Is Your High Power Job Worth the Sacrifice?

Many students go to college and pursue known money-making degrees—engineering, computer science, and business among a few of them.

They may pursue these career tracks because they are truly interested in the field, or they may choose them because they want to be financially comfortable during their lifetimes and they know that a lowly English major, while pursuing her passion, will never be rich.  (Ask me how I know.)

Follow these individuals 20 years later when they have achieved a great deal of financial success, and you may find them less delighted with both their lives and their chosen career paths.

A High Power Corporate Job Isn’t All It Seems

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Should You Buy a Bigger House?

Because home prices and mortgage interest rates currently are so low, if you are in a stable financial position, now might be a good time to enter the home buyers’ market or sell your current house and buy a bigger one.

Remember all of the McMansions people built and bought before the housing bubble burst?  Perhaps you are tempted to get your own larger, dream home.

The question is, should you?

If you have weathered the current recession and have the funds, those beautiful, large houses that were built just fifteen to twenty years ago may be tempting.  Even if the price on a larger house is one you can afford, think carefully before upsizing.  With an upsize comes many other upsized costs.

Consider the following if you want to buy a bigger house:

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Save on College Costs by Attending a College with Free Tuition

Attending a college without paying any tuition sounds too good to be true, but it is not

There are a handful of colleges that are tuition-free, but as you can guess, they are extremely competitive to get into.  If you would like to send your child to a tuition-free school, the early high school years are not too early to begin to prepare to apply for these schools.

Specialty Tuition-Free Colleges

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How to Save Money on Auto Insurance – Easy Ways to Save Money

Auto insurance is a necessary expense, but one that we often spend too much for.

Many people seem to be much more likely to look for ways to save on groceries by clipping coupons or to save on gas by driving around town trying to find the lowest per gallon price rather than looking at their auto insurance.  Often people choose their auto insurer, pay their premium every six months, and don’t think about it further.

Yet why pay more than you have to? 

There are plenty of ways to trim your costs and save money on car insurance.

Consider the following easy ways to save on auto insurance:

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Don’t Underestimate the Cost of Living When Deciding Where to Live

I live in the suburbs of Chicago, and recently, after 11 years in the same apartment building, my husband and I re-entered the renter’s market.

When we first began renting at our last apartment, the two bedroom apartment was a bit too big for us.  Three kids later, we were bursting at the seams.

However, we were shocked to see that 3 bedroom apartments in our location rent for $1,300 to $1,800 a month.  Houses can rent for as much as $2,500 to $2,800 a month.

Houses Are Often Out of Reach

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How to Negotiate Lower Rent in Your Current Apartment

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In this market, many new renters are freely negotiating with prospective landlords on the price of rent and having success.

However, what if you are currently locked into a lease and don’t really want to move?

If you have been in your apartment for several years, before the downturn of the housing market, you may be paying up to a couple hundred dollars more than new tenants.

Luckily, there are still ways you can negotiate a lower rent payment.

How to Negotiate Lower Rent in Your Current Apartment

Know the market.

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How to Get a Bargain When Apartment Hunting

The uncertainty in the housing market along with more stringent lending standards is driving more people to rent rather than buy.

Even though there may be more people in the renting market in addition to the usual renting population, there are also more people turning the homes they own into rental units rather than having their home languish on the market for months or years.

This means that the rental market, like the housing market, is currently a renter’s market.

Here are some tips to take advantage of this and get a bargain when apartment hunting.

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