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Tuesday, March 15, 2016

College Savings on the rise, potential job growth in finance?

"Though it's advised in Irs faqs about the 529 plan that there maybe be benefits as well as drawbacks, that it is not for everyone, and to consider consulting a trusted tax professional or financial planner." College savings plans are growing in popularity.

Excerpt:
"Q. Is setting up a 529 plan for my child right for me?
A. Only you can figure that out. 529 plans are not for everyone, and are also not the only option available for paying for college. Setting up a 529 plan is an investment decision, which means both the benefits and drawbacks must be considered, along with alternative ways of accomplishing the same thing. There are many independent sources of information on 529 plans. Also, you may want to consider consulting a trusted tax professional or financial planner."

College tuition is argued as one of the most common expensive things most Americans buy besides a home, vehicle, interest or healthcare. If the rate continues there may even be a job growth in tax and finance planners for college savings alone.

Tuesday, March 1, 2016

The #1 Tip in surviving & finishing college.


       The ones who will succeed in college and in their career's are the ones that know the number one tip that is: To know actually know why you're going to college.

         To know why you have to know what you want to do in the long-term and if that degree is actually worth it in the end. To know what you want to do. You have to indulge yourself in that interest, read about it, go to events, talk about it with mentors. For an example: chemistry. Chemistry may be something you love and enjoy doing. So look into Chemical Engineer Manager, it has a good market, a top-notch, high in demand and has many career opportunities that can stem from it.
          The trick is to prepare yourself all the way up from school years. To harness your skill during your preliminaries to not only be good at chemistry, but be able to help people, be a good leader, learn how things work. This is what schools don't want students to know, so that they take less then meaningful tests that doesn't help them in the least. And once their ready to graduate and go to college they are sadly way far behind. In the end it gives the colleges more of the student loans monies and more of their years in college. They know all too well about this statistic.
        And finally once you know for sure of that goal. It is crucial to have a college reserve by saving money, by working, starting a business, earning scholarships, and applying for grants an sometimes loans(which should be a last priority). So once you have the money, the skills and the knowledge you will already in the top 10% above your peers, going onto college and then your career. That's what college is for. The ones that are prepared academically and financially like the preps and the rich, succeed, get in and out of college in less time and less stress than other students who aren't as prepared.


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For more resources on career choice go to:
http://www.bls.gov/ooh/home.htm
http://www.iseek.org/careers/clusters.html