can save you a lot of money

There are a lot of competing student loan companies and that’s good for you. That means you can get the best possible interest rate which can save you a lot of money. The average user saves $18,668 when refinancing. You can check your rate for all of the lenders on this page in under 3 minutes.

2. If you have a high interest rate on your student loans

Fortunately, for many graduates, refinancing can be a great opportunity to help with loan payments. If you have federal or private student loans with an interest rate over 4%, then refinancing them will save you a lot of money. Student loans with 6.8% interest rates mean that you’ll need to pay $586 a month in interest alone for every $100,000 you owe. You could also refinance your student loans to a longer term to help lower your monthly payments.

3. If you don’t qualify for public student loan forgiveness

Public student loan forgiveness (PSLF) was created in 2007 in order to encourage graduates to pursue full-time work in public sectors including nonprofits and government organizations. If you are working in one of these fields, and have been consistent with your payments, it’s best to weigh your options and see if refinancing or PSLF will save you more money over the life on your student loan.

4. Have more questions?

If you want to learn more about student loans before refinancing student loans with Laurel Road, here are some good student loan resources to consider:

How to Survive and Thrive While on a College Budget

Both millennials and Generation Z are the most highly educated generations that the United States has ever produced. Unfortunately, this pursuit of higher learning comes with a much higher price tag than previous generations had to contend with. The high cost of attending college and university leaves many students stretching to make ends meet.

Even with assistance from family or hard-earned scholarships, many people don’t make it out of college debt-free. While some may be lucky enough to land a high-paying job directly out of college, many still struggle to keep up with loan payments, keeping their dreams of success out of reach. However, with proper planning and fiscal education, budgeting for college and beyond can be made less painful.

Developing Financial Literacy

ap student

Many young students have to make the tough decision right out of high school whether or not to attend college or university. While trade schools remain a popular, more affordable option for getting into the workforce sooner, many students believe that a degree is essential to success. Because of this, a large portion of people entering college is forced to take out loans, whether they truly understand what they’re getting into or not.

Millennials have continued to exhibit an astonishingly low level of financial literacy, taking on long-term debt while regularly overdrawing their checking accounts at the same time. Many young people consciously go further into debt by racking up spending on credit cards while they still have massive student loans hanging above their heads. This is often done to simply support a basic lifestyle or to quickly obtain big-ticket items like computers and televisions in the hopes that they will generate enough income down the road to pay them off without too many consequences.

This consistent failing of financial literacy litmus tests doesn’t bode well for millennials, as these negative spending habits tend to stick with people no matter how much money they end up making in the long run. Millennials are by and large not a lazy sect of American society by any means, either. The rise of the “grind culture” among millennials is evidence of a clear desire to become successful. However, large, long-term debts often keep many from their goals, despite all their hard work.

Create a Financial Plan and Stick to It

The best way to avoid having to work endless side hustles well into old age is to develop a solid financial plan. Paying off existing long-term debt like student loans should take priority when it comes to financial planning, as the interest on long-term debt puts the biggest damper on the ability to actually save money. Seeking employment through public service is a good idea, as it often offers up loan forgiveness, and it is always wise to avoid extending the grace period in which loans aren’t being paid off.

If somebody doesn’t pay back their student loans, it can have lasting, harmful impacts on their financial health. While student loan delinquency can wreak havoc on someone’s credit score, its when people default on their student loans that things really start to get bad. Loans and all accrued interest may become immediately due; the debt may be referred to collections companies; and perhaps worst of all, a school might withhold academic records until the debt has been paid.

Because of all of this, adopting an aggressive loan repayment plan as possible is recommended. A good exercise for people learning the ropes of financial literacy is to try doing a trial balance of their finances. A term often used in the accounting world, a trial balance involves tabulating all of your expenses, financial statements, and sources of income for a month. This will let you know if your income can support your lifestyle. Once an individual has developed a sensible budget that specifically addresses long-term debt, people can begin to save in earnest. A budget helps people to stop living from paycheck to paycheck, allowing them to save as much as possible for their retirement and, barring that, have enough money in their checking account to cover any emergencies.

Make Healthy Spending Habitual

how to make a budget

It’s no wonder that the U.S. has a financial literacy and savings problem, a few states require any sort of financial education in high school. This results in unhealthy spending habits like living outside of one’s means in order to have experiences that are seemingly worth their investment. However, living outside of one’s means is not a tenable plan for financial success, and though the people attending music festivals throughout the year will certainly have memories that will last a lifetime, their bank accounts will be less prosperous.

This unhealthy spending can lead to unnecessary financial stress, leaving people feeling overwhelmed. People who engage in unhealthy spending habits regularly might find themselves struggling to keep up with a credit card and student loan payments, and they often have virtually no money set aside in case of an emergency. Healthy spending habits are developed by learning how to actually have money and making sure that it can be held on to.

Writing down down financial goals both short and long term is a fantastic way to add some structure to financial planning. Saving up for retirement can seem a bit nebulous, but attaching expectations and experiences to the idea of retirement can spur on improved financial health. Asking for help from professionals or taking financial planning courses through a college or even the local library can give people the leg up they need to become healthy spenders.

