Listen "22 Kids, College and Credit Interview with Deacon Hayes, Blogger, “Well Kept Wallet”"
Episode Synopsis
Wallet blog, and while he’s been a financial planner, he was first a newlywed with $52,000 in debt (not including the mortgage) – a debt he erased in about 18 months. He felt the need to help families struggling with debt and tight finances rather than the wealthy clients he had been seeing, so he created the blog to answer questions, offer tips and plans to lead people out of debt. We’ll talk about: How to get your kids introduced to handling a credit card, even well before they start college How parents themselves can address and erase debt to position themselves for college funding Knowing how much parents should take on in college debt, and how to say no if that number falls short of the college’s price tag. What tips and strategies families with tight budgets can use to control spending Preparing for unplanned expenses Deacon’s 3 Quick Tips for starting college smart I’ll also outline a basic plan for when to start late-stage college planning in the “Brad Recommends” segment
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