Category Archives for "Student Loans"

10 Online Job Portals to Find Work During Summer for Students

10 Online Job Portals to Find Work During Summer for Students

Statistics show that a summer job prepares you for adulthood. From communication skills to leadership skills, a summer job offers real benefits that last a lifetime. Although a summer job will likely not allow you to earn enough money to retire, researchers are finding that people who take the initiative and find a summer job earn significantly more money over the course of their lives than people who do not.

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How to Pay Off Your Student Loans Quickly: 7 Crazy-Ass Tips that Work

How to Pay Off Your Student Loans Quickly

Finally, you’ve decided to pay back the so-called student loans. It’s a decision that, though it isn’t fun at all, you have no other alternative, but to make. And there’s nothing funny about it at all!

At a time when almost everyone seemingly hasn’t paid this debt, and it’s already hitting an all-time high of $1.5 trillion, your decision is definitely laudable. But even though you have decided to stop the shame of student loan defaulters from following you, there’s one other thing you certainly need to address as well.

You need the loan cleared ASAP and the responsibility put to rest forever. But you have no idea how you’ll get that done. Of course, the idea of repaying it for 20 years is out of the equation.

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How I Paid Off $20,000 in Student Loan Debt

student loan debt

Remember when you just graduated college?  The very last thing you ever thought about was student loan debt.

After all, you were so excited to take on the world.  You thought you had a plan for your life and, if you were lucky, you had a job lined up before graduation.

No, you didn’t worry about budgets.  You probably didn’t even know what debt was.  Wasn’t a bill something your parents paid?

Then, you get your first paycheck and it’s not as big as you would hoped.  Taxes and all other fun stuff rob you of that juicy gross income.  Further, you get smacked with a student loan bill that you may have not even realized existed.

When Anna and I were just starting out, we neglected to keep a budget.  We paid for the big television package that had all the interesting business channels that we enjoyed watching.  Yes, we are news and financial nerds.

One Saturday night, in particular, we sat down to watch some TV before bed and on came Dave Ramsey on the Fox Business Network.  His opening line was (which is all too familiar to us now) was about living like no one else, so that someday you can live like no one else.

That line really stuck with us.  And it lead to a big mindset shift for us.Continue reading