The Best College Scholarships for 2020

The following resources can help you find other sources of financial aid. It’s an exhaustive list of scholarships for college students in 2020.

Our office has prepared a list of outside scholarships offered through a variety of foundations/agencies that we hope will also be of assistance.  Some of our current readers have received funding through the scholarships listed.

Got a scholarship? Want to be on our list of scholarships for college students? Send us a note: [email protected]

This is by no means an all-inclusive list.  You can find many more scholarship opportunities by using a scholarship search website, such as:

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Top-Rated Scholarships

These scholarships all offer $10,000 or more.

Rose Scholars Program

Scholarship program open to high school sophomore, junior + senior students who are civically minded and have an instinct to lead.

  • Amount: $200,000
  • Deadline: September 30, 2018

Cameron Impact Scholarship

Scholarships for students with high academic achievement who have a stated goal of public service and/or demonstrated active participation in community service.

  • Amount: Up to $50,000 per year (intended to cover tuition, fees, course related expenses, books, supplies and equipment)
  • Deadline: September 15

James W. McLamore WHOPPER Scholarship Program

Scholarships for students who demonstrate an active leadership role in community service, athletics, etc.

  • Amount: Up to $50,000
  • Deadline: December 15

Coca-Cola Scholars Foundation

Scholarships based on students’ capacity to lead, succeed in school, and make an impact on their schools and communities.

  • Amount: $20,000
  • Deadline: October 31

Elks National Foundation Most Valuable Student Competition

Scholarships focused on academic strength, demonstrated community leadership, and financial need.

  • Amount: Up to $50,000
  • Deadline: November 15

The Gates Scholarship

Scholarship for exceptional, Pell-eligible, minority, high school seniors. Awarded to 300 top student leaders with the intent of promoting their academic excellence through college graduation, and providing them the opportunity to reach their full potential.

  • Amount: Funding for the student’s full cost of attendance (including fees, books, housing and meals) for all 4 years of college.
  • Deadline: September 18

The Dream.us Scholarship Program

For highly motivated DREAMers who want to get a college education. Must have significant financial need, academic promise, as well as determination and perseverance. Must attend a partner college.

  • Amount: Can cover up to 100% of tuition fees and books at partner colleges
  • Deadline: March 8, 2020

Davidson Fellowship

Scholarships for students with a project in the STEM or humanities fields that have the potential to make a positive contribution to society.

  • Amount: Up to $50,000
  • Deadline: February 8, 2020

Live Mas Scholarship

Scholarships open to all students, ages 16-24, currently enrolled or enrolling in an accredited post-high school program. To apply, create and submit a video (two minutes or less in length) that tells the story of your life’s passion.

  • Amount: Up to $25,000
  • Deadline: May 2020

Ron Brown Scholar Program

The Ron Brown Scholar Program (RBSP) honors the legacy of Ronald H. Brown through a selective scholarship program that advances higher education for community-minded and intellectually gifted African Americans.

  • Amount: $10,000
  • Deadline: January 9, 2020

Dell Scholars

Scholarships for students who have overcome significant obstacles to pursue their education. The Dell Scholars program offers personalized, multifaceted support to our Scholars that extends beyond the financial support of $20,000, a laptop, and textbook credits. Dell offers students and their families services and solutions to address individual and systemic issues that can create major barriers to student success.

  • Amount: $20,000, a laptop and textbook credits
  • Deadline: December 1

ScholarshipPoints $10,000 Scholarship

A free quarterly drawing for college scholarship money. To become eligible, become a ScholarshipPoints member and log in.

  • Amount: $10,000
  • Deadline: September 18

Voice of America Scholarship

Applicants must write or record an essay on an annual patriotic theme.

  • Amount: Up to $30,000
  • Deadline: October 31

AXA Achievement Scholarship

Demonstrate long-term achievement outside the classroom like a project at school, in their community, etc.

  • Amount: Up to $25,000
  • Deadline: December 15

The Collegiate Inventors Competition

A national competition that recognizes and rewards innovations, discoveries, and research by college and university students and their faculty advisors. Students frequently come from science, engineering, mathematics, and technology studies, but creative invention can emerge from any course of study.

  • Amount: $100,000
  • Deadline: June 14, 2020

CIA Undergraduate Scholarship Program

Full-time students can spend their summer breaks working with the Central Intelligence Agency in Washington, D.C., doing meaningful work related to their major. Requires 3.0 GPA, 1000 SAT/21 ACT, and sufficient financial need.

  • Amount: Salary up to $38,701 and tuition assistance up to $18,000
  • Deadline: Early 2020

Last-Minute Scholarships

Students can apply to these even in August (or later!) for the coming academic year.

Candere Scholarship

Scholarships available to full-time traditional undergraduate students who are active members in their college community.

  • Amount: $350
  • Deadline: December 30th, 2018

Scholarships That Don’t Require You to Demonstrate Financial Need

Carson Scholars Fund

College scholarships for students in grades 4 through 11 who excel academically and are dedicated to serving their communities. Interested students must be nominated by their school to be able to compete for a Carson Scholarship.

