How to Pay Off Student Loans Fast

pay off student loans
Most people are shocked that it took five years to pay off my student loans. That timeframe was unusually short, and it took a lot of creativity and sacrifice. Here are some ways to pay off student loans fast. Tips for Students Apply your refund check to your loan instead of spending it. I was told to do this my freshman year of college, yet I didn’t listen. I could have saved thousands of dollars...
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Fact Check Finance: Wait to Invest Until You Pay Off Your Debt

invest after you pay debt
Dave Ramsey recommends that you wait to invest until after all of your consumer debt is paid off except for your mortgage. I understand the logic, but I don’t think it is a one-size-fits-all solution. Wait to Invest? Dave Ramsey has a financial freedom program that includes baby steps. Investing 15% of your income for retirement is baby step number four, after a small emergency fund, paying...
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How Much Debt Repels Daters?

How much debt repels daters?
New Survey Shows Average Amounts That Turn Off Suitors Which is the worst first-date mistake – talking about an ex, eating food off your date’s plate, or mentioning that you are heavily in debt?
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Five Obstacles That Are Keeping You In Debt

Why You Can't Get Out of Debt,obstacles
Everyone says “Get out of debt”, as though it’s a simple mechanical effort, and the only thing stopping anyone from doing it is stubbornness. If only that were true! Before you can get out of debt, you first have to identify the reasons why you are in debt. I’ve been able to identify at least five obstacles that are keeping you in debt. It’s commonly believed that irresponsibility is the...
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When Is Bankruptcy the Right Choice?

is bankruptcy the right choice?
Most personal finance blogs advise against bankruptcy. And this is good advice – doing all that you can to avoid facing the circumstances that would make bankruptcy necessary is always the first, best course. But are there times when bankruptcy is the right choice? I think it might be better to say that there are times when bankruptcy is the only choice. How can you tell if you are in that situation,...
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