Sharing a living space with your first college roommate can be exciting and intimidating at the same time. There’s a lot to navigate that exists outside of your control: habits, personalities, cuisine, culture, and a number of other lifestyle factors shared in a tight space. You’re not alone in your concerns, though, and it’s likely your roommate has been thinking something similar. Finding harmony in your college roommate experience requires a number of soft skills to foster a positive relationship and safe living environment. And I bet that if thousands of students have successfully navig ..read more

Earnest and SoFi are two student loan lenders that give borrowers the option to refinance their student loans. Each company offers additional benefits, ranging from professional networking to taking a month off from making payments. Student loan refinancing replaces your existing loans with a new loan. It can be a good way to lower your monthly payment or reduce your interest rate. Is refinancing your student loans right for you? We’ll compare Earnest and SoFi while diving into some things you should consider before you do so. Table of Contents Company Overviews Comparing Loan Features Bo ..read more

The new interest rates on federal student loans for 2024-25 have increased by more than a full percentage point.  The interest rates on federal student loans are fixed interest rates for the life of the loan. New interest rates apply to loans disbursed between July 1 and June 30. The interest rates are based on the high yield of the last 10-year Treasury Note auction in May, which was on May 8, 2024. The interest rates on the 10-year Treasury Note are influenced by a short-term interest rate called the Federal Funds Rate, which is set by the Federal Reserve Board. The Federal Reserve Bo ..read more

Options trading offers interesting opportunities to educated and savvy investors, with the potential to profit from swings in market prices and other strategies can help protect yourself from losses if an investment strategy doesn’t pan out as expected. But that’s not all you can learn from options trading. By reviewing options trading data, you may be able to spot irregular activity by other traders, giving you critical insights into what others may be thinking and expecting. Here’s a closer look at how you can hunt down and keep track of unusual options trading activities to give you a pot ..read more

AllInvestView allows you to track your investments and monitor your portfolio. Many successful investors have dull investment strategies that require little monitoring or analysis. For these investors, occasional rebalancing is all that’s required to keep their portfolios on track. But if you invest in individual stocks, bonds, and crypto, analyzing your investment returns requires more attention. And while they might not admit it, many investors enjoy diving deep into portfolio analytics.  If you’re heart flutters when you get to use interactive charts to analyze your portfol ..read more

Are There Student Loans That Pay Directly To You? This question is about student loans. No. All qualified education loans are paid directly to the school first. There are NO student loans that pay directly to you. Federal loans are required by law to be paid directly to the Title IV eligible institution. Private education loans must also be paid directly to the school to be a qualified education loan. This is a common myth that we see spread each year. The idea that there may be a student loan that is paid directly to you (sometimes called direct-to-consumer loans). This is incorrect. Th ..read more

A common question we see every year is "can you take out more student loan debt than you need?" It sounds crazy, but some people want to take advantage of the low fixed costs and loan forgiveness options than may come in the future. With the rising costs of tuition, fees, and college living expenses, financing a college education is becoming increasingly difficult. The fact remains that many students will apply for student loans. And while loans provide essential financial support, they come with significant responsibility and long-term implications. So how much do you really need? How much ..read more

When it comes to investing, picking the right trading app can make a big difference. Not only will a smooth user experience with all the features you seek streamline your investment process, but also minimal fees can help make the most of your potential profits.  Some popular investment apps today include Robinhood, moomoo, and Webull. But the right one varies based on your preferences and needs.  In partnership with moomoo, let’s explore each to give you a better idea of which option might be the best fit for you. If you’re curious about getting started with moomoo, open and fund ..read more

Do Credit Unions Offer Student Loans? This question is about private student loans. Yes, some credit unions do offer student loans. However, your mileage may vary when it comes to your local credit union. Student loans are niche lending products for credit unions, and some of the largest credit unions will offer both private student loans and student loan refinancing.  There are also organizations like CU Select, which matches prospective borrowers with credit unions that offer student loans. They work with a network of 225+ credit unions to help match you with one that can offer yo ..read more

With college becoming more expensive, how can parents afford to send a kid to school? More than a decade after completing college, 7% of Millennials still have more than $50,000 in student loan balances. Facing our reality of digging out of debt and knowing our friends' horror stories, many millennials are motivated to help their kids get through college debt-free.  While we can’t promise that you’ll be able to help your child avoid debt, we’ve got realistic tips to cover the cost of college from the day your child is born to after they graduate. Table of Contents How To Save For Col ..read more