Moolanomy
Personal Finance. Investing. Wealth Building.

Posts Tagged ‘college’

My Best and Worst Financial Decisions

This is our first group writing project from members of the M-Network. I this writing project we share with our readers our best financial decisions and worst financial mistakes. Why make your own mistakes when you can learn from ours? After you finish reading this post, please visit other M-Network blogs to read [...]

Money Lesson #2: Setting Financial Goals

My wife pregnancy is coming along well, except for occasional all-over-the-body-ache. While I was giving her a massage last night, I was able to go over another financial lesson with her. The second lesson was focused mainly on financial goals.

Photo from Wikimedia Commons
Types of Financial Goals
There are many types of financial goals:

Pay off [...]

Can we actually save too much for college?

I shared some great posts with you in my weekly roundup about college savings. However, these posts and what I have written tend to focus on the dollar amount and savings vehicles. As part of the roundup post, Chief Family Officer commented that $250,000 may not be enough for a good private school:
“…I [...]

Moolanomy weekly roundup #8: “College Savings” edition

I wrote about saving money for college in my posts: “My kid’s college costs will be $467,000! Are you kidding me?” and later in “Saving $250,000 for my son’s college education” with dollar amount adjusted down to a more realistic level. This weekly roundup, I searched my Google Reader and beyond for other posts and [...]

Saving $250,000 for my son’s college education

In “My kid’s college costs will be $467,000! Are you kidding me?,” I may have gone too far toward the worst case scenario. After additional research at Savingforcollege.com, a more realistic number should be around $250,000 for 2024. Although I have not decided on the exact investment vehicle, I am leaning toward the [...]

7 Mistakes I Made When I Went to College

I recently read a post by Personal Finance Advice, Why Getting a Degree Isn’t Always a Sound Financial Decision. I thought it was a well written post that presented a valid point. Do not get me wrong…I am a strong advocate for college education. However, this post did remind me about my [...]

My Kid’s College Costs will be $467,000! Are You Kidding Me?

In preparation for my first child, I started to think about saving for college. I found this neat calculator from SallieMae and tried it just to get an idea of how much will college costs 17 years from now (2024). Based on the site, the current average annual tuitions are:

$2,191 for two-year public colleges
$5,491 for [...]

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