How Much You’ll Really Pay for That Student Loan

Those who graduate college with student loans owe close to $30,000 on average, according to the most recent data from the Institute for College Access & Success. But they’ll likely repay thousands more than that because of interest. One key to limiting interest cost is choosing the right repayment plan. The bottom line? Opting for lower [...]

Congrats on Your Raise. Here’s How to Keep It

A few years ago, my best friend said something that really stuck with me. The gist was this: It doesn’t matter whether you make $25,000 or $100,000 a year — you’ll still feel like you don’t have enough money. That’s easy for someone making $100,000 to say, I thought at the time. But here’s the [...]

Back-to-School Shopping: Kids Influenced by Social Media Push Parents to Overspend

Kids pushing their parents for the coolest in back-to-school gear is a late-summer tradition, and today, youngsters have some backup: social media influencers. Peer and social media influences on children are not news unto themselves, but it turns out these factors are affecting how parents spend their back-to-school dollars, according to a new NerdWallet survey [...]

A Simple ‘Recipe’ for Managing Your Credit Score

The way your credit score works can seem mysterious, with several factors intertwining in complex ways. But following a simple recipe can help you build and maintain a good credit score: Pay everything on time. Use less than 30% of your available credit. Keep an eye on everything else. This formula focuses your energy on [...]

7 Things College Freshmen Don’t Need — and 10 They Do

Those ubiquitous checklists of “dorm room essentials” for college freshmen are filled with items that will be ditched by the end of first semester. Some parents “go to the store and grab a list like they did when their kids were in elementary and high school and just go straight down the list,” says Lisa [...]