The latest on millennial money, free college, and financial advice for creatives
Here are some favorite personal finance reads from around the web this week.
We’ve all heard the stereotype of the broke and starving artist. But being an artist doesn’t mean you shouldn’t have a financial life! Here’s some much-needed advice specifically for creatives on how to draw up a good plan for your money.
Some good news! New census data shows that median household income increased in 2016, especially for Millennials. And the number of young people without health insurance fell by over 10%.
Fidelity is rolling out a new program that will let employers help pay off student loans. While this is a step in the right direction, it doesn’t tackle the root issue of soaring college tuitions. Still, it could make student debt more manageable for many.
Applying to college comes with loads of fees. They might be small—it costs $12 to send an ACT score—but can really add up during the college application process, disproportionately affecting low-income students. Here is a simple way to lose some of these “microbarriers.”
A few months ago, New York announced its free college tuition program, Excelsior, a major step in the right direction for not only education, but also for student debt. Meet the first students to attend college for free under this initiative.
So you’ve listened to the advice and decided to open a 529 for your kid (hooray!) Now what? Opening an account can be confusing. Here is a detailed, step-by-step guide on how to get started saving for your child’s college education.
Did you see something else worth sharing? Tweet it to me!