We hope everyone had a great weekend! Today is Monday, April 27 and we see that the market opens higher as focus shifts to the possibility of reopening the economy, oil plunges more than 25% and housing demand may have started to bounce back from the coronavirus impact. In addition, we are reading about how much you need to put away every month if you want to have $100,000 saved by the time your children go to college and also some helpful financial check-in tips.
U.S. stocks were higher at Monday’s open as investors assessed the possibility of reopening the economy.
U.S. oil prices plunged more than 25% on Monday on fears that worldwide storage will soon fill as the coronavirus pandemic continues to roil demand.
Sales of both newly built and existing homes tanked in March, as potential buyers hunkered down and potential sellers pulled their homes from the market, both watching their economy in free fall from the coronavirus. Now, suddenly, buyer demand at least may be climbing back.
Here’s how much you need to put in a 529 savings plan every month to have $100,000 for your child’s college
The average American graduates college with more than $29,000 in student loans. If you’re like many current or prospective parents, you want your kids to go to college without taking on burdensome loans.
How should you spend 30 minutes to improve your financial life while coronavirus runs its course? Financial advisors shared quite a few tips with me, and here are the ones that represent the best use of your time.