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Saving For College - 5 Accounts You Use to Diversify Savings


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College is expensive: $35,720 per student, according to data from educationdata.org.
Many personal finance experts follow the airplane oxygen mask rule: Make sure your own finances are in order before saving for your children. Before you go all in saving for your child’s future college expenses, make sure it isn’t interfering with your own savings, retirement funding, and ability to pay down high-interest debt. ....

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Bitcoin bears: Majority of financial advisers still cautious of crypto


Bitcoin bears: Financial advisers still cautious of crypto
Hype from retail and institutional investors on digital assets isn’t enough to sway skeptical advisers who are weighing the risk and reward of crypto before adding the asset class to clients portfolios.
May 3, 2021
9
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The meteoric rise of Bitcoin this year has shaken the wealth management industry as more retail and institutional investors crave being one of the cool kids investing in digital assets.
The world’s largest cryptocurrency is undoubtedly the most hyped asset on the block, with prices ascending to a record high of $64,000 as the direct public offering of the country’s biggest crypto exchange, Coinbase Global Inc., fueled mainstream interest. ....

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Should you rent or buy a home? Ask yourself these 3 questions


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(CNN)  Deciding whether to rent or buy a home can have you talking yourself into financial circles.
Take advantage of low mortgage rates and build equity!, your buy brain says. Have flexibility and keep your costs of getting in and out low!, your rent side says.
Ultimately, the decision comes down to your financial fitness, how long you plan to live in the home and what your cash flow looks like.
While the number of home purchases reached a 14-year high in 2020, prices also went up considerably. Meanwhile, with so many people leaving major cities, landlords have been left in the lurch, and that has translated into some attractive rental deals. ....

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