Just go and deliver your resume in person.
Get out there and shake some hands, why dont ya!
Weve all heard these financial pearls of wisdom from our parents (and not always because we asked).
Despite their best intentions, a lot of these tips from our elders are, well… outdated.
To say the least.
That was a long time ago, though.
Most colleges tuitions have easily doubled or tripled since the 1980s and 90s.
Working a job while you attend college can help pay the bills, but it wont pay for college.
Thats why so many of us are saddled with student loans.
By combining multiple loans into one, youll replace your federal and private loans with a single private loan.
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
Ask one of these companies to help…
In addition to simplifying the repayment process, refinancing can reduce your interest rate and lower your monthly payments.
Always Buy a House Its a Great Investment
This is an oldie but a goodie.
I can still hear my parents: Why are you still renting?
When are you going to buy a house?
Its a great investment!
Its easy to make a compelling case for either choice.
Did you know?
Buy Savings Bonds
What are savings bonds?
You might remember them as something boring your grandparents used to give you for your birthday.
Savings bonds are an old-school, super-low-risk kind of investment.
Most savings bonds earn interest for 30 years.
But the problem is, they wont really earn you much money.
For example, series EE bonds have a low interest rate of 0.1%.
These days, youre better off investing your money in stocks.
Sure, the stock market can be a little volatile, with stock prices going up and down.
But historically, investing in the stock market will earn you a 7% profit over time.
Plus, its super easy to use.
Mike Brassfield ([email protected]) is a senior writer at The Penny Hoarder.
His dad gave him sound financial advice: Never bet against the house.
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
