Author Archives: Corey

How to Save Money: Even Your Milk Money Counts

How to Save Money: Even Your Milk Money Counts

Do you find yourself saying that you don’t have enough money? Is it hard to find the pennies necessary to pay the bills? Saving money can be difficult at times for a lot of reasons. Whether it is because you are stuck in contract to lease a car or can’t stop yourself from buying the latest, greatest item, it can be hard to save money. The simple fact is that it is hard to postpone gratification when you get a “high” right now. The important principle in understanding how to save money is that every little bit helps… even your milk money. Continue Reading

Average Tuition Increase Rates: Why High Projections are WRONG

Average Tuition Increase Rates: Why High Projections are WRONG

If you being responsible and saving for your child’s education years before he/she attends college, I bet you have taken a look at the average tuition increase in order to try and estimate the amount you need to save so that your child doesn’t have sell a body part in order to pay for school. As a person who has paid 3 different schools for tuition (and recently), I know how difficult it can be to pay for the high tuition costs. While tuition costs are certainly high, it doesn’t mean that the estimates of high annual tuition increase predictions are accurate. For those trying to estimate how much college will cost in the future, you need to read this! Continue Reading

When are You Ready to Buy a House?

When are You Ready to Buy a House?

Buying a home is a BIG financial commitment that should not be taken lightly. As with all big decisions in life, the answer to whether you are ready to buy a home is very personal. There are a lot of factors at play and only you can answer this question. This guide will give you the information to make an informed decision. I detail the costs of home ownership (both common and hidden expenses), and also give you key benchmarks to help you make the decision. Continue Reading

Why Lease a Car: Reasons It’s Better than Buying

Why Lease a Car: Reasons It’s Better than Buying

Have you ever thought that you knew what the right financial decision was, only to be convinced the other way? Recently, a friend of mine told me of her desire to lease a car and she wanted my help. Originally, I was a skeptical, telling her that the best financial decision she could make would be to buy a used car, not lease a new car. While I still stand by my decision, I have come to realize that everyone’s situation is different. It may be easy to convince yourself that you have the best solution to a life situation for someone else, but it is much different to make it a reality. Continue Reading

Best Practices for Establishing Credit

Best Practices for Establishing Credit

In today’s world, a good credit score is a powerful tool for financial stability. It may determine if you can borrow money for a mortgage, car or other loan and what interest rate you’ll pay for that loan. Your credit score may also be a factor in whether or not you can rent an apartment or how much you pay for insurance. The two major credit scores are the FICO score used mainly for lending decisions, and the VANTAGE score, created by the three major credit bureaus to compete with FICO. Continue Reading

Don’t Buy a Home Too Early! Here’s What Could Happen If You Do

Don’t Buy a Home Too Early! Here’s What Could Happen If You Do

Two years ago we felt good about exploring all types of housing when we were planning the move to Boston. It was difficult to find an affordable apartment to rent, so we explored buying a home of our own – or technically, a condo of our own. As many of you already know, we have since bought a home. Knowing what I know now, I’m really glad that we didn’t buy a home a year before we decided to make the leap – because we wouldn’t have been ready. Continue Reading

The Easiest Way to Increase Your Investments

The Easiest Way to Increase Your Investments

After you have done any activity for several consecutive years, whether its a hobby, sport, etc., you begin to learn not only about the thing that you are doing, but about yourself. The same is true for investing. I’ve learnt more about myself in the past nine months and what it takes for me to be a good investor than I have in the previous three years. As a result, there’s one simple lesson that took me years to learn that you can learn in under 10 minutes. Continue Reading