SUBSCRIBE
Enter your Name and Email address to get
the newsletter delivered to your inbox.
Please include name of person that directed you to my online newsletter so I can thank them personally.
Anthony J. Bardi
Registered Representative
Enrolled Agent, LTC# 454
Tax and Financial Solutions, Inc.
151 SE 223rd Avenue
Gresham, OR 97030
Phone: 503-666-7909
July/August 2019
Leaving the Nest
When young adults leave the nest, they will confront a number of financial challenges for the first time in their lives, but there are some things they can do to help ensure a successful experience.
Good Debt Management
Credit cards are not free money, and balances often come with high interest rates. Have a plan for when you will use the credit card. For example, a card is great for an emergency, but not for eating out or spring break trips. Financially savvy students live within their means. Paying any balance in full each month will keep the interest charges at bay and help build a good credit rating.Get Insurance
If you are living in a dorm or apartment, be sure to carry renters’ insurance, which will protect your belongings against theft, fire and other perils. You’ll also need health insurance and auto insurance, if you have a car.Minimize College Debt
You may not be able to avoid student loans completely but do everything you can to find alternative funding. Submit your FAFSA as soon as possible, apply for scholarships and grants, work part-time, become a student aid or residential assistant. Get an internship that pays. If you do have to resort to a student loan, apply for federal loans, which offer the ability to defer if you lose your job, go back to school as well as some income-based repayment plans that private loans do not provide.Becoming a responsible adult at a young age will help you to build a secure financial future.
CONTACT US
Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.
Tax and Financial Solutions, Inc. and LTM Client Marketing are unrelated companies. This newsletter was created by LTM Client Marketing and was not written or created by the named financial professional and does not necessarily represent the views and opinions of Avantax Wealth Management® or its subsidiaries.
Avantax affiliated advisors may only conduct business with residents of the states for which they are properly licensed and registered. Securities offered through Avantax Investment Services℠, Member FINRA, SIPC, Investment advisory services offered through Avantax Advisory Services℠, Insurance services offered through an Avantax affiliated insurance agency. Not all products and services are offered by all financial professionals. Products and services listed may only be offered by properly licensed individuals.
The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.