car Archives - Student Debt Diaries

Car Loans Are Different From Student Loans

August 23, 2021 Jordan RothmanRepayment Strategies

After borrowing student debt, I did not want to borrow money for anything else I needed in life. I was able to overcome this aversion to debt when buying a home, and I took out a mortgage to purchase a condo several years ago. More recently, I purchased a car, and I had an extreme aversion to borrowing money to purchase this vehicle. However, car loans are different from student loans, and student debt borrowers… Continue Reading Car Loans Are Different From Student Loans

Having a Car While Paying Off Student Loans

October 29, 2018 Jordan RothmanSaving Money

This website has already discussed numerous strategies that can be used to save money so that additional cash can be devoted to student debt. As previously mentioned, living at home is a viable cash-saving tactic for many student debt borrowers, and there are a variety of mindsets that can be employed to cut expenses. Although many people need cars for their daily lives, having a car while paying off student loans might be an unnecessary… Continue Reading Having a Car While Paying Off Student Loans