  • Amount: $1,000
  • Deadline: December 20

“Inspire Our Future” scholarship

Scholarships for students studying to become a teacher, or pursuing a career in direct student education.

  • Amount: $500
  • Deadline: April 1, 2020

KSF Scholarship Competition

Participate in scholarship quizzes that test your knowledge of various academic subjects. You will be scored based on a combination of time and accuracy. Students with the highest scores at the end of each competition win.

  • Amount: $2,500
  • Deadline: Varies

Richard and Elizabeth Dean Scholarship

Scholarships based on academic merit, with an initial minimum GPA of 4.0 and renewal conditional upon maintenance of a 3.25 GPA.

  • Amount: $5,000 renewable each year for a total of $20,000
  • Deadline: February 10, 2020

DAR Scholarships for Political Science, History, Government and Economics

Scholarships for students interested in studying political science, history or economics.

  • Amount: Up to $5,000
  • Deadline: February 15

Spirit of Anne Frank Scholarship

Write an essay describing contributions you have made to your community and how their goals are inspired by Anne Frank with a focus on commitment to social justice.

  • Amount: Up to $10,000
  • Deadline: March 17

American Bullion Scholarship

Submit a 500 – to 1000 – word essay that answers the following question: “What are the benefits of diversifying a retirement account with gold and bitcoin?”

  • Amount: $1,000
  • Deadline: October 31

Scholars Helping Collars Scholarship

Submit a 500 – to 1000 – word essay describing the impact you have made in the life of a rescue animal or animal welfare cause in general. You must also submit two to three photos of your volunteer efforts

  • Amount: $1000
  • Deadline: February 28, 2020

Blades of Green Scholarship Fund

For students pursuing education in environmental studies or related fields. Submit a 350 to 500 word letter of intent describing your career path, passion for your intended field and what inspired your pursuit of your field in order to be considered for this award.

  • Amount: $1,000
  • Deadline: March 15, 2020

College Scholarship

Have a minimum 2.8 GPA and submit a 500-700 word essay to qualify for this award. The essay should detail how you are driven to innovate, how you plan to influence progress on any level in any space or how you have already affected positive change with creative thinking.

  • Amount: $1,000
  • Deadline: December 1

ScooterInside Scholarship

Submit an essay of between 700 and 1500 words that discusses the importance of social media marketing and how search engine optimization can help local business get more clients in order to be considered for this award.

  • Amount: $1,200
  • Deadline: October 30

Scholarships for STEM Students

(ISC)² Undergraduate Cybersecurity Scholarship

Scholarships pursuing or planning to pursue a degree with a focus on cybersecurity or information assurance. Must be a high school senior or undergraduate student.

  • Amount: $5,000
  • Deadline: March 1

George and Vicki Muellner Scholarship for Aerospace Engineering

Scholarships for college students who are AIAA members and studying to enter the aeronautics industry.

  • Amount: $5,000
  • Deadline: January 31

Women Techmakers Scholars Program

Scholarships for women currently enrolled in or accepted to a bachelor’s, master’s, or PhD program in computer science, computer engineering, or a related field.

  • Amount: $10,000
  • Deadline: Spring 2020

Thermo Fisher Scientific Antibody Scholarship

Scholarship available to undergraduate and graduate students with a 3.0 or better GPA majoring in biology, chemistry, biochemistry, or a related life science.

  • Amount: Up to $10,000
  • Deadline: May 31, 2020

AfterCollege STEM Inclusion Scholarship

Scholarship for students in a STEM major from an ethnic group underrepresented in their field of study.

  • Amount: $500
  • Deadline: September 30

AAAS Minority Science Writers Internship

Program places minority students interested in journalism as a career and who want to learn about science writing at Science Magazine for 10 weeks over the summer. Interns experience what it’s like to cover the scientific and technological issues that shape our global community.

  • Amount: Varies
  • Deadline: February 1, 2020

Elizabeth J. Davis Scholarship

Scholarships for students studying nursing (RN or LPN), physical therapy, speech therapy, occupational therapy, or medical social work

  • Amount: $3,000
  • Deadline: February 15, 2020

Environmental Studies/Natural Science Scholarship Program

Scholarships for Environmental Studies/Natural Science college students. Write a brief essay on a provided topic to apply.

  • Amount: $1,000
  • Deadline: March 31, 2020

EPP Undergraduate Scholarship Program

Program targets students who have completed their sophomore year, attending minority serving institutions (MSIs), and have recently declared, or about to declare a major in atmospheric, oceanic, or environmental disciplines that support these sciences.

  • Amount: $45,000
  • Deadline: January 31

HENAAC Scholars Program

Scholarships for Hispanic/Latinx students who demonstrate leadership within their community and who are pursuing or intend to pursue a degree in STEM.

  • Amount: $10,000
  • Deadline: April 30, 2020

Scholarships for Women

(ISC)² Women in Information Security Scholarship

Scholarships for women pursuing or planning to pursue a degree with a focus on cybersecurity or information assurance. Must be a high school senior or undergraduate student to apply.

