Do I really understand college loans?

ollege loans are very complex. It is important to understand what the final cost of the loan will be. You need to understand the difference between federally subsidized loans and unsubsidized loans, parent plus loans and private loans Check out this video for more information. To get your children started on this path try reading Raising Financially Independent Children or Financially Independent Teens

You will find stories and examples on how to use delayed gratification, allowance and budgets to teach your young child or teen the skills needs to have good credit The books also cover other relevant topics for parents of collegebound students such as cost comparisons, budgeting, and building a credit score to be able to rent off campus.

For more information check out our website https://parentsfin.wixsite.com/website/books or our books Raising Financially independent Children, Financially Independent Teens and Financial Essentials on Amazon