credit Archives - Page 5 of 8 - Student Debt Diaries

Job Perks that Can Help You Pay Off Student Loans

October 21, 2019 Jordan RothmanRepayment Strategies, Saving Money

This website has already discussed how certain jobs can help individuals pay off their student loans. Indeed, some jobs offer bonuses to employees who work harder or originate business, and certain employers even pay for school or have debt-repayment benefits. However, there are other job perks that can help you pay off student loans, and student debt borrowers should look for employment that can impact their bottom lines on multiple levels. As previously discussed, the… Continue Reading Job Perks that Can Help You Pay Off Student Loans

Credit Cards Can Help You Pay Off Student Loans

September 30, 2019 Jordan RothmanRepayment Strategies, Saving Money

Everyone knows that in order to pay off student loans, you need to cut expenses so that additional cash can be devoted to student debt. One way to do this is to minimize your use of credit cards so you do not spend money unnecessarily and rack up additional debt. As mentioned previously on this website, I did not apply for a credit card until later in my student debt repayment journey, so I could… Continue Reading Credit Cards Can Help You Pay Off Student Loans

Keep the Standard Repayment Plan

September 2, 2019 Jordan RothmanRepayment Strategies, Saving Money

As many student debt borrowers already know, individuals have many repayment options when paying off their student debt. Some repayment plans increase the monthly payment amount over time, and this may be helpful, since borrowers usually earn more money over the course of their careers. Other repayment options allow borrowers to pay off their student loans over different time periods, usually between ten to twenty years. Of course, the more time an individual has to… Continue Reading Keep the Standard Repayment Plan

Finding Jobs That Pay Student Loans

August 19, 2019 Jordan RothmanEarning Extra Money, Repayment Strategies

This website has already discussed how certain jobs can have a major impact on your student debt burden. Indeed, some jobs increase the amount of money that you may have to pay off student debt, and other positions, like those in the military, offer educational assistance. However, you do not need to join the armed services to find jobs that pay student loans. There are a number of public service roles that offer educational assistance… Continue Reading Finding Jobs That Pay Student Loans

Bartering While Paying Off Student Loans

July 29, 2019 Jordan RothmanEarning Extra Money, Saving Money

This website has already discussed a number of ways that individuals can save money while paying off student loans. Indeed, student debt borrowers can institute a number of strategies to cut expenses so that the most money possible can be devoted to paying down debt. Bartering while paying off student loans is another excellent way to save money. As many people already know, bartering involves exchanging goods or services for the goods or services offered… Continue Reading Bartering While Paying Off Student Loans

Using Student Loans for Other Purposes

July 22, 2019 Jordan RothmanRepayment Strategies, Saving Money

As this website has already discussed, individuals should do everything they can to minimize the amount of student loans they borrow. This is because student loans typically have high interest rates and can be an impediment to achieving a number of financial goals. However, individuals are usually allowed to borrow student debt for living costs in additional to educational expenses. Indeed, many schools typically issue students a check containing funds that are supposed to be… Continue Reading Using Student Loans for Other Purposes

Reusing Things to Save Money While Paying Off Student Loans

June 17, 2019June 29, 2019 Jordan RothmanSaving Money

This website has already published a number of articles about saving money so that additional cash can be devoted to student loans. Although many people are most interested in the articles on this website about earning income from side-hustles, it is actually more important to save money. As previously discussed, this is because taxes must be paid on any additional money you make. From my own personal experiences, reusing things to save money is one… Continue Reading Reusing Things to Save Money While Paying Off Student Loans

Student Debt Repayment Gets Easier Over Time

April 29, 2019 Jordan RothmanRepayment Strategies

Student debt repayment can seem like a daunting challenge. Indeed, someone who is about to graduate from school, and looks at the amount of student loans they have racked up over years, may wonder how they will ever pay off this debt. Student loans can be especially daunting for recent graduates who do not yet have employment lined up, and otherwise do not have a plan for repaying their student loans. However, student debt repayment… Continue Reading Student Debt Repayment Gets Easier Over Time

Making Big Purchases While Paying Off Student Loans

April 22, 2019 Jordan RothmanRepayment Strategies, Saving Money

Paying off student loans can financially strain even the most frugal and cost-conscious of borrowers. Indeed, making monthly student debt payments can drain a borrower’s financial resources so that individuals cannot save money or devote funds to purposes other than debt repayment. This financial rigidity can also make it difficulty to deal with a life emergency or to purchase major items that all of us need to buy at some point or another. However, making… Continue Reading Making Big Purchases While Paying Off Student Loans

Starting a Business While Paying Off Student Loans

March 4, 2019 Jordan RothmanRepayment Strategies, Saving Money

Several prior articles on this website have already discussed how student loans can impede student debt borrowers from achieving numerous goals in life. Indeed, student loans can make it difficult to buy a home, save for retirement, and accomplish many other objectives. In addition, starting a business while paying off student loans is extremely difficult for a variety of reasons. As numerous student loan borrowers are already aware, student debt impacts the amount of capital… Continue Reading Starting a Business While Paying Off Student Loans