College should be considered a lifetime investment rather than just a four-year expense. It requires financial planning and personal sacrifices. The earlier you start saving and investing, the less money you will have to save and invest later. Furthermore, the earlier you start saving, the less risk you’ll have to take in your investment choices …
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Finding Scholarship Opportunities Comments Off
Over 85% of the nation’s schools offer various types of scholarship, granting money to college students based on a host of criteria such as academic merit, financial need, and in some cases, racial or ethnic background. Though the application process can be complicated and redundant between scholarships, there is a great deal of money available …
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Even if you have not been able to save all the money you will need for college, several alternatives exist to assist you in making up the difference. Financial aid comes in many shapes and sizes — from scholarships and grants which do not need to be repaid, to federal loans which carry very favorable …
Read MoreCreating A College Funding Strategy Comments Off
Saving for college isn’t easy, but the earlier you start the better off you’ll be. For example if you save $60 a month for 17 years earning 8% per year, you will have over $25,000 by the time college begins! There are several savings and investment strategies that can help you accrue money for college. …
Read MoreLoss of a Key Employee Comments Off
Loss Of A Key Employee Business owners accept without question the wisdom of insuring the firm against the loss of its property values. We take care to insure the physical assets against fire, tornados and other disasters. Yet, protection from the loss a key executive may be far more important. First, the probability of losing …
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Implementing A Cafeteria Plan Internal Revenue Code 125 allows an employer to implement an employee benefit plan which allows employees to se1ect the benefit programs they prefer. The plan offers two or more options and the employee chooses the option most appropriate for him or her. Because of the “menu” of benefits available, the plan …
Read MoreChoosing a Business Continuation Plan Comments Off
The death of a major shareholder in a closely-held corporation can seriously interrupt continuity and profitability of the business. Surviving shareholders must struggle with how to continue the company as a profitable business with the loss of a key player. Heirs must concern themselves with how to replace the income that the shareholder had earned …
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