Apartment building with black and orange brick with windows and balconies

Article Summary: Before a landlord approves you for an apartment, they’ll need to see a reasonable credit score, proof of income, and a clean background check. Depending on the property manager, you may also need to provide references from your employer or former landlords. One of the first hallmarks of adulthood is getting your first […]

Piggy bank wearing a graduation cap with crumpled dollar bills in front

Is a 529 Plan Worth It?

Article Summary: In most cases, a 529 plan is definitely worth the effort. 529 plans are government-backed savings and investment plans that allow parents, guardians, or family members to save for education while receiving major tax benefits. Although 529 plans can be used for different types of education, most of the time they’re used for […]

Woman accepting a credit card from a customer

What is a Vendor?

Article Summary: Vendors are any individual or company that sells goods or services to another individual, business, or government. Vendors are crucial to a business’s supply chain and overall success. Maintenance providers, retailers, and small business owners are all examples of vendors. An important part of running a business is vendors. But vendors are not […]

Family at a table putting a graduation cap on a toddler while the child plays with coins in a mason jar

Article Summary: A child can have multiple 529 plans within one state or across different states to help pay for his or her college education. There are currently no rules and regulations limiting the amount of 529 plans one can have. However, a 529 plan cannot support more than one beneficiary at a time. Whether […]

Hands holding a calculator while writing in a notebook behind stacks of coins

Article Summary: A 529 plan can affect a student’s financial aid package, but how much of an impact depends on who owns the account, the type of aid applied for, and when withdrawals occur. Although a 529 plan will affect federal financial aid eligibility to some degree, there are important nuances to consider. With more […]

Stacks of coins with graduation cap on top and a blue book in background

Article Summary: Grants are a form of financial aid given by one party, usually the government, an NGO, or a corporation to an individual or organization. In the case of education grants, they are provided to students with exceptional financial needs. Grants usually do not have to be paid back, but there are a few […]

Piggy bank wearing a graduation cap with crumpled dollar bills in front

529 Plan Tax Benefits

Article Summary: A 529 plan is an investment account that provides tax benefits when withdrawals are used for qualified higher education expenses. This investment account has tax breaks that each state determines individually. A 529 plan acts similar to a Roth plan in which the investment grows on a tax-free basis and can even be […]

Young man looking over dealership paperwork with a young woman in a car dealership

Article Summary: There are a few obstacles to owning a car if you are under the age of 18. Most states require you to be a legal adult to register a car in your name, and insurance companies will not sell policies to minors. This is also true if you are paying for the vehicle […]