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Understand Financial Aid Definitions

Understand Financial Aid Definitions- a Glossary The terminology used in college financial aid award letters can be confusing. Here’s a quick guide to some frequently used terms, some financial aid definitions: Cost of attendance: The total price of going to a particular college. It includes tuition, fees, room, board, books, supplies, meal plan, and other […]

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A Personal Debt Assessment

A Personal Debt Assessment: Your Financial Life Preserver Do you feel like you’re drowning in debt? Trust your instincts. You might need a personal debt assessment. The national average credit card debt per household is $5,700. About 41.2% of households carry a balance on credit cards from month to month. Our reliance on plastic and […]

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How About a Financial Check-up?

Review Your Financial Situation Regularly To stay in good physical health, most people get a medical check-up on a regular basis. To keep your finances manageable, they need a regular financial check-up as well. It’s particularly important to review your finances if there have been changes to your life in the past year. Things like […]

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Resolve for Financial Well-being

Majority of Americans Resolve for Financial Well-being in 2018 Below is great information from NEFE, the National Endowment for Financial Education. Mid Oregon believes that NEFE is an organization which provides quality financial information. From time to time they share content on tips and resources to those interested in improving their financial well being. Occasionally […]

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To Pay Down Debt, First Save

When you want to pay off debt fast, that impulse often means depleting your savings. So how do you pay off debt AND save money? Paying Debt vs. Increasing Savings Mathematically, based on the interest rates of your loans versus your savings account (or other savings products), your debt is likely costing you more money […]