invest Archives - Student Debt Diaries

Dealing with Inflation

December 6, 2021December 6, 2021 Jordan RothmanRepayment Strategies

As many people might have heard on the news recently, the United States, and indeed much of the globe, is experiencing the worst inflation in decades. For those who may not know, inflation is when prices of goods and services increase. COVID-19 is making it more difficult to ship goods, and the scarcity of goods along with pressures in the job market are increasing prices. Everyone needs to contend with inflation since it seems like… Continue Reading Dealing with Inflation

Invest Available Money Whenever Possible

February 10, 2020February 10, 2020 Jordan RothmanRepayment Strategies, Saving Money

This website has previously discussed how student debt borrowers, and pretty much everyone else, should save money for emergencies. It is important to have some cash stashed away in case you are laid off, face medical issues, or experience a number of other problems in your life. Most experts advise individuals to put six months of living expenses aside for emergencies, but this does not all need to be in cash. Indeed, individuals should invest… Continue Reading Invest Available Money Whenever Possible

Life Insurance Can Help Children with Student Loans

October 1, 2018October 6, 2018 Jordan RothmanAdvice for Parents

Nobody wants to think about what will happen to loved ones after they pass away. Many of us have already endured the death of a family member, and we are very familiar with the financial and emotional stress that arises after a relative dies. For individuals with student loans, the passing of a parent or other family member can cause additional financial issues, since student loan borrowers might have difficulty paying for final expenses while… Continue Reading Life Insurance Can Help Children with Student Loans

Be Financially Responsible After Paying Off Student Loans

September 17, 2018 Jordan RothmanSaving Money

Be Financially Responsible After Paying Off Loans

While repaying student loans, it is easy to think that paying off student debt will cure most of your financial problems. Indeed, many student loan borrowers devote a large amount of their incomes each month to student loans, and directing these funds to other purposes can improve one’s life. However, there are many reasons why you should be financially responsible after paying off loans, and continue to live a frugal lifestyle even when you no… Continue Reading Be Financially Responsible After Paying Off Student Loans

How to Decide If You Should Invest Available Money or Pay Off Student Loans Early

March 12, 2018 Jordan RothmanRepayment Strategies, Student Loan Repayment Guide

Invest Free Money or Pay Off Student Loans

This website has already discussed certain situations in which it does not make sense to pay off student loans early. In addition, the website has also explained how sometimes it is not wise to pay off student loans even though you may have money available to devote to student debt. Of course, if you can make more money investing cash than the interest that would be offset from paying off student loans early, it is… Continue Reading How to Decide If You Should Invest Available Money or Pay Off Student Loans Early