  • Amount: $40,000
  • Deadline: April 15, 2020

Beyoncé Formation Scholarship

Scholarship for the 2017-18 academic year to encourage and support young women who are bold, creative, confident, and unafraid to think outside the box. For students attending Berklee College of Music, Howard University, Parsons School of Design, and Spelman College.

  • Amount: Up to cost of tuition
  • Deadline: May 12

Adobe Research Women in Technology Scholarship

The Adobe Research Women-in-Technology Scholarship recognizes outstanding undergraduate and masters female students anywhere in the world who are studying computer science.

  • Amount: $10,000
  • Deadline: September 28

Women in Public Finance Scholarship

Scholarships for women who have an interest in public finance.

  • Amount: $3,000
  • Deadline: August 15

Women in Aviation Scholarships

Scholarships for members of the Women in Aviation association who have a passion for aviation.

  • Amount: Up to $5,000
  • Deadline: November 16

All Women In Media Scholarships

Scholarships for current women college students who write or make a short video profiling an influential or inspirational woman in their community.

  • Amount: $2,500
  • Deadline: May 1

Advancement of Women in Sports and Entertainment Scholarship

Scholarships for women pursuing a degree in Communication Studies, Marketing, Public Relations, Media Studies or Journalism.

  • Amount: $1,000
  • Deadline: June 14

BHW Scholarship

Scholarships for women who are pursuing an undergraduate or graduate degree in STEM.

  • Amount: $3,000
  • Deadline: April 15

Distinguished Young Women Scholarship

Scholarship for female students who have participated in a Distinguished Young Women program.

  • Amount: Varies
  • Deadline: Continuous

1000 Dreams Scholarship Fund

Educational assistance for currently enrolled high school or college-aged women throughout the United States. Can be used for a variety of expenses other than college tuition, such as books, programs related to creative or artistic pursuits, bills, etc.

  • Amount: $1,000
  • Deadline: November 2018

Scholarships for Members of Ethnic Groups

Groundbreaker Leadership Scholarship

Financial assistance for Asian American college seniors and graduate students who have exhibited exemplary leadership, vision, and passion that is blazing a trail for others to follow and changing lives in the Asian American community.

  • Amount: $1,500
  • Deadline: May 7, 2020

Blacks at Microsoft Scholarships

Scholarships for students of African descent who have a passion for technology and plan to pursue a degree in engineering, computer science, or select business programs.

  • Amount: $5,000 (renewable)
  • Deadline: April 15, 2020

HSF Scholarship

Scholarships for students of Hispanic heritage.

  • Amount: Up to $5,000
  • Deadline: April 6

CBC Spouses Education Scholarship

Scholarship for African-American students with leadership ability and a desire to participate in community service.

  • Amount: Up to $8,200
  • Deadline: May 1

Adelante! Fund Scholarships

Multiple scholarships to inspire Latino students to graduate and lead, along with internships and leadership training.

  • Amount: Up to $3,000
  • Deadline: June 5

UNFC Scholars Program

Scholarships and academic support for a total of 500 talented African American high school students who aspire to earn STEM degrees and to pursue careers in STEM fields.

  • Amount: Up to $25,000 (spread over up to 5 years of college)
  • Deadline: January 1, 2020

AMS Minority Scholarships

Scholarship funding to minority students who have been traditionally underrepresented in the sciences, especially Hispanic, Native American, and Black/African American students. Two-year scholarship ($3,000 freshmen + sophomore year).

  • Amount: $6,000
  • Deadline: February 2, 2020

Brown and Caldwell Minority Scholarship Program

Scholarships for minority students with a declared major in civil, chemical or environmental engineering or one of the environmental sciences (e.g. biology, geology, hydro-geology, ecology).

  • Amount: $5,000
  • Deadline: April 15, 2020

Carrington-Philbert Scholarship

A one-time scholarship for entering African American U.S. college freshmen. Applicants may be attending a community college or 4-year college.

  • Amount: $2,500
  • Deadline: September 30

Chips Quinn Scholars Program

Program offers training and financial support intended to open doors to news and information careers and bring greater diversity to the newsrooms of the U.S.

College juniors, seniors, graduate students and recent graduates with majors in journalism or career goals in journalism are eligible to apply.

  • Amount: $1,000
  • Deadline: October 1, 2018

Scholarships for LGBT Students

Out to Innovate Scholarships

Scholarships for LGBTQ students interested in pursuing a STEM career.

  • Amount: $5,000
  • Deadline: June 2

League Foundation LGBTQ Scholarships

Scholarships for graduating seniors with special consideration given to those with activities and leadership roles relating to LGBTQ communities.

  • Amount: Up to $2,500
  • Deadline: April 15, 2020

Out to Protect Scholarship

Scholarships for LGBT students who are currently enrolled in a basic law enforcement training program.

  • Amount: Up to $1,000
  • Deadline: December 2018

Pedro Zamora Public Policy Fellowship

Scholarship for students and young professionals seeking experience in HIV-related public policy and government affairs.

