In a nutshell, the 529 plan is a savings account that is meant to be used to cover college and above education expenses. The above is an oversimplification but gets the point across. 529 refers to the location in the US tax code where this account is allowed. So why would I want to do …
Author Archives: bklnfinance
Student Loans & Financial Aid
Coming out of the gate swinging, we are starting with student loans. Let me start by saying this, STUDENT LOANS ARE NOT FINANCIAL AID! As far as I’m aware, they are the only form of aid that you are expected to pay back. Here in the USA, it’s a crisis. It’s so bad that presidential …
About Me and why you should keep reading
Hi there, My name is Matt and like many of you, I did not really think or care about my finances. I thought that I was doing better than most because I had no credit cards and my only debt was student loans. However there were a lot of student loans and despite working in …
Where to Start?
An investment in knowledge pays the best interest.” — Benjamin Franklin Like any sort of self-respecting blog, a quote that may or not be accurate or from the person that my 10 seconds of googling for a quote turned up. With that out of the way, Welcome. This post is here to serve as a …
Who am I?
This is a blog that is meant to answers those questions about topics that you hear and think,” That sounds important, I should look into what that is” and then you never do. We will focus on financial topics such as budgeting, investing, real estate, loans, and many more. Why do this? Because there is …
