Financial Fundamentals Blog

How to budget for a wedding

The holiday season is one of the most popular times of the year to get engaged. In fact, 40 percent of proposals happen between Thanksgiving and New Year’s Day. If you’re one of those lucky couples, you’re probably asking yourself, “how do we pay for all of this?” Don’t worry. We’ve got you covered with a few tips on how to create a wedding budget that won’t break the bank.
 

Save on home energy costs

Winter weather has a way of sneaking up with its snow, ice and chilling winds. However unwelcome it might be, it does serve as a helpful reminder to check in on your home energy usage. Considering that the average American family spends more than $2,000 each year on utilities – with a good portion of that cost wasted energy – an energy audit can help you confirm that you’re getting the most bang for your buck.
 
Here are a few easy ways that you can make a difference in your energy costs.
 

Fraud Watch: Holiday Scams to Avoid

The National Retail Foundation (NRF) estimates that America’s retail sales are set to hit between $717 billion and $720 billion this Holiday season. It’s prime shopping season not just for those who want to make the season joyous for their friends and family, but also for those fraudsters looking to take advantage of the giving spirit. Here’s what to keep your eye on as the Holidays approach.
 

A quick guide to surviving the Holidays

We’re so close to Thanksgiving, which means that the Holiday season is upon us. For a lot of us, the most wonderful time of the year can feel overwhelming as the shopping, parties, baking, decorating, and general spending can take on a life of their own. With some help from KOFE (Knowledge of Financial Education), here are a few tips to put yourself back in charge during the Holidays to make sure that you start the New Year on the right financial foot.

Protect yourself from financial aid scams

With the recent release of the 2019-2020 Free Application for Federal Student Aid (FAFSA), millions of students and their parents are starting the search for next year’s college financial aid, making them susceptible to scammers. Navigating the world of college financial aid is not an easy task. Making it even more difficult are those out there willing to take advantage of you.
 
 

A quick guide on how to pay for college

It’s no secret that higher education comes with a hefty price tag. The College Board reported that the average annual cost of a public four-year college for in-state students is $9,410 while out-of-state students face $23,980. Those attending a private four-year college are looking at an average annual cost of $32,410. Just reading these numbers can be overwhelming, let alone figuring out how to pay for them.
 
The good news is that for many students college is not an out-of-pocket expense because of the many available avenues of financial aid. Here’s a few ways to figure out how to pay for college without going broke.  
 

Protect yourself against identity theft

In September of 2017, it was reported that Equifax, one of the nation’s three largest credit bureaus, had experienced a severe security breach. The personal data of nearly 150 million Americans was made vulnerable, exposed to hackers and scammers to use as they please.

While the initial sting of the breach has passed, its danger has not. We must all continue to protect our valuable personal information. Here’s how you can secure your personal data.