Welcome back to another episode of Coffee & Cash!  Over the past thirty-or-so years, we’ve seen college tuition, housing costs, and food prices soar. Tuition costs may be out of our hands, but as parents of college students, there are a few options to control living expenses. On average, during the 2020-2021 school year, students spent over $11,000 on room and board at public four-year institutions. At private nonprofit four-year colleges and universities, the average cost goes up to over $13,000. To save (and sometimes make) money, some families choose to skip the dorm and buy a home for their college-aged child instead.  In today’s episode, we’ll cover the pros and cons to purchasing a home for your college student to study and sleep in, rather than investing in a dorm. 

If you have any questions about your financial future, please feel free to give us a call at (518) 406-5624 or book a free consultation through our website at www.simmonscapitalgroup.com. Don’t forget to subscribe for more educational videos like this one. See you next week!

Identity theft has become and all too familiar fear as more and more of our lives and personal information live online. Identity Theft Resource Center reports that the number of data breaches involving sensitive personal information rose 83% between 2020 and 2021.  In today’s Coffee & Cash, we’re going to touch on how your identity can be used to commit fraud and the warning signs that you’re a victim of ID fraud.  

If you have any questions, we’d be happy to help. Please feel free to call the office at (518)406-5624 or book a free consultation on our website at www.simmonscapitalgroup.com. See you next week for another episode of Coffee & Cash! Be well.