The Five Foundations
Get Out of Debt
Pay Cash for Your Car
Pay Cash for College
College is expensive. Whether the economy is booming or depressed, the cost of school is always going to seem more than the average person can generate. Students who attend the University of Phoenix, for example, can expect to spend 1500 dollars every five to six weeks. That's a mortgage payment.
Maintain a college savings fund in order to pay for school. Kids preparing for college should dedicate at least fifty percent of all after school and summer earnings towards college funds. Granted, going to college isn't as glamorous as concert tickets or a new car, but the less debt you accrue while in college, the greater the returns you experience upon graduation.