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Off to College? Here's How Much Spending Money Your Kid Needs their First Year

January 17, 2022

If your child is heading off to college soon, you’ve probably considered costs like tuition, housing, food and books. But have you considered your college student’s need for spending money?
 
These are the one-off expenses like concert tickets, late-night pizza orders, or a university sweatshirt imprinted with the school mascot. And all those expenses can quickly add up. It’s never too early to start discussing college spending and budgeting with your teens. There are a few things to consider when financially preparing for freshman year.

How to Budget For Your Next Home Renovation

November 8, 2021

In 2020, Americans spent much more time than usual working, eating and entertaining themselves inside their homes. That’s due in no small part to the COVID-19 pandemic. One study by the U.S. Bureau of Labor Statistics found Americans spent 10 waking hours a day at home in 2020; in 2019 it was less than eight hours a day.

That meant Americans also had more time to scrutinize their spaces — which has led to a serious home improvement boom. Spending for nearly every kind of home improvement and renovation project, from painting and other minor facelifts to a complete home renovation, grew nearly 3% to $420 billion in 2020, and it’s expected to grow another 4% by the end of 2021.

Posted in: home, improvement, loan, money, remodel, save

Everything a Brand-New College Student Needs to Know About Banking and Finances

August 3, 2021

Going to college is an exciting time. For many young adults, it’s their first taste of independence, and with that comes an opportunity to build a foundation for their financial future. To help them start strong, we’ve outlined information on the best bank accounts for students and financial tips for college students.

Posted in: budgeting, finances, student