  • Amount: $4,000 ($1,000/month stipend paid over the four-month fellowship)
  • Deadline: June 29, 2020

Gay Asian Pacific Alliance Foundation Scholarship

Financial assistance to students who express activism in the Asian and Pacific Islander LGBT communities.

  • Amount: Up to $5,000
  • Deadline: June 30, 2020

American Atheists Gay/Lesbian College Scholarship

Scholarships for LGBT students who combine activism for gay rights with activism for the rights of atheists

  • Amount: $500
  • Deadline: February 1

The Make It Safe Project Writing Scholarship

Funds scholarships for writers of stories/poems containing queer and trans characters (under 2,000 words). Winners receives $500 and publication. All queer and trans youth ages 13-18 residing in the United States are eligible to submit.

  • Amount: $500
  • Deadline: Spring 2020

Bill Caspare Memorial Fund Diversity Scholarship

Scholarships for LGBTQ students interested in careers in new media, digital advertising, or data science. Also open to African-American, Asian-American, Hispanic, and Native American students.

  • Amount: Up to $10,000
  • Deadline: July 14

Victor Agnoni Visual Arts Foundation – VAVAF

This scholarship is open for LGBTQ high school seniors entering college with a qualifying visual arts portfolio. Recipient will receive a $1,500 award. Applicant need not major in arts in college.

  • Amount: $1,500
  • Deadline: Fall 2020

Michael Moody Fitness Scholarship

A college scholarship of $1,500 awarded to a high school senior, undergraduate, or graduate student who has demonstrated outstanding achievement, participation and leadership in school activities and work experience, and interest in pursuing a career in the health and fitness related fields.

  • Amount: $1,500
  • Deadline: July 15, 2020

My First Blush LGBTQ Leadership Scholarship

The LGBTQ Leadership Scholarship by My First Blush is a $1,000 to $1,500 grant available to LGBTQIA honors students who have taken action to support or advance the rights of the LGBTQ community.

  • Amount: $1,500
  • Deadline: June 30, 2020

Scholarships That Don’t Require an Essay

US Bank Scholarship

Students enter for a chance to win a $20,000 scholarship.

  • Amount: $20,000
  • Deadline: October 27

“No Essay” Scholarship

Create an account with Niche for a chance to win a $2,000 scholarship.

  • Amount: $2,000
  • Deadline: May 31

CARiD Scholarship

Submit a photo inspired by any aspect of the automotive industry to qualify for this award. Submissions could be of your first car, custom modifications you’ve made, something that makes your vehicle unique, the coolest vehicle you’ve ever seen, etc.

  • Amount: $1,000
  • Deadline: October 31

Liaison’s Data-Inspired Future Scholarship

Submit a 30 to 60 second video that discusses, explains or demonstrates an important aspect of data in today’s or tomorrow’s society and also includes one interesting fact about yourself in order to be considered for this award.

  • Amount: $5,000
  • Deadline: October 31

eCommerce Entrepreneur Scholarship

Applicants must submit a short video of less than three minutes that covers why you are passionate about being an entrepreneur, why you are drawn specifically to internet business. In addition to the scholarship award amount, winners will receive training in running an internet business.

  • Amount: $1,000
  • Deadline: December 1

$5,000 VIP Voice Scholarship

Complete surveys for an opportunity to win a monthly $5,000 scholarship. The more surveys you complete, the better your odds of winning.

  • Amount: $5,000
  • Deadline: Continuous

National AG Day Essay OR video Contest

Create a video addressing this year’s topic “Agriculture: Food for Life” to be considered for a $1,000 scholarship.

  • Amount: $1,000
  • Deadline: January 31, 2020

Project Yellow Light/Hunter Garner Video Scholarship

Create a short video motivating and discouraging students from distracted/texting and driving.

  • Amount: $5,000
  • Deadline: April 1, 2020

Social Entrepreneur Award

Create a proposal that addresses one of the listed “critical issues” to receive $10,000 in seed grant funding!

  • Amount: $10,000
  • Deadline: March 1, 2020

Youth Free Expression Film Contest

NCAC’s Youth Free Expression Film Contest invites filmmakers under 19 years old to submit a four-minute film on a specific topic.

Each film must be accompanied by an artist’s statement discussing the elements that speak to these or other reflective questions about the limits of protest.

  • Amount: $1,000
  • Deadline: May 15, 2020

Scholarships for Students Who Have Overcome Adversity

Life Lessons Scholarship Program

Recognizing the character and perseverance that so many young people show in the face of such adversity, Life Happens sponsors the annual Life Lessons Scholarship Program for college students and college-bound high school seniors. Qualified entrants who submit essays or videos about how the death of a parent impacted their lives are eligible for scholarship money.

  • Amount: $20,000
  • Deadline: March 1, 2020

Scholarship America Dream Award

the Dream Award is Scholarship America’s unique renewable scholarship program for financially needy students who have overcome barriers and successfully started their college education.

  • Amount: $15,000
  • Deadline: December 15

Lighthouse Guild

For college-bound students and graduate students who are legally blind.

