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Why College Arts Students Should Protect Their Portfolios

Posted on Feb 11, 2019 with No comments
As a college arts student, improving your skills and creating an impressive portfolio may be at the top of your list of goals until you graduate. These are essential in order to move on to the next step after graduation and land a great job with significant growth potential in your desired field. The last thing that you may be thinking about is protecting your portfolio but there are a few critical reasons why this should be a top priority throughout your college career and beyond.

Intellectual Property Theft


When you apply for a creative arts job immediately after graduation or even many years down the road, hiring managers understandably will look at your educational background and previous work experience. More importantly, they want to see what type of creative work that you can produce.

A job applicant with a stellar resume may have trouble landing a great creative arts job without a portfolio or if it appears as though that portfolio includes another person’s artwork. Intellectual property theft is a significant problem for individuals in this field, so you must take every step possible to protect your work. Consulting with an intellectual property lawyer early in your college career about the best way to protect your work is a smart idea.

Physical Damage


While you understandably do not want anyone to steal your work and claim it as their own, this is not the only way that your portfolio of work may be unavailable when needed. If you do not actively safeguard your portfolio, the work can be damaged.

This may be related to a fire in your home, water damage or even a pet getting hold of it. Protecting your portfolio from physical damage is easy to do when you understand the importance of doing so. For example, you may simply store your portfolio in fireproof lock box or safe. This consequently also protects your portfolio from theft.




From a professional perspective, there are few things that are more important to a creative arts professional than their portfolio. You will begin compiling a portfolio of your work early in your college career, and this is the time when you should begin protecting it against theft and physical damage.

Now that you understand what the risks associated with portfolio loss are, you can take action to protect your work going forward. Keep in mind that you will need to continue to protect your expanding portfolio throughout your career.


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How to Make Utilities Affordable on a Strict Budget in College

Posted on Jan 31, 2019 with No comments
When you’re on a tight budget, it’s so important to stay within the lines. When you don’t, it can lead to debt and more negative financial scenarios. It’s one thing to cut down on your expenses for food. There are food banks, coupons and other ways to make food stretch. However, this same concept doesn’t apply to your utility bills. Thankfully, there are ways you can make your utilities more affordable when you’re on a tight budget. Consider the following four ideas.

Limit Energy Consumption


This doesn’t mean that you’re supposed to sleep in a cold home during the winter. However, it does mean that you need to be intentional with your usage. Keep the thermostat at a consistent temperature like 69 degrees during the seasons. Use space heaters with timers for rooms that you’ll spend a lot of time in.


Wear a layer or two as well. Try to cook meals no more than twice a week. When you cook major meals ahead of time, you won’t have to heat up the stove for longer periods of time. Turn off the lights once you leave a room. Unplug your items when you’re finished watching television or using the toaster. These small tips add up.

Find an Affordable Internet Service Provider


It might be a wise idea to let go of your cable and internet package. There are many an internet service provider to choose from, so make sure you find one that works for you and your needs. Plus, you can also watch your favorite shows through inexpensive subscription programs online.

Implement Ways to Cut down on Water Usage


Check to see if there are any leaks. If water is continuously running in one of the toilets, make sure the issue is fixed quickly. Take shorter showers. It’s also a good idea to use a low-flow showerhead. It’ll help you conserve water, get clean and keep your water bill low.

Talk to Your Utility Providers


Always remember to talk with your utility service providers. Ask about any potential programs they offer that can help you decrease your monthly bill. Sometimes, it’s just about making a phone call to inquire. In other cases, they might send someone to your home in order to give a free consultation. Many utility companies will provide free consultations so that you can learn more about ways to conserve energy and spend less.

As you implement these tips and become used to them, you might find yourself preferring this way of living. When you do get some financial margin, these tips aren’t bad to maintain. After all, you can still live comfortably. The bills will be paid and you’ll get to put more money into other areas like savings or travel.


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4 Plans to Save For Private Education Expenses

Posted on Jan 20, 2019 with No comments
Preparation and saving for private school tuition now is possible and more economical than financing the cost from future cash flow. While some restrictions may exist, there are tax advantaged ways of making the costs more budget-friendly and more efficient with your overall financial planning.

529 Plan


The most largely employed education savings account. Contributions are non-deductible inside a 529 plan, however they grow tax free inside the account. The contribution limitation for 2018 is $15,000 annually per contributor or $75,000 per contributor as a 5 year "pre-paid" gift. 

If applied toward qualified secondary and post-secondary education costs, distributions are tax free. There are distribution limitations for K-12 costs. The adult retains full control as the owner of the account.

Coverdell Savings Account (ESA)/ Education IRA


The non-deductible additions grow tax free inside the account. If the funds are employed for qualified education costs, distributions are tax free given they are used for qualified costs relating to private schools, but they can be utilized for both secondary and post-secondary academic expenses.



