Get Ready for Back to School!

It may feel like summer just started but, before you know it, it will be winding down and fall will be on its way. For many people, fall means the start of a new school year. If you’ve got a son or daughter in college or if you’re planning to go back to school yourself, there’s no better time than the present to seek wealth management help from a financial advisor. Tuition and the super high cost of books and supplies can put a serious dent in anyone’s wallet, which is why, ideally you should have been saving for school all summer long. If you haven’t yet started putting money aside for school, do it now! The sooner you start, the better. If you have a wealth management advisor, work with the advisor to set up a doable savings plan to give you extra money to pay for school.

Also keep in mind that many stores run back-to-school sales. While you might think those sales only apply to the little ones, college students also need things like paper, pens, folders, and more! If you can grab these items up for cheap by shopping the sales, why not go for it?

If you’re still struggling after following these tips, then you may want to talk with the school about setting up a payment plan. Many colleges and universities will give you the option of paying for tuition in several, spread-out installments instead of all at once. Your financial advisor may also be able to point you in the direction of loans, grants, and other money-saving options. If you need a good financial advisor in the Naperville area, check out Platinum Financial Associates!

Related articles

• VACATION'S OVER: Back To School For Some (whotv.com)

Living Within Your Means

Undoubtedly, you want to have a secure financial future, one in which you don’t constantly have to worry about making ends meet. People, in fact, do all kinds of things just to try and ensure that they can live worry-free in the future. They hire wealth management services, which can be a good thing, but peopl also do foolish and unfortunate things, like investing In get-rich-quick schemes or buying an overload of lottery tickets. The truth is, however, there are really only two rules you need to know for financial success. The first is to have a job that pays you a livable salary. Obviously, the definition of a livable salary will be different from one person to the next, but the best measure of a livable salary is if you earn more than you need to pay for bills and other necessities.

The other rule to keep in mind is to spend less than you earn! It doesn’t matter if your living expenses are low if you blow your leftover money on junk! Invest that money instead and you’ll be glad you did. If you need help starting a savings plan or getting the most out of the savings you already have, contact a local wealth management service for help. In Naperville, the best services are provided by Platinum Financial Associates, Inc.