One reason to have insurance of any kind is to protect against potentially high out-of-pocket costs associated with events that may or may not happen. From the insurer’s perspective, the lower the likelihood of a dreaded event happening, such as a house fire, the less the insurance will cost. Each payout may be high, but since there won’t be very many of them, insurers can charge lots of people low premiums and still make a profit. Homeowners don’t mind paying on a policy tha
Parents may assume they earn too much to qualify for financial aid.
However, there are a number of strategies that even wealthy families can employ to cut expenses. While it’s no surprise that parents stress about how they’re going to pay for college, you may be shocked at those who are arguably the biggest worriers. Usually, the people who are most proactive in seeking ways to cut college costs are affluent and wealthy parents.
The good news is that simple yet effective st