Many folks were disappointed today when the Supreme Court struck down the Biden Administration's proposal to forgive $10,000 in student loans (up to $20,000 for those will Pell Grants). While disappointing, the Biden administration immediately announced the final version of a new proposed program that I wrote about previously. The new program is called SAVE … Continue reading Saving on a Valuable Education (SAVE) Plan: Important (and huge for many!) Changes to Student Loan Repayment
Most Unexpected Expenses…Aren’t
“Unexpected Expenses” is a topic that frequently comes up in my classes and when talking with others about finances. This is in the context of a discussion around spending less than you make, saving and investing the rest, and letting compound interest work its magic. Pretty much invariably, several folks will say something similar to … Continue reading Most Unexpected Expenses…Aren’t
New Book: TL;DR: Financial Literacy for District of Columbia Public School Teachers: Optimizing Financial Decisions Based on Your DCRB Benefits
I just wanted to share my latest book, this one for educators in the Washington DC Public Schools, focusing on financial literacy and making the most of their DCRB pension benefits. Please consider sharing with any teachers you know in the District of Columbia. This is the latest in the TL;DR Financial Literacy series. If … Continue reading New Book: TL;DR: Financial Literacy for District of Columbia Public School Teachers: Optimizing Financial Decisions Based on Your DCRB Benefits
Colorado Teachers Just Got a Big Raise: Now What?
First, I need to apologize, because not every Colorado teacher just got a big raise. But due to a confluence of circumstances, quite a few did. These circumstances include: The state legislature having surplus dollars and finally deciding to try to make up for the years of underfunding of K-12 education (known, I kid you … Continue reading Colorado Teachers Just Got a Big Raise: Now What?
Denver Public Schools Single-Vendor 403b Plan: Is It The Best Choice?
I've written before about 401k, 403b, and 457b retirement plans and the similarities and differences between them. Unfortunately, many school districts offer some truly horrible 403b plans (listen to Learned by Being Burned for more info). But there has been a positive development lately in that some school districts, typically large ones, have now started … Continue reading Denver Public Schools Single-Vendor 403b Plan: Is It The Best Choice?
Some Musings on Housing, Renting, Wages and Perspective
Note: This is not going to be an in-depth, research-based, exploration of any of these topics. Many folks more knowledgeable than me have written much more useful information around these topics (Ben Carlson at A Wealth of Common Sense frequently talks about housing). But I still felt like I had something to say based on … Continue reading Some Musings on Housing, Renting, Wages and Perspective
Fisch Financial 