Forecasting company, FiveThirtyEight – founded by Nate Silver, has an excellent track record when predicting future outcomes, particularly within the political arena. Nate Silver is the modern day EF Hutton. When he predicts, people listen. Or more accurately, when he predicts it is almost a foregone conclusion. Until it’s not.
Actively managing your debt is an important step, and your student debt may be one of the biggest financial obligations you have. There are many strategies that could help you manage student loans efficiently. Here is a checklist.
ITEM #1: Choose a federal loan repayment plan that fits your circumstances:
It is human nature to focus more on the present than the future, which is in line with our basic instinct of survival. After all, if we don't take care of the now, there may not be a future.
This is a true story of my personal journey on how to achieve maximum return on life. I pray that my testimony brings you joy and peace by stamping it's message on your heart.
The chart above covers the S&P 500 (a stock market index) over the past 140 years. What is interesting is that it looks relatively smooth with a few bumps here or there. However, when you dive in under the hood and look at history it tells a much different story. During this period of time we experienced the following:
When one spouse passes, the surviving spouse has the option to take the larger of two social security benefits: his/her own or their late spouse's benefit. It sounds simple enough -- take the larger benefit. However, the surviving spouse needs to do some homework first before making this critical decision.