The $500,000 Implication of Earning $35,000 in Scholarships with Financial Advisor, Will Hoffman
The Scholarship GPS Podcast: Your Directions to a Debt-Free College Degree
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Show Notes
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- $1000 Price Benowitz Federal Justice Reform Scholarship
- $1000 Umansky Law Firm Second Chance Scholarship
- $14.5 Million Taco Bell Live Más Scholarship
- "College Here I Come" Scholarship for High School Seniors
- "Broad Horizons" Scholarship for High School Juniors
- $2000 Smarter College Better Financial Future Scholarship
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Will Hoffman is a Financial Advisor with almost 23 years of experience, and the founder and president of Hoffman Wealth Management, a firm working with busy families and active retirees, helping them navigate the complicated scenarios of their wealth while creating the life that they desire. He’s the host of the Wealth on the Move the podcast. He is the Father of Liam, Miles and Nolan, and when he is not coaching their youth sports teams, he is an active marathon runner, completing 7 marathons all fundraising for either the Children’s Tumber foundation or NFCA of Pittsburgh. Two organizations that are dedicated to curing and helping people live with neurofibromatosis ,a birth affect that his oldest son Liam lives with.
In our conversation, Will and I discussed:
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The incredibly short time horizon that parents have to save for their kids’ college, and how that compares to saving for retirement
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529 Plans, Coverdale Education Accounts, and other college savings plans, including recent changes that parents need to be aware of
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The potential half-million dollar implication of earning just $35,000 in scholarships
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College savings options for parents of teens
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The implications of borrowing from a parent’s retirement account to pay for their kids’ college
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The implications of borrowing against your home to pay for college
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How to think about student loans
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And much more…
To connect with Will, go to HoffmanWealth.com.
And check out Will’s podcast, Wealth on the Move.
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Get our FREE Scholarship Guide for Current College Students here: https://www.scholarshipgps.com/collegescholarships