An Introduction

Hi. Welcome to BourGroup and my blog. Phil

Phil Bour is a CERTIFIED FINANCIAL PLANNER(tm) professional since 2004, a Magna Cum Laude college graduate and an accounting professional for over 35+ years. I love numbers, statistics and economic history.

I am also an Enrolled Agent (EA) to represent taxpayers before the Internal Revenue Service and to prepare tax returns.

"Phil"osophy: I believe that you can manage your money on your own (not necessarily through individual stock selection but through mutual funds, ETF's and other solutions) once you receive some one-time, professional guidance. Why pay annual fees when there may be little added value? For additional information, first read the "An Introduction" label at the left. Then move on to others.

Wednesday, October 3, 2007

College Costs

Too funny: 9 steps to college preparedness:

From US NEWS AND WORLD REPORTS article: "Run the Numbers" by Kim Clark (4/8/07)

  1. Find out the college's total cost of attendance.
  2. Deduct grants and scholarships to calculate your out-of-pocket cost.
  3. Determine what the requirements are to have a scholarship renewed for subsequent years.
  4. Figure out how long it's likely to take to get a degree. Most students now need at least five years.
  5. Weigh the savings from living at home for two years and going to community college vs. the chance that you won't transfer to a four-year school.
  6. Decide how many hours a week you could work at a job without hurting your grades.
  7. Look for last-minute scholarships with late deadlines.
  8. Appeal to the college financial aid office for a better deal if your family has evidence of greater need.
  9. If You're Running Behind...
    It's not too late to apply for college scholarships