Contribution restrictions contain several factors including amount ($2,000 annually for 2018), income limits, and age limits of the minor. Contributions are deemed a gift to the child and effectively become the property of the beneficiary if they are not used for qualified educational expenses.

Regular Custodial Accounts (UTMA/UGMA)


This account is similar to the ESA in that contributions are a gift to the college student. At age 18 the student takes possession of the account. The tax benefit is different from 529s and ESAs. Distributions do not carry additional taxes as the earnings are taxed throughout the duration of the account. 

The taxation of UTMA accounts have shifted for 2018, making it very necessary to understand how this account would be taxed for you. This account usually has a dual-purpose because the goal is to pay for education with the intention that the child will receive the balance as a "graduation gift" once he/ she has completed school. The contribution limit into an UTMA is $13,000 annually per donor for 2018.


Pre-paid State Tuition Plans


Although not available in every state, some have particular plans for resident students attending an in-state university that allows for a parent to pre-pay college expenses. The adult pays for tuition at a reduced rate and can "secure" the tuition cost for that child, years in advance. This plan is seldom used, nevertheless, because of the restriction on where the child can attend. Each state program is unique and requires further study, if being considered.

As with retirement, it is important to prepare for college costs as early as possible to take advantage of long-term growth opportunities. Any one of these options will assist in saving for those costs and relieve the pressure of tuition expenses when they come due. It is recommended that one look for the advice of a Certified Financial Planner ™ expert or tax expert when deciding which plan is best for each unique circumstance.


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Side Hustle: 4 Easy Ways to Make Extra Cash in College

Posted on Jan 16, 2019 with No comments
Getting money can seem like one of the hardest things in the world. It doesn’t have to be that difficult for anyone, however. If you’re clever and resourceful, earning spare cash shouldn’t be too complex for you. There are all sorts of options out there for ingenuous folks who don’t want to take “no” for an answer in life.

Throw a Garage Sale


Organizing a yard sale can help you earn spare cash rapidly and easily. All you have to do is browse through your belongings. If you find things that you no longer want or use, then you should consider selling them. Putting together a neighborhood garage sale can be excellent for people who want to unload and make money simultaneously.


Sell Your Possessions on the Internet


Selling belongings on the Internet can be suitable for people who want to easily and rapidly score spare cash. There are so many websites online that are fitting for the sales of old items. There are many auction sites that are fitting for them, too.





Create comprehensive listings for any items you wish to sell. If you want to sell an old acoustic guitar, write about it in great detail. Include clear photographs of it from numerous angles as well.


Look for a Part-Time Position


Part-time work can be helpful to people who need spare money. You don’t have to get a part-time job at a boutique or a grocery store, either. If you’re unable to find the time to squeeze in a conventional part-time position, you can think about starting a pet walking or sitting business in your neighborhood. You may be able to feed cats that are alone while their owners are away on business or on vacation. You may be able to walk dogs that have busy owners as well. Be sure to explore all of your available job paths.

Recycle Scrap Metal


Scrap metal recycling can be a superb option for people who are in need of more money. Be on the lookout for scrap metal services that are accessible to your household. You can even look around your community. Scrap metal recycling can help people simply and confidently make money. It doesn’t call for a substantial time commitment in any way, either.

Earning extra cash can make you feel smart. It can help you save for all kinds of essential purchases as well. Resourceful people can explore all sorts of money-making avenues nowadays.


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Withdrawing Money From A 529 College Savings Plan

Posted on Jan 11, 2019 with No comments
Parents who've been saving for years know the benefits of putting dollars into a 529 college savings account. They get huge tax breaks on the cash. However what goes on when it's eventually time to take the money out? Financial experts at Money Magazine say there are smart techniques to accomplish it.

If you don't spend the money on a valid 529 expenditure, you'll pay income tax on the gains in the 529 and a 10 percent penalty on the amount you saved. Legitimate 529 expenses consist of common things, such as tuition and supplies, like books and personal computers. You can additionally use the money towards room and board if the trainee is registered in school at least half-time.

As you spend, be sure to keep all your receipts. The IRS may have questions later. Know that when you spend the money also make a difference. You need to spend it in the corresponding year that you make the withdrawal. That means the fiscal year, not the academic year.




If you're lucky enough to have left over 529 funds, you can avoid taxes and penalties by saving it for graduate school, moving the money to another child, a family member or perhaps apply it to advance your own education.

- Managing Your Strategies For 529 Plan Withdrawals -


Money Magazine says that in some cases you can even use 529 money towards education expenses for kids in kindergarten through the 12th grade, but only up to ten thousand dollars per child, per year. Simply be sure to get in touch with your plan administrator to find out what's covered.





