Paychecks will be a lot lighter over the next few weeks as the Market Basket employee protest continues. Now more than 25,000 employees will be feeling even more wallet pain as their hours get reduced and quarterly bonuses shrink. As a loyal customer, former part-timer (Store #18 in Methuen) and now financial planner, I'm offering these financial planning tips for Market Basket employees to help ... Read More
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Improve Your Odds for Student Financial Aid
It’s never too early or even too late to start planning for ways to pay for college or post-graduate school. Myths There are a number of myths out there that can adversely impact your planning efforts: 1.) There’s not enough aid available; 2.) Only students with good grades get aid; 3.) My family makes too much money to qualify. Reality In reality, both “self-help” aid like loans and “gift” ... Read More
Increasing Your Chances for Student Financial Aid
In the initial article of this series, I mentioned ten specific ways to lower college costs. These included such ideas as taking Advanced Placement exams to earn college credit, considering an in-state college, using the American Opportunity Tax Credit formerly known as the Hope Education Credit, employing your child in your business or investment real estate business and encouraging your child ... Read More