49 min

246: Navigating the Complex World of College Planning and Financing The Wake Up Call

    • Inversiones

Description:
Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy.
In this episode, Paul and Brad delve deep into the intricate world of college planning and financing. They discuss the critical steps involved in the late-stage college planning process, including visits, testing, negotiating with schools, and securing various forms of financial aid. 
They also explore the differences in guidance counseling services between private and public schools, and the importance of understanding the available resources. Additionally, they provide insights on strategies for financing a college education without incurring excessive debt, the complexities of the FAFSA system, and the potential impact of assets and business ownership on financial aid eligibility. Whether you're a parent with college-bound children or a student preparing for the next chapter, this episode is a must-listen to navigate the challenges and opportunities of the college journey.
 
Key Takeaways:
Comprehensive college planning: The importance of early preparation, thorough research, and understanding the financial implications of the college selection process.
Navigating the financial aid landscape: Strategies for identifying and applying for scholarships, understanding the FAFSA system, and managing the complexities of need-based aid.
Financing college without debt: Exploring alternative financing options, such as leveraging assets and business ownership, to minimize student debt.
Guidance counseling differences: Recognizing the variations in college counseling services between private and public schools, and the need for proactive parental involvement.
Staying informed and seeking expert assistance: Utilizing available resources, such as college planning websites and professional consultations, to make informed decisions and navigate the college financing process.
 
► Resources
How can I help you? 
Book a 1 on 1 strategy session here:  https://shorturl.at/0Vntd
Group coaching with me, Peter Conti, and the Real Estate 101 team: https://shorturl.at/iDEcS
Opt in to my newsletter here https://shorturl.at/kxMO8
My social media accounts https://linktr.ee/pauldavidthompson
Check out my blog here:https://pauldavidthompson.com/blog/
Build your real estate portfolio hassle free with me and SHARE. Book a call with us here. https://calendly.com/sfrteam/pdt-share?month=2024-04
Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide
 
About Today’s Guest:
Brad Baldridge is one of the nation's leading college financial experts. For over 20 years, he has dedicated his career to teaching families the best strategies to plan, save, and pay for college. His mission is to help parents and students make their college dreams a reality without compromising their financial security or retirement.
 
Brad shares his expertise and insights through various channels. As the founder of a private practice, a blogger, and the host of the Taming the High Cost of College Podcast, he has established himself as a trusted authority in the field of college financing. Additionally, he frequently presents at workshops and seminars, further amplifying his reach and impact.
 
With his comprehensive knowledge and personalized approach, Baldridge empowers families to navigate the complex landscape of college planning and funding. He equips them with the tools and strategies necessary to make informed decisions, secure financial aid, and minimize debt – all while ensuring their long-term financial well-being.
 

Description:
Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy.
In this episode, Paul and Brad delve deep into the intricate world of college planning and financing. They discuss the critical steps involved in the late-stage college planning process, including visits, testing, negotiating with schools, and securing various forms of financial aid. 
They also explore the differences in guidance counseling services between private and public schools, and the importance of understanding the available resources. Additionally, they provide insights on strategies for financing a college education without incurring excessive debt, the complexities of the FAFSA system, and the potential impact of assets and business ownership on financial aid eligibility. Whether you're a parent with college-bound children or a student preparing for the next chapter, this episode is a must-listen to navigate the challenges and opportunities of the college journey.
 
Key Takeaways:
Comprehensive college planning: The importance of early preparation, thorough research, and understanding the financial implications of the college selection process.
Navigating the financial aid landscape: Strategies for identifying and applying for scholarships, understanding the FAFSA system, and managing the complexities of need-based aid.
Financing college without debt: Exploring alternative financing options, such as leveraging assets and business ownership, to minimize student debt.
Guidance counseling differences: Recognizing the variations in college counseling services between private and public schools, and the need for proactive parental involvement.
Staying informed and seeking expert assistance: Utilizing available resources, such as college planning websites and professional consultations, to make informed decisions and navigate the college financing process.
 
► Resources
How can I help you? 
Book a 1 on 1 strategy session here:  https://shorturl.at/0Vntd
Group coaching with me, Peter Conti, and the Real Estate 101 team: https://shorturl.at/iDEcS
Opt in to my newsletter here https://shorturl.at/kxMO8
My social media accounts https://linktr.ee/pauldavidthompson
Check out my blog here:https://pauldavidthompson.com/blog/
Build your real estate portfolio hassle free with me and SHARE. Book a call with us here. https://calendly.com/sfrteam/pdt-share?month=2024-04
Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide
 
About Today’s Guest:
Brad Baldridge is one of the nation's leading college financial experts. For over 20 years, he has dedicated his career to teaching families the best strategies to plan, save, and pay for college. His mission is to help parents and students make their college dreams a reality without compromising their financial security or retirement.
 
Brad shares his expertise and insights through various channels. As the founder of a private practice, a blogger, and the host of the Taming the High Cost of College Podcast, he has established himself as a trusted authority in the field of college financing. Additionally, he frequently presents at workshops and seminars, further amplifying his reach and impact.
 
With his comprehensive knowledge and personalized approach, Baldridge empowers families to navigate the complex landscape of college planning and funding. He equips them with the tools and strategies necessary to make informed decisions, secure financial aid, and minimize debt – all while ensuring their long-term financial well-being.
 

49 min