  • Amount: Up to $10,000
  • Deadline: March 31

American Foundation for the Blind

Recipients must be legally blind and may have an interest in engineering, computer science, rehabilitation, music, and literature.

  • Amount: Up to $3,500
  • Deadline: April 1

State Farm Good Neighbor Scholarship

Financial assistance to students who plan to attend college, technical, or vocational school, but may not be able to meet the expenses of a higher education without aid; often for those who do not qualify for other scholarships.

  • Amount: $2,500 renewable for one year for a total of $5,000
  • Deadline: January 1

Anne Ford and Allegra Ford Thomas Scholarships

Scholarship recognizing outstanding high school students with learning and attention issues.

  • Amount: Up to $2,500 a year over four years
  • Deadline: Continuous

Cogburn Adversity Scholarship

Scholarship for student who submits the winning essay or video demonstrating how he or she has overcome great personal adversity.

  • Amount: $5,000
  • Deadline: June 1

Jackie Spellman Scholarship

Scholarships for people who have been affected by leukemia or lymphoma.

  • Amount: Up to $2,000
  • Deadline: April 15

National Law Enforcement and Firefighters General Scholarship

Scholarship for dependent children of a law enforcement or firefighter killed or disabled in the line of duty.

  • Amount: Up to $5,000
  • Deadline: July 1

Horatio Alger National Career & Technical Scholarship Program

For students who exhibit a strong commitment to complete a career or technical program, critical financial need, and perseverance in overcoming adversity.

  • Amount: Up to $2,500
  • Deadline: Rolling

The Fabriele Disability Awareness Scholarship

Essay contest for students with disabilities or who have a family member with a disability.

  • Amount: $1,000
  • Deadline: May 31

Scholarships for Students with Community Service Experience

Emmy Scholarship Programs

Scholarships awarded to students pursuing a career in any aspect of the television industry, who have made a positive impact through community service.

  • Amount: $10,000
  • Deadline: February 28

National Honor Society Scholarship

Scholarships for NHS members making a difference in their schools and communities through leadership, service, and character.

  • Amount: $25,000
  • Deadline: December 14

Seth Okin Good Deeds Scholarship

Scholarship recognizing students doing meaningful community service.

  • Amount: $500
  • Deadline: September 30

American Red Cross Jane Delano Scholarship

Scholarships for students interested in a career in nursing who have contributed volunteer service to the Red Cross.

  • Amount: $3,000
  • Deadline: May 10

Gloria Barron Prize for Young Heroes

Scholarships for public-spirited young people doing humanitarian work.

  • Amount: $10,000
  • Deadline: April 15

Youth Forward Scholarship

Scholarships for students who write an essay describing their commitment to volunteering.

  • Amount: $1,500
  • Deadline: August 1

Jesse Brown Memorial Youth Scholarship

Scholarship for young volunteers who have dedicated 100+ hours to serving veterans.

  • Amount: Up to $20,000
  • Deadline: February 29

Insureon Small Business Scholarship

Scholarship available to entering freshmen impacted by their experience working for a small business, or running their own business. To apply, submit a 500 – to 750 – word essay describing your favorite small business and why it is important to you. Preference given to students with community leadership experience.

  • Amount: $2,500
  • Deadline: October 19

Matt Fong Asian Americans in Public Finance Scholarship

Scholarships for students pursuing finance/accounting degrees who have demonstrated community service/leadership experience.

  • Amount: $5,000
  • Deadline: April 9, 2020

Scholarships for Artsy Kids

 

YoungArts Scholarship

Scholarships for student artists in film, design, music, dance, photography, visual arts, theater, and writing.

  • Amount: Up to $10,000 and a master class in your artistic discipline
  • Deadline: October 13

Gabriel Prize Competition

Students pursuing a career in architecture submit illustrations of personal work to the competition. Winners receive a three-month trip to France to study classical architecture and the landscape.

  • Amount: $20,000
  • Deadline: June 1, 2020

Houzz Scholarship Program

Scholarships for students enrolled in architecture, interior design, and landscape architecture programs at the undergraduate or graduate level.

  • Amount: $2,500
  • Deadline: June 30, 2020

Randy Pausch Scholarship

Applicants to the Randy Pausch Scholarship must intend to pursue a career in any aspect of game development including: art, animation, programming, engineering, game direction, game design, sound design, and music composition.

  • Amount: $2,500
  • Deadline: June 30, 2020

Kodak Student Scholarship Program

Submit a completed film that communicates a story or theme in some fashion. Submissions can be no longer than 30 minutes.

  • Amount: $5,000 scholarship tuition award + $5,000 KODAK motion picture grant
  • Deadline: May 18, 2020

John F. and Anna Lee Stacey Scholarship Fund

Scholarships for students who practice classical/traditional art in the mediums of painting, drawing from figure, landscape, and composition.

  • Amount: $5,000
  • Deadline: February 1, 2020

Mister Rogers Memorial Scholarship

Two scholarships to graduating seniors (must be continuing directly to graduate school) and graduate students (Masters or Ph.D) to support and encourage them to pursue a career in children’s media and further the values and principles of Fred Rogers’ work.

