Get Strategic And Stop “Throwing Money” At Your Loan Payments

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Helping people understand student loans is our job at SALT™, and few are better at it than Betsy Mayotte—the director of regulatory compliance for American Student Assistance®(our parent company). We told borrowers to “Just Ask” her questions, so check out her answers below (as well as her cat—because if Piglet can’t make student loans better, what can?).…

How To Save Money As A Wedding Guest

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Ahhhh … springtime. The snow is melting, the birds are chirping, the NHL playoffs are here, and the start of wedding season is officially upon us.

Between April and October of this year, my wife will attend eight weddings. Eight. Like five more than three. While I am very excited to see many close friends and family “take the plunge,” all these weddings come at a steep price tag—and not just for the people throwing the party.…

3 Big Mistakes To Avoid When Searching For A Summer Internship

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As I’m just wrapping up the first year of my MBA, I’m looking forward to the 4-month break of summer vacation before hitting the books again in the fall. Even more than relaxing from my studies, I’m looking forward to bringing in some income through a paid summer internship.

Having already put in a few years of professional work experience, I thought I had finding the right internship under control, but I’m a little embarrassed to admit I made some major mistakes in my search. Here are the three biggest ones, so you can avoid making them yourself!…

The SALT Financial Aid Comparison Tool

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If you are in the position where you’ve received more than one financial aid award letter and need to compare them, then congrats! Hats off to you for both being accepted into multiple schools and putting yourself in a position where you can now choose the best financial aid outcome!

Now, the tough part: accomplishing an apples-to-apples comparison of your financial aid award letters.…

Understanding Your Financial Aid Award Letter

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A financial aid award letter is a document that your school will send you after you’ve completed your required financial aid applications. It outlines all of the financial aid being offered to you by both the federal government and your school.

Keep in mind that this is an offer of financial aid and you don’t have to accept everything they offer you. For example, if your financial aid includes a small loan and you don’t want or need that loan, you can say “no thanks” to that loan without affecting your other aid.…

Organize All Your Debt At Once With Help From SALT

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Sometimes, the hardest part about debt is keeping track of it all. (OK, paying off the actual “debt” is tougher, but we swear the management is a not-too-distant second for many of us.)

Here at SALT™, we like to think we can help you with the former, through articles, videos, and more that educate you on topics like student loan repayment options and why you should love your budget. But now, we know we can help you with the latter—thanks to the newest tool on our site.…

Jay-Z And Kanye Talk Personal Finance

Money is number one to both Hova and Yeezy … but they think about it in very different ways.
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Money’s always been a popular topic in hip-hop, but mostly in in the boastful, look-how-much-cash-I’ve-got” kind of way. There are some exceptions, though. For example, Macklemore’s “Thrift Shop” won our attention a while ago as a tribute to frugal shopping. And, of course, there are other financial lessons to be learned from some hip-hop songs, even if they aren’t specifically about money.…