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How we’ve saved $130,000 for our children’s education fund in 9 years

December 6, 2019 BY Michelle Schroeder-Gardner - 3 Comments

Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase through my links, at no cost to you. Please read my disclosure for more info.

Do you have children? Do you think you might have children someday? If the answer is yes, then you may be wondering about college costs. Here's an article from a reader who has saved $130,000 for their children's education fund in 9 years. Enjoy!

College education keeps getting more and more expensive. Many (not all) higher paying jobs require a post-secondary education of some sort.

Saving money for your kids will give them a great head start in life. It will also reduce the burden on you when it comes time to help them out!

Today, I am going to tell you how we've saved $130k for our children's education fund in 9 years.

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About Mr Fundamental

I am 39 years old and a computer engineer. My wife, Mrs Fundamental, and I live in Canada with our three lovely children.

We have a 9 year-old daughter, and 7 year-old boy/girl twins. My wife is an amazing stay-at-home mom. As a result, this has saved us huge amounts in day-care expenses over the years. [Read more…]

9 Ways To Successfully Balance School And Work

February 11, 2019 BY Michelle Schroeder-Gardner - 11 Comments

Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase through my links, at no cost to you. Please read my disclosure for more info.

More and more people are choosing to attend college and work at the same time. This can be those who are going straight from high school to college or adults going back to college. Whichever applies to you, balancing school and work will be an important part of how successful you will be.

Whether you are working a part-time or full-time job, balancing school and work can be tough. There are many working students in college who are able to manage both, but there are also many who aren't able to.

If you don’t balance them both well, it may lead to stress, lower grades, low-quality work being produced, and more.

No one wants that and I’m sure you don’t either.

This is supposed to be the time of your life where you are growing and changing, not feeling like you are drowning in everything that is going on around you. [Read more…]

I Thought I Was Too Good For Community College

April 16, 2018 BY Michelle Schroeder-Gardner - 75 Comments

Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase through my links, at no cost to you. Please read my disclosure for more info.

4 reasons you should go to community college first Whether you are about to head to college (no matter what your age may be), if you have a child who is about to attend college, or if you know someone who is about to experience this, then this article is for you.

When I was around 17, I applied to several different colleges, but one mistake I made was that I didn't even give community college a thought.

Unfortunately, there is a stigma attached to going to community college, like thinking it is for those that can’t get into a “regular” college, for those that don’t have enough money, or for those that have no other options. When, in fact, these are all far from the truth.

And, sadly, I bought into these myths and thought I was too good for community college. If you want to save money in college, community college is a great way to do that.

The stigma about going to community college is absolutely ridiculous. [Read more…]

How To Determine What College To Apply To

October 18, 2017 BY Michelle Schroeder-Gardner - 3 Comments

Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase through my links, at no cost to you. Please read my disclosure for more info.

Making Sense of Cents and College Ave Student Loans have partnered on a series of blog posts on what to expect when it comes to planning for college…especially when it comes to time to pay. Through the series, we hope families gain a little more insight on how to tackle the next four or more years ahead with a stronger financial footing. All opinions are 100% my own. To learn more, please visit: https://www.collegeavestudentloans.com.

There are over 1,000 colleges in the United States alone.

The list of college majors is long as well.

When deciding what college to apply to, it can be a tough decision.

You shouldn't just choose whatever college your friend applies to, or the college that the majority of your school is going to.

All colleges are different, and all people are different too. People may be on different career paths, they may have different needs for a college, and so on.

This can make choosing what college to apply and attend a difficult one. [Read more…]

Get A College Degree In 12 Months And For Under $10,000

October 4, 2017 BY Michelle Schroeder-Gardner - 4 Comments

Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase through my links, at no cost to you. Please read my disclosure for more info.

The following content is sponsored by Capella University. All opinions are 100% my own.

As most of you know, I have three college degrees – two undergraduate degrees in Business Administration and Management, as well as my Finance MBA.

One thing I pride myself on is that I was able to graduate early, but I did still accrue a decent amount of debt.

Most colleges don't make it easy to graduate early or to create a good schedule. I had to work hard towards that and I don't know of many other people who have been able to do the same.

Recently, I heard about FlexPath from Capella University, which can greatly help a person achieve a faster graduation time.

If you are looking for a college degree, but think that you can't fit it into your schedule or in the price point that you are wanting, then FlexPath is definitely something that you may want to look further into. [Read more…]

Ways To Save Money On College Costs

August 10, 2017 BY Michelle Schroeder-Gardner - 4 Comments

Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase through my links, at no cost to you. Please read my disclosure for more info.

College costs are one of the largest “purchases” a person will ever make. The other big purchase would most likely be a house that a person buys. However, sometimes a house may cost LESS than a college degree!

The cost of college can vary significantly, as you can see. Tuition for an in-state public college averages around $28,000 and a more expensive private college tuition is double that amount at an average of $59,000. For a four year elite university, the cost jumps to $68,000. Lastly, if your child (or you) is enrolled in higher education for something like medicine or law, college costs may reach hundreds of thousands of dollars over the years. [Read more…]

Should you get an MBA if you want to start your own business?

July 24, 2017 BY Michelle Schroeder-Gardner - 37 Comments

Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase through my links, at no cost to you. Please read my disclosure for more info.

The path to owning my own business started around 10 years ago. I graduated from high school and went on to college for business. I graduated, got a job as a financial analyst, and then around five years ago, completed my MBA with an emphasis in Finance.

Should you get an MBA if you want to start your own business? Is it a need? Or, can a person start a business without a college degree? It seemed like a logical path – graduate from high school, go to college, get a job in that field, and then get my MBA to further my career opportunities.

It was the path I fell into, and I never really gave it a second thought. For my MBA, I figured I needed it in order to be successful in the corporate finance world.

However, I'm now a full-time blogger.

One of the questions I'm often asked is if I regret going to school for so many college degrees (3). After all, it took a lot of time and led to a significant amount of debt.

I definitely did not learn a thing about blogging back in college, and an MBA isn’t 100% focused on the topic of starting your own specific business, especially a niche one. Plus, I did not get my MBA thinking that I would be starting my own business. I went for it to better my career opportunities. [Read more…]

About Mr Fundamental

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