Good Financial Reads: Buying a Car at the Right Price, How Much Should You Be Saving for College, and More

Following along with the blogs of financial advisors is a great way to access valuable, educational information about finance — and it doesn’t cost you a thing! Our financial planners love to share their knowledge and help everyone regardless of age or assets.

Catch up on some of the latest posts with this week's roundup:

Buying a Car at the Right Price

by Katie Brewer, Your Richest Life

Buying a car is an expensive purchase for the American family, second only to buying a home. It makes up 13% of the average American’s yearly spending, according to the United States Department of Labor. With so much money on the line, buying a car can be a stressful experience. Here’s how to buy a car so you get the right price without all the fuss:

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How Much Should You Be Saving for College?

by Matt Becker, Mom & Dad Money

I’m on the record as saying that saving for college shouldn’t be a big financial priority. I also think there are many situations where NOT saving for college can actually be the smartest decision, particularly if you’re talking about using a dedicated college savings account.

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Maxing and Relaxing

by Joe Morgan, JWM Wealth

For many women, feeling confident is directly related to having financial security. The financial security that this confidence stems from is often tied to another person rather than an actual plan. For instance, how many times have you heard some variation of the following:

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I No Longer Qualify for a Roth IRA — Now What?

by Sophia Bera, Gen Y Planning

You’ve heard the advice when it comes to saving for retirement: contribute enough to your employer-sponsored retirement plan to get the company match, and then contribute up to $5,500 per year to a Roth IRA. But Roth IRAs have income limits — $132,000 for single tax filers, and $194,000 for married filers. And if your income exceeds $117,000 (single) or $184,000 (married), you can only contribute a reduced annual amount.

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