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4 Home Additions To Save Up For Years Before Undertaking

Posted on Jan 3, 2019 with No comments

While many home renovation projects are simple and inexpensive, there might be a few major upgrades that you are interested in. If that sounds like your own situation, then you need to start figuring out your finances a few years in advance. Here is a look at four large projects that are going to require careful planning and a solid budget.

In-ground Pool


Installing an in-ground pool is going to turn your backyard into an outdoor getaway, but there are a few major expenses to consider. In addition to the initial installation costs, you also need to think about how the pool is going to impact your home insurance. As a general rule, most basic home policies don’t cover any liability issues with a new pool unless the owner has purposefully added that coverage.

Upgrade Major Mechanical Systems


Adding a new electrical outlet or faucet generally won’t be a big deal, but replacing all of the wires and pipes in your home is a serious undertaking. That being said, you should consider carrying this project out if those systems haven’t been updated within the last few decades.




Old pipes often contain a wide variety of unwanted contaminants, and frayed wires are a fire hazard. This project should only be carried out by licensed and insured professionals who have permits to work in your state.

Outdoor Patio



Depending on where you live, installing one of many outdoor patios is another major project that can drastically increase the resale value of your home. This upgrade is also going to extend your living area and give you an excellent place to relax with family and friends throughout the year. Before your contractor breaks ground on this project, you will need to consider a few different variables including the overall size, what types of materials you would like to use, and what amenities you would like inside the covered area.

Remodel the Kitchen


Even though remodeling an outdated or unattractive kitchen will make a home much more appealing, it is a serious undertaking that shouldn’t be taken lightly. You might even need to leave your home for a few days if the contractors are going to turn off your water or electricity. That being said, this is a great option for anyone who would like to increase the value of their property as much as possible. Simply installing new appliances and cabinets could boost your home’s resale value by tens of thousands of dollars.

When it comes time to pay for one of these projects, homeowners need to consider all of their financial options. Some homeowners might benefit from taking out a small loan while others will actually save money by putting the expenses on a low-interest credit card.


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A New Level of Luxury in Student Accommodation

Posted on Dec 20, 2018 with No comments
If you think about student accommodation and unpleasant memories of damp walls, cramped houses and broken boilers come to mind, you may have been right twenty years ago. But in 2018 things are different. The UK higher education sector is worth billions to the UK economy and student experience is one of the driving forces behind this.

If students are being enticed into spending tens of thousands of pounds for a world class education, they are expecting far more from their accommodation than ever before. 24-hour concierge services, rooftop bars, high end interior design and communal cinema rooms are just some of the luxury features that are appreciated and expected by the discerning students of the 21st century.

The university sector has become one of the biggest industries in the UK, and the purpose built student accommodation sector has followed suit, changing the face of student accommodation for an increasing number of students who want more from their environment than four walls and a broken desk

In 2016-17 there were a huge 2.32 million students studying in the UK, making up a considerable percentage of the population. In 2014-15 universities generated £95 billion in gross output for the UK economy and earned £34.7 billion total income in 2015-16. Universities are now a major factor in city planning, economic strategies and growth plans for a plethora of companies, and their economic value can’t be ignored. These incredible numbers have meant that universities, despite their best efforts, have been unable to provide beds for every student that decides to study in Britain.




The demand for student accommodation has been so great that the private sector has increasingly been playing a pivotal role in providing student housing. With such impressive numbers and international attention, the industry has had to adapt to be able to provide the first-class luxury accommodation students are looking for.

The levels of luxury expected from students in the UK may seem excessive, chandeliers, photo booths and games consoles included, but there is a real demand for properties that offer students a unique and comfortable experience. Students now expect to leave university with a mountain of debt, so extra spending on beautiful accommodation isn’t as daunting as it may appear.

Hotel style suites with a private kitchen, shower room and front door allow students a greater level of privacy than students have been accustomed to, fridge fighting and broken bathroom locks are a thing of the past here. Work rooms, on-site cinemas, floor to ceiling windows and art on the walls all contribute to a luxury experience that would be unrecognizable to students twenty years ago.

Hamilton Hub, a recent student accommodation development on the Wirral in Merseyside is a prime example of the new levels of luxury in student accommodation. RW Invest’s luxury development is perfect for the new generation of students who are looking for a little extra.

With 142 studios and 58 en-suite pods, tenants are treated to premium facilities like an on-site gym, communal lounge complete with snooker table and sofas and a landscaped secret garden that wouldn’t be out of place at Chelsea flower show. Luxury furniture, minimalistic modern décor and an all-inclusive pricing strategy that includes bills as well as rent shows just how far student accommodation has come.

Luxury student accommodation is also providing lucrative opportunities for savvy investors who have recognized this dramatic shift in the market. The rental rates of purpose built student accommodation have increased 80% in the last 10 years and with yields of 8% and higher, the return on investment for a luxury student accommodation property are an attractive prospect for prospective investors.


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