Why I Even Bothered To Become Debt-Free

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When I first started paying off my debts, I didn’t bother explaining why I was doing it to anyone. With ubiquitous student loan debt and readily accessible consumer credit, being in The Red is normal.

My friends actually considered me weird for trying to get out of debt. The few times I tried to explain my thoughts to them, they met my rationale with discouraging sentiments. “Well, I just accept that I’ll always have some sort of debt.” “There’s no reason to make my small income even smaller with extra debt payments.”

Paying off debt is totally up to the individual that carries the balance, and that can make it a lonely endeavor. To avoid being discouraged, I kept to myself.…

Do’s And Don’ts For Taking Grad School Programs

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I am hours away from finishing my last semester of grad school. I should be studying, but instead, I am thinking about how I managed to get through it—both mentally and financially.

Some things I wish I had done. Others, I would definitely do again if I relived the past year. For those of you considering grad school, I’ve pulled together the do’s and don’ts I experienced to help you take on the additional cost while paying off your debts from undergrad.…

How To Be Financially Prepared To Move Out

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It is almost spring, which means the end of the school year is just around the corner. This means it is time to think about living arrangements outside the dorm or, in my case, my parents’ house.

Living at home, for FREE, while I finish my master’s degree has been extremely helpful for managing my student loans payments and the cost of grad school. However, unsurprisingly, I’m counting down the days until I can move out.

As I do, I see more and more dollar signs pop up spurred by my decision to move.…

STUDENT LOAN UPDATE: DOWN TO $14,500

Money Knowledge for college and beyond
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I usually log into my student loan websites to check balances once per week. This is frequent enough for me to make sure payments are going through, but not quite enough to make me anxious from obsessing over the total.

My student loan balance now sits at $14,500. Looking at that number, I’m disappointed to admit I still feel daunted. How can I still owe so much after nearly a year of aggressive debt payments?…

Knowing How To Manage Your Money Matters

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Since it’s National Financial Literacy Month, I thought it’d be a good time to talk about getting your finances in order.

When I first started getting my finances in order, I was intimidated by the amount of information out there and confused about how to get started. I had a student loan debt that was more than I had ever earned in a single year, and I had no idea where to begin when it came to saving money.

I was still opting for Kraft dinners three nights per week (out of both choice and financial necessity). How could I be expected to start putting money away for retirement?…

Financial Advice Dog Advises Us on Finance (Obviously) [MEMES]

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You’re supposed to let sleeping dogs lie. And for a while, I was going to do that with our memes feature. These were Intern Alexandra’s posts (sadly, she’s no longer with us), and I was ready to drop the idea off at a farm in the countryside to “retire”—don’t worry, the old-blog-post farm is totally real!

But then, an actual dog convinced me otherwise. Yes, it’s the financial advice dog.…

Closing a Conversation “Loop” About Money With Yourself

Money Knowledge for college and beyond
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This weekend marks the release of Looper, starring Joseph Gordon-Levitt as a young Bruce Willis and Bruce Willis as, well, Bruce Willis (let’s face it, he’s not trying anymore).

In the film, the mob hires JGL to kill people sent back in time—including his future self. (It still sounds better than being a mob doctor…)…

Star Wars Kid = Emergency Fund

Money Knowledge for college and beyond
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It’s easy to come into money this time of year. You could receive it as a gift, a year-end bonus, or from selling the rights to Star Wars. (Note: That last one is where the big bucks are.)

It’s even easier to spend that cash on something expensive like this. And while the kid in this video would probably love that, here’s some different, Yoda-esque advice for what to do with your new wealth: Emergency fund, you should start.…