  • Amount: $5,000
  • Deadline: January 31, 2020

MIT Inspire Contest

Annual humanities/arts contest in which participating high school students, as individuals or teams of two will submit research reports in one of 13 fields, such as history, economics, or philosophy.

  • Amount: $10,000
  • Deadline: November 30

Mary Doctor Performing Arts Scholarship Fund

For students pursuing a degree in a discipline related to the performing arts (e.g., music, dance, theater, etc.)

  • Amount: $10,000 (renewable)
  • Deadline: April 5, 2020

Krylon Clear Choice Art Scholarship

Scholarship for students planning to major in visual arts. To apply, submit a portfolio of three to six works of art/images on CD.

  • Amount: $1,000
  • Deadline: May 31

Military Family Scholarships

ThanksUSA Scholarship Program

Scholarships for dependents and spouses of military personnel.

  • Amount: $3,000
  • Deadline: May 15

Army Engineer Memorial Awards

Open to any graduating high school senior who is a citizen of the United States and whose sponsor, parent, or legal guardian is a U.S. Army Engineer (active duty, retired or deceased), National Guard U.S. Army Engineer, Reserve U. S. Army Engineer, or current Department of the Army employee of the U.S. Army Corps of Engineers (USACE), as well as a current member of the Army Engineer Spouses Club.

  • Amount: $2,000
  • Deadline: March 15, 2020

Scholarships for Military Children Program

Scholarships for children of an active duty, reserve/guard, or retired military commissary customers.

  • Amount: $2,000
  • Deadline: Early 2020

Samsung American Legion Scholarship

Scholarship support for high school juniors who are members of the American Legion and are direct descendants of wartime U.S military veterans who served on active duty.

  • Amount: Up to $10,000
  • Deadline: April 20

Freedom Alliance Scholarship Fund

Must be a dependent of a military service member who has been disabled, killed in action, or is a prisoner of war.

  • Amount: Varies based on need; average award will be a “significant portion of the student’s tuition”
  • Deadline: July 31

The Military Commanders’ Scholarship Fund

Must be a dependent of activity duty, reserve/guard, or retired service members.

  • Amount: $5,000
  • Deadline: November 2018

70th Infantry Division Association Scholarship

Scholarship for the relatives and spouses of those who have served, or are currently serving, under the colors of the 70th Infantry Division.

  • Amount: $500
  • Deadline: August 30

Army ROTC Green to Gold Scholarship Program

For students with leadership potential within the Army ROTC program. Awards may be for two, three, or four years. Recipients will receive tuition or room and board support, additional money for textbooks, supplies, and equipment, and a monthly stipend for up to 10 months each school year

  • Amount: Tuition support + stipend (varies)
  • Deadline: Rolling

Kathern F. Gruber Scholarship

Awards for Spouses, dependent children, and grandchildren of blinded veterans are eligible for the annual Kathern F. Gruber Scholarship to assist them with their higher education tuition.

  • Amount: $2,000
  • Deadline: April 21, 2020

Military Child of the Year Award

The Military Child of the Year Award recognizes outstanding military children who demonstrate resiliency, leadership, and achievement in their communities.

  • Amount: $10,000
  • Deadline: December 5

Study Abroad Scholarships

Christianson Grant

Grants awarded to young Americans who have arranged their own service projects abroad. Proposed programs must be at least six months in length and emphasize a work component.

  • Amount: Up to $10,000
  • Deadline: March 15, July 15, October 15

NESP David Boren Scholarships

Scholarships for students to study less commonly taught languages in world regions critical to the U.S., including Africa, Asia, Central and Eastern Europe, Latin America, and the Middle East.

  • Amount: Up to $20,000
  • Deadline: February 9

Gilman International Scholarship Program

Scholarship for low-income students who are interested in studying or interning abroad.

  • Amount: Up to $5,000
  • Deadline: April 15, 2020

IES Abroad Diversity Scholarships

Diversity Scholarships support and encourage students from a wide range of institutions and under-represented populations on an IES Abroad study abroad program.

Under-represented students include students from under-represented racial and ethnic groups, first generation to college students, students from low income families and students with a history of overcoming adversity.

  • Amount: $5,000
  • Deadline: Year-round

Diversity Abroad Study Abroad Overseas Ambassador Scholarship

Available to minority undergraduate students who have been accepted to study abroad.

  • Amount: $500
  • Deadline: June 1

John S. Linakis Scholarship

Scholarships for students with financial need who are interested in social justice. Must complete an essay that details how studying abroad will influence your commitment to social change.

  • Amount: Full scholarship to an AIFS program
  • Deadline: Spring 2020

Fulbright U.S. Student Program

Includes a wide range of study/research programs available for graduating college seniors.

  • Amount: Varies
  • Deadline: October 11

IES Abroad Historically Black Colleges and Universities (HBCU) Scholarships

Study abroad program scholarships open to students who are currently attending an HBCU, a historically black college or university.

