The financial challenges millennials face can be overwhelming. Many young adults have to figure out how to pay off college loans, save to buy a home or start a family, and sock away money for retirement. Given these hurdles, it's no wonder that life insurance as a financial asset gets little to no attention. But it should.
What's New in the College World?
If you're the parent or grandparent of a current or prospective college student, you might be interested to learn what's new in the world of higher education.
Higher college costs
For the 2018-2019 school year, average costs for tuition, fees, room, and board were:
$21,370 at public colleges (in-state)
Is It Time to Declare Your Financial Independence?
No matter how much money you have or which life stage you're in, becoming financially independent starts with a dream. Your dream might be to finally pay off the mountain of debt you've accumulated, or to stop relying on someone else for financial support.
Financial Advice for Recent College Graduates
You've put in the hard work as a college student and finally received your diploma. Now you're ready to head out on your own. And though you may not have given much thought to your financial future when you were in college, you have new financial challenges and goals to consider.