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.