  • Amount: $2,000
  • Deadline: Beginning of each semester/year depending on SA program

AIFS HACU Scholarship

Scholarships for outstanding Latino students attending HACU schools to study abroad.

  • Amount: 50% of AIFS program fee
  • Deadline: April 15, October 1, March 1

Research Internships in Science and Engineering (RISE)

Summer internships in Germany for Canadian and US undergraduate students in the fields of biology, chemistry, physics, earth sciences and engineering. RISE fellows work directly with doctoral students in research groups at top German universities and institutions and can expect to gain serious hands-on research experience.

  • Amount: Program and housing fees + Stipend (varies)
    Deadline: 
    January 15, 2020

Scholarships with Religious Affiliations

Stanford and D’Orlando Legal and Art Scholarships

Scholarships for Unitarian Universalists interested in studying art or law.

  • Amount: Varies
  • Deadline: February 15

Aziz Jamaluddin Scholarship

Scholarships for Muslim students pursuing degrees in journalism or political science.

  • Amount: $4,000
  • Deadline: March 15

Dr. Abdulmunim A. Shakir Scholarship

Scholarships for Muslim freshman college students pursuing a degree in any field of study.

  • Amount: $1,000
  • Deadline: March 15

American Jewish Historical Society Scholarships

Scholarships and grants for undergraduate and graduate students interested writing about or researching topics related to Jewish history, the Jewish experience, etc.

  • Amount: Up to $6,000
  • Deadline: April 20

National Catholic Colleges Scholarship

Scholarship for students attending a National Catholic College Association member institution.

  • Amount: $1,000
  • Deadline: March 1

“Your RoadMap” $2,000 Christian College Scholarship

Fill out a registration form that sends your personal information to a list of Christian colleges; scholarship winner will be selected from a drawing of registrants.

  • Amount: $2,000
  • Deadline: June 30

Young Christian Leaders Scholarship

For students possessing a profound measure of character, commitment to service, and financial need.

  • Amount: $1,000
  • Deadline: The 15th of every month

Young Life Scholarship

Scholarships available to full-time traditional undergraduate students who are active members in Young Life are eligible for a scholarship for their first year (transfer students not eligible).

  • Amount: $4,000
  • Deadline: Fall 2018

How to Build an Emergency Savings Fund & Stop Being Broke

Having a 6-month emergency savings fund is harder for some generations.

According to a new survey from Bankrate, 66 million Americans do not have emergency savings.

To sum it up:

  • One-third of Americans ages 36-51 years old (Gen X) have savings.
  • Only 27% of other Americans of all ages have anything saved up.

It’s no secret that it is very important to have an emergency savings account of 6 months of liquid cash so that in the event of an emergency such as losing your job, medical bills, or auto maintenance you will be covered.

But an astonishing only 28% of all Americans, according to the new survey, have put aside any savings into this emergency fund of 6 months of expenses.

The silver lining if there is one?

That percentage has risen by 6% from one year ago.

Furthermore, nearly half of Americans older than 71 years old have enough savings for six months of living expenses.

Millennials (ages 18 through 34) have the same saving habits as Gen Xers, with two-thirds reporting at least some savings.

The one-third without savings should check out ways to save by eliminating debt and alternative money making methods. It may be difficult more millennials are save when they are in low-paying jobs and have crippling student loans. However, it is not your salary that makes you rich, it is your spending habits.

According to the study, half of the Americans with annual incomes of 75K or more have emergency savings fund, while more than half of Americans with incomes of less than 30k have nothing saved.

While top savings for an emergency savings fund competes with saving for retirement, paying off loans, rent, car payments, and all the expenses you incur every month: it still is possible. 

Emergency Savings Fund

How You Can Start Saving Money

But you know what? Over time building better saving habits gets easier and you can start saving money without even thinking about it.

Start small.

Take a look at your budget and all your bills and see how much you have left over every month.

Take a portion of that and put it into a separate savings account where you won’t be able to spend it. Don’t even think about it anymore. Treat that money as if it was already gone. That puts you one step closer to financial freedom.

The best part? Setting a monthly savings goal becomes very addicting very quickly. You will work hard to meet your target and if you don’t, you will be disappointed.

You can also look into using saving apps like Truebill or Acorns. If you’re currently a student then you should consider using top student sites that can help you sort your finances and studies.

Do this for yourself if you already don’t.

And if you are a saver, then always focus on increasing your goal.

You will thank your future self.

Make early retirement and paying off your mortgage a goal and always dream of it.

If you work at it, you will get there.

Silver Lining

The overall picture appears to be improving, however. June marks the 25th consecutive month that Americans’ financial security has improved, with men reporting more security for the 28th straight month.

Women have reported increasing financial security in 16 of 28 months including eight of the past 12.

Sites such as SavingExpert provide guidance and financial clarity for those who need it.

It is no longer the day and age where you need a financial adviser, with the internet you can gather the help you need.

If you have any financial questions feel free to leave a comment below. I am always happy to help and utilize my experience in the field of money to help out fellow young adults and millennials.