ivy-league

In this article, I’ll break down the three components of saving, investing, and borrowing to accomplish your financial goals. Out of all the steps in Moolanomy’s Financial Success Plan, this step is without a doubt the most complex step. As such, I’ll keep this article at a high level, then later dive deeper into various [...]

I have been thinking about how to increase interactivity of this site and make it easier for Moolanomy’s readers to help each other. The result is a new feature called Moolanomy Answers. You’ll notice the question box on the sidebar of every page along with the 3 most recent question. Please check it out — [...]

When saving money for college education, you should be aware of your Expected Family Contribution (EFC). EFC is how much money your family is expected to contribute to your college education — the lower your EFC, the more financial aid you will receive.

A Brief Note From Plonkee
One of the great things about not having children [...]

In addition to starting a 529 college savings plan for our son, I also have been looking at alternatives if my wife and I couldn’t reach our savings goal. These alternatives may come in handy if we run into some unforeseen financial difficulties. Aside from the usual financial aids (e.g., scholarships, grants, work-study, student loans, [...]

For parents who are saving for their child college education, they are mainly concerned about not saving enough. However, I don’t know if too many people think about the flip side.  For example, is it possible for some parents to save too much?

Photo by Beard Papa via Flickr
I got some great discussion going in my [...]

My first job after college paid $8 per hour — not good for an Ivy League alumni. That job was something to do while I tried to rediscover myself. I was lost and dispirited because I did not get accepted into a medical school.

Photo from Apple.com
It only takes 17 hours of work for that new [...]

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 college days, and [...]