Student Loans 101
What are student loans? Student loans are loans made to people who are trying to go to college but cannot afford the college they are going to, or can only afford part of the cost. A student loan lends people the amount of money…
Why You Should Care about the 2008 Libor Scandal
LIBOR is a benchmark interest rate that most global banks use as the standard for issuing loans. If you have ever applied to take out a lot from a bank, LIBOR was certainly used to determine your interest rate and how much money you can…
How to cook with a few expenses
You’re busy… we get it. Whether it be because of school, friends or dreaded job searching, we often neglect to eat well, if even at all. However, it is extremely important to eat and mapping out the week with scheduled meals should be a necessity…
Why the Apple Card Will be Successful
Waiters and waitresses may soon be asking us, “And which credit card will you be using today? Visa, American Express… Apple?” Recently, Apple announced it will be releasing a credit card. The card, backed by Goldman Sachs and Mastercard, will work in contingency with Apple…
List of Books for Aspiring Entrepreneurs
If you have ever watched ABC’s hit show Shark Tank, you have definitely thought to yourself “Wow that is an amazingly innovative idea. I guarantee a shark will invest” only to later see the budding entrepreneur walk out of the room deflated and without a…
How Valuable is a College Degree?
Every year, thousands of high-school students must make the decision to pursue another degree or to enter the workforce. At Vola, our mission is to give you advances on your earnings. In order to make sure we can provide you the best experience, we take…
Music Streaming Student Discounts
Sean Parker, founder of Napster (one of the first music streaming sites) once said, “You want people using your product because it’s a part of your life, then they can’t stop using it.” Recently, there has been the emergence of several different music streaming services,…
Time Value of Money
I clearly remember riding in the backseat of a friend’s car a few years ago and listening to her mom talk to her daughter (my friend) about something involving finance and car insurance. To this day, I am only able to recall 5% of their…
What’s a Stock Index?
A stock market index measures how well certain stocks are doing. They usually use the weighted average of the prices of each individual stock to get this index price. The index describes the trends of those specific securities, and thus shows the overall trends of…
Explaining the FICA Exemption
Every day we read the news and view countless stories of politicians debating over the future of student loans and the overall cost of attending college. While there is merit in looking towards the future, working college students need solutions right now to help them…
Should Your Parents Pay For Your College Education?
With the rising cost of higher education and the increasing amount of debt that students must take on to attend college, parents often step in to help financially. Although they’re coming from a good place, parents can often pay for their children’s college at the…
How to avoid scholarship scams
Scholarship search services are a big industry for parents who are desperate to land a scholarship for their students. So naturally, the industry attracts its share of scammers and fraudsters. It is estimated that more than 350,000 students and families fall prey to these scams every year….