Straight Fire Money is not just another personal finance site. It is the sum total of our actual, real-life experiences growing up and navigating adult life.
Category: Finance Advice for Young Adults
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Startup Study: Education Financing for Aspiring Entrepreneurs
Starting a new business requires funding, and aspiring entrepreneurs have various options for education financing. In this startup study, we will explore different funding sources and opportunities available to entrepreneurs. From bootstrapping and crowdfunding to private lenders and government grants, there are viable options to support entrepreneurial education and business endeavors. Key Takeaways: Education financing…
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Transfer Triumph: Securing Financial Aid as a Transfer Student
Are you considering making the switch from one college to another? As a transfer student, navigating the process and ensuring financial stability can be challenging. However, with the right knowledge and resources, you can triumphantly secure the financial aid you need to pursue your educational goals. Key Takeaways: Transfer students can access various financial aid…
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Classmate Cash: Exploring Peer-to-Peer Lending for College Funds
Peer-to-peer lending platforms like RaiseMe have gained popularity among college students for funding their education. According to testimonials from RaiseMe users, students have earned thousands of dollars in scholarships by highlighting their achievements and activities. These platforms provide an opportunity for students to receive financial aid based on their accomplishments, helping to alleviate the burden…
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Never Too Late: Financial Aid Strategies for Adult Learners
Adult learners who want to pursue a college education or return to school after a break have several financial aid options available to them. They can apply for federal and state student aid by completing the Free Application for Federal Student Aid (FAFSA). In addition, some states, such as New York, offer need-based grants like…
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Gap Year Gains: How Taking a Year Off Affects College Financing
Taking a gap year between high school and college can have significant long-term financial implications. It’s important to understand the impact of a gap year on college financing and make informed decisions about financial planning. In this article, we will explore the effects of taking a gap year on financing, including the potential consequences on…
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Slash Your College Costs: Innovative Ways to Save on Education
Reducing college costs and finding ways to save on tuition expenses is a top priority for many students and their families. The rising cost of higher education has put a significant financial burden on individuals seeking a brighter future through college. However, there are innovative strategies and cost-saving measures that can help alleviate this burden…
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Paycheck and Textbooks: Balancing Work with Your College Schedule
Working while in school can be a challenging balancing act. Many students want to earn extra money, but finding the time to work while also prioritizing their studies can be difficult. Jennifer Gonzales-Romero, a high school graduate, shares her experience of working part-time while in school. She started by doing odd jobs for family members…
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Maximizing Military Education Benefits: A Comprehensive Guide to Unlock Your Service-Gained Opportunities in the US
Welcome to our comprehensive guide on maximizing military education benefits. As a service member or veteran, you have access to a wide range of educational opportunities and support systems. In this guide, we will explore how you can make the most of your military education benefits, including the GI Bill, post-service education options, and veteran…
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Crisis Cash: Building an Emergency Fund During Your College Years
As a college student, financial security may be the last thing on your mind. However, it is essential to establish a solid foundation for your future by building an emergency fund. An emergency fund acts as a financial safety net, providing a buffer for unexpected expenses and ensuring you have the necessary funds to navigate…
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Money-Smart Students: The Importance of Financial Literacy Courses
Financial literacy courses are essential for students to become money-smart individuals capable of managing their finances effectively. These courses equip students with the necessary money management skills that ensure their lifelong financial wellbeing. By enrolling in financial literacy courses, students can gain knowledge and skills related to budgeting, credit management, investment basics, debt awareness, and…