We're a nation that loves debt. According to CNBC, the average American has $26,000 in debt (not including their mortgage). High-interest debt can be suffocating and prevent you from reaching your financial goals. If you're underwater, financial freedom feels like it will take far too long to … [Read more...] about 9 Proven Ways to Pay off Debt Faster This Year
Have student loan debt? You’re not alone. Plagued by debt, people are delaying other important financial actions, like investing, saving, and building an emergency fund.
If you’re paying back your loans, you can achieve financial freedom with the right tools and tips. The best apps and refinance options help you reach your goals faster. Start attacking your outstanding debt here and say goodbye to monthly payments for good.
When you're a new college graduate, money missteps can make or break your financial success. Following a budget template specifically designed for new grads is a great way to get and stay on the right track. Having a budget can help you predict upcoming expenses. You can also avoid living … [Read more...] about A Budget Template for New Grads: 10 Steps to Master Your Money
Sometimes we find ourselves in a financial pinch and we try to consider every way possible out of our current situation. If you have overwhelming debt, you might think bankruptcy is a good option. In the case of Chapter 7 bankruptcy, this may rid you of your debt for good. However, Chapter 13 … [Read more...] about 8 Best Alternatives to Bankruptcy: Kill Debt for Good!
It’s no shock that college is crazy-expensive. I think about our children, and I shudder to think of what college will cost when it comes time. Regardless of whether you have years before college, or you just stepped foot on campus understanding student loans is vital to mitigating the … [Read more...] about Understanding Student Loans: 7 Things You Must Know Before Taking Them Out
Going back to school as an adult is a big decision. Whether you’re looking to advance your skills so you can qualify for a better-paying job in your field or enter a whole new career path, going back to school can help. However, there are lots of expenses associated with going back to school. You … [Read more...] about How to Not Go Broke If You’re Going Back to School: 6 Ways to Save Money
If you’re paying down student loans, you’re not alone. More than 40 million people are juggling an estimated $1.5 trillion in outstanding student loan debt. Among members of the class of 2017 who borrowed to attend college, student loan debt averages nearly $40,000. While it's certainly a … [Read more...] about Pay Off Student Loans Faster With These 5 Strategic Options
Unless you live under a rock, you know student loans are a major problem in our society. The average student loan debt for a 2016 graduate was over $37,000, according to CBS News . I had over $20,000 in student loan debt when I got my piece of paper – and that was almost 20 years ago. I remember … [Read more...] about SoFi Review: Save Money on Your Student Loans
I thought most people graduated college in four years, but according a New York Times article, only about 20 percent of full-time students earn a bachelors degree in four years. That means the cost of college is even higher than many may estimate coming out of high school. If you want to save money … [Read more...] about How to Save Money on College by Graduating a Semester Early
Public service student loan forgiveness sounds like a promising solution to some borrowers who don’t know how they’re going to pay back their student loan debt. However, over the years I’ve heard so much misinformation about student loan forgiveness that I don’t think it’s all it’s cracked up to … [Read more...] about Why Public Service Student Loan Forgiveness Might Not Work for You
An MBA has long been seen as one of the most valuable qualifications for people who want to hold senior positions and make a high income. Of course, getting an MBA has never been cheap. In the past, you may have had to take time out of your job and relocate to attend a college for a year or two, and … [Read more...] about Is an Online MBA A Worthwhile Investment If You Want to Boost Your Career Prospects?
Deciding where to go to college is a big decision. It's exciting and stressful all at the same time to figure out which school is right for you. With the soaring cost of higher education today, cost has to be a factor in any student's decision about where to continue his or her education. One option … [Read more...] about 4 Reasons You Should Go to a Community College First
How many of you actually gave serious consideration to how much student loan debt you'd graduate with before you attended college? I've shared how I tried to make college as inexpensive as possible, but I still wasn't 100 percent aware of just how much debt I'd be facing upon graduation, or how … [Read more...] about Advice for Students Worried About Student Loan Debt