You don’t have to wait until January to make your New Year’s resolutions.
If you want to improve your financial life in 2018, here are ten tips to get you started
The federal regulation that was intended to protect retirement investors from dubious financial advice is in jeopardy. The April implementation of the Department of Labor’s fiduciary rule that was six years in the making may be postponed.
The purpose of the rule is to require financial professionals to act in the best interest of their clients. That might seem like something that isn’t necessary to legislate, but brokers, insurance agents and others in the financial industry are routinely recommending investments that promote their employer’s financial bottom line and not their clients.
Regardless of what happens to the DOL’s fiduciary rule, you need to ask questions to boost the chances that a financial professional will always act in your best interest. Asking questions can also increase the chances that you’ll find an advisor who will be an excellent fit for your needs.
Most families end up borrowing to cover college costs.
More than 70 percent of college students rely on loans when pursuing a bachelor’s degree and many parents borrow as well.
The college loan season starts on July 1 when the federal government makes federal loans available for the 2016-2017 school year.
With the college loan season upon us, here are eight things you should know about college loans: