If you missed me on this morning’s NBC’s Today Show, Money 911 segment, make sure to watch it above, we answered questions about paying down debt, government grants, your FICO score, and most importantly borrowing from your 401k.
I have been seeing more and more questions about borrowing from a 401k these past few months on my Facebook page, on Money 911 and during Live Chats. So I thought it would beneficial to give you all a quick lesson on the topic and expand on my answer from Money 911 this morning. Watch the video I did and let me know if you found the information helpful by commenting below!
Can you believe it? Today was my 100th segment on NBC’s Today Show! If you missed me this morning on Money 911 make sure to check it out now! We answered questions about investing, emergncy funds, credit scores and using your 401k plan for home improvements.
Plus dont’ miss the special video I did below, where I share how YOU can earn 3% on your money in 2012!
Hope you were all able to tune in to NBC’s TODAY Show Money 911 and watch me answer America’s Money Questions, if not watch the video above. Afterwards, I did a live chat where I answered MORE of your questions! If you missed the CHAT make sure to CLICK HERE and check it out! Hopefully, my answers can help you!
For all of those who missed me on NBC’s Today Show – Money 911 this morning make sure to check out the segment now! Today we discussed 401ks, the best online budgeting websites, and student loans. Enjoy!
If you missed me on NBC’s Today Show – Money 911 segment this morning make sure to check it out now! Today, I discussed Credit Unions and how they could be the right choice for you when it comes to avoiding all the recent emerging bank fees.
Just in case you missed me on NBC’s TODAY Show – Money 911 this morning here’s the segment – so make sure to check it out. Today, I answered viewer’s questions on financial aid for college students and how to increase your credit score—fast! In my first answer, I mentioned a few websites to look into to get money for school without a cosigner, so below is Loran’s question and the information that I gave her, that can hopefully help you too!
Question from Loran:
My daughter is in college and needs more money for school, which we don’t have. She’s been working several jobs, but with her apartment and car she often doesn’t have enough money. She’s tried getting loans but needs a co-signer which we can’t do. What should we do?
First look at a Federal Pell Grant, it is for undergraduate students unlike a loan, does not have to be repaid. The amount depends on your financial need, costs to attend school, status as a full-time or part-time student, and plans to attend school for a full academic year or less. The maximum amount given is $5,550.
Next, I would look into a Federal Perkin’s Loan which is a low interest (5%) loan for students with “exceptional financial” need. The U.S. Department of Education provides funding to your school. In turn, your school determines which students have the greatest need. Your school combines federal funds with some of its own funds for Perkins loans for qualifying students. Both of these can be applied for at http://www.fafsa.ed.gov/.
You can find out more information on getting money for school at http://studentaid.ed.gov/ under the tab – “Get Money for School.” Also check out http://www.fastweb.com/. It bills itself as “the leading scholarship search provider for every student, whether you’re in high school or a mother of two returning to school” and with 34 million users, the boast is probably justified. This amazing website contains everything you need to know to find help quickly about both scholarships and college loans.