I paid off my student loans 7 years early after calling my servicer - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

An extra $10 a month seemed like such a drop in the bucket, but I decided to call my student loan provider to see how much of a difference it would really make

. That may seem like pennies to some, but I wasn't exactly rolling in dough. As an entry-level newspaper reporter, $28,000 was also my starting salary.

I wanted to become debt-free as quickly as possible, and that moment changed how I started to approach money. It made me realize that how I spent my money, even just a few dollars, could alter my future for the better.After this revelation, I felt in control of my finances for the first time since graduating college. Instead of a prison, my debt felt like a weight that was slowing me down — and I finally understood how to lighten the load.

That $10 sparked a lot of little changes, but most importantly it made me realize what was actually worth paying for. Back then, it wasWhen I got a new job, I added the salary increase to my student loans. A year later, I moved in with my boyfriend and a mutual friend. By then, I was putting 50% of my take-home pay toward my debt. Three years after my first student loan payment, I became debt-free.After I saw what a difference $10 could make, I was determined to scrimp and save anywhere I could.

My money obsession started to make me miserable. I refused to even buy things I knew would make me happy, like a gym membership or art classes. I wasI also avoided doing things with friends, like going out for drinks or seeing a concert. When anyone wanted to hang out, I would push for cheap activities or not join them.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

this is what Zim treasury needs to do and think like! MthuliNcube edmnangagwa you have local debt you are all MIGAd out in IMF World Bank and God knows what else as a nation. Just think if only 1 VP if less international trips just for a year! InfoMinZW MinisterSBMoyo

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

I paid off my student loans 7 years early after calling my servicer - Business InsiderI graduated college with $28,000 in student loans. My minimum student loan payment was $350 a month, which was 20% of my take-home pay.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

My student loans ballooned by $46,000, but I'm not sorry - Business InsiderAbout 20 years post-undergrad, it's clear to me that my loans grew from a combination of my poor financial decision-making and a high interest rate CAN'T FIX STUPID. “I invested in my education, which is priceless both in terms of what I learned and the friends I made. “....sums up the student loan debt crisis very well Well, you're an idiot, sorry. Community College system in Ohio is great as I attended Sinclair CC in Dayton and transferred to Santa Barbara City College then got accepted to UC Berkeley while utilizing my GI Bill. Anybody can do 2-years at community college and transfer in-state
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Verizon highlights 5G drone opportunity - Business Insider - Business InsiderVerizon thinks drones present a growth opportunity for its budding 5G network and aims to be the first carrier to connect 1 million 5G drones flights. THIS WILL MAKE THE WORLD SO MUCH BETTER WHAT COULD GO WRONG? TMobile already has it implemented. verizon screwed too many consumers. Lost to the leader TMobile. Now trying all kinds of stupid 'pie in the sky' ideas. Can't screw the consumer f'ever! LOSER! How about providing consistent coverage to your current customers
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Early 2020 credit cards checklist: How to decide which to keep - Business InsiderTo evaluate my credit card strategy each year, I look at any changes to my credit cards' benefits and annual fees I don't see the relationship between credit card strategies and this image. They are the devil's instrument designed to trap people into slave like debt servitude. No one can justify usurious interest rates for the sake of ‘convenience’.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »