College Finance 101 Boone NC

Okay, your child has been accepted into several colleges and has likely made a decision by this point on what college they will attend - so what next? You now need to help your child learn about how to manage a banking account as well as credit cards. That means both parents and students need to approach the college financial scene with unprecedented caution. Here are several things you should focus on as soon as possible.

Mr. Michael Earl Steele, CFP®
(828) 264-1248
184 Realty Row
Boone, NC
Firm
Michael E. Steele, CFP
Areas of Specialization
Asset Allocation, Education Planning, General Financial Planning, Insurance Planning, Investment Management, Long-Term Care, Retirement Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided by:
Dr. Ivan C. Roten, CFP®
(828) 262-6943
Department Of Finance, Banking And Insurance
Boone, NC
Firm
Appalachian State University

Data Provided by:
Mr. Jonathan C. Allen, CFP®
(828) 268-9693
980 Highway 105
Boone, NC
Firm
Allen Wealth Management LLC
Areas of Specialization
Asset Allocation, Estate Planning, Investment Planning, Long-Term Care, Tax Planning, Wealth Management

Data Provided by:
William M Helms Jr., CFP®
(828) 262-3777
895 State Farm Rd. Ste. 210
Boone, NC
Firm
Lincoln Financial Securities

Data Provided by:
Ms. Patricia L. Smith, CFP®
(828) 264-8990
4469 Bamboo Rd
Boone, NC
Firm
Ameriprise Financial Services,Inc
Areas of Specialization
Comprehensive Financial Planning, Retirement Income Management, Tax Planning, Women's Finances
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided by:
Mr. James Donald Miller, CFP®
(828) 262-5714
136 Furman Rd. Suite 9
Boone, NC
Firm
James Donald Miller, CPA/PFS, P. A.
Areas of Specialization
Accounting, Asset Allocation, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Debt Management

Data Provided by:
Mr. Daniel E. Jobe, CFP®
(828) 265-9494
183 Rembrandt Dr.
Boone, NC
Firm
VALIC Financial Advisors

Data Provided by:
Mr. Don R. Cox, CFP®
(828) 262-6223
Appalachian State Univ
Boone, NC
Firm
College of Business

Data Provided by:
Mr. Gary Thomas Moss Jr., CFP®
(828) 264-8990
4469 Bamboo Rd Ste 105
Boone, NC
Firm
Ameriprise Financial Services, Inc.
Areas of Specialization
Estate Planning, Insurance Planning, Investment Planning, Retirement Income Management, Retirement Planning, Tax Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $50,001 - $100,000



Data Provided by:
Mr. J. Michael Eldridge, CFP®
(828) 264-0066
Suite 302 Colony Place
Boone, NC
Firm
Ameriprise Financial Services,
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Estate Planning, Insurance Planning, Intergenerational Planning, Investment Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided by:
Data Provided by:

College Finance 101

Okay, your child has been accepted into several colleges and has likely made a decision by this point on what college they will attend - so what next? You now need to help your child learn about how to manage a banking account as well as credit cards. That means both parents and students need to approach the college financial scene with unprecedented caution. Here are several things you should focus on as soon as possible:

Start managing credit and debit cards before school starts: The time to start managing credit and bank accounts isn’t freshman year. While a teenager won’t build a credit history as an authorized user on a parent’s card, it’s good to get a little practice using it under a parent’s watchful eye. When a child goes on to college, the challenge will be looking for the best credit card offer amongst many and managing that credit responsibly.

Setting a budget as early as possible for basic expenses: Until the student gets to school it will be tough to tell what actual expenses will be, but it won’t hurt to set a tentative budget that involves taking full account of the student’s savings, the parents’ (and possibly the grandparents’) contribution to everyday expenses and any planned income from work-study or other sources. Go here
for a template of a budget written specifically for college students.

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