The Wall Street Journal had a story today about the intensifying conflict over college debt among American families. Reporters Erica Snow and Douglas Belkin note that tuition increases have outpaced household incomes just as parents are facing multiple financial responsibilities, including supporting their own parents, saving for retirement, health-care costs, and sometimes their adult children’s living … Continue reading Thanks, Mom and Dad
Tag: tuition
The Magic of Compounding – Start Early
Remember that time is money. - Ben Franklin, Advice to a Young Tradesman, 1748 To prove what Franklin meant about the time value of money, let's use an example, one that pays homage to Franklin. Another famous saying of Franklin's is "A penny saved is a penny got." Imagine someone took Franklin's advice, and took … Continue reading The Magic of Compounding – Start Early

