millennial – Page 3 – Student Debt Diaries

Working a Part-Time Job During College

March 25, 2019 Jordan RothmanEarning Extra Money

One of the best ways to minimize the amount of student debt one needs to borrow is to work a part-time job while in school. Working a part-time job during college or graduate school can reduce the amount of loans you need to borrow for living costs, and can be an enriching experience as well. Prior articles have discussed working a part-time job in law school and medical school, and it is of course beneficial… Continue Reading Working a Part-Time Job During College

How to Save Money as a Law Student

March 11, 2019 Jordan RothmanSaving Money

As many individuals are already aware, law school is extremely expensive. Indeed, people usually need to borrow hundreds of thousands of dollars in order to pay for tuition costs and living expenses while attending law school. Of course, saving money in law school allows one to borrow less money to earn a law degree, and will also mean that less interest will accrue on the debt one does borrow. As a result, saving money as… Continue Reading How to Save Money as a Law Student

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

Hold off on Spending Money for as Long as Possible

February 11, 2019 Jordan RothmanRepayment Strategies, Saving Money

Many articles on this website have already discussed various strategies that can be implemented to save money so that additional cash can be devoted to student loans. Most student debt borrowers already know how cutting expenses can help individuals repay their student loans early, and saving money is perhaps even more important that earning extra cash for a variety of reasons. However, if you need to spend money while repaying student loans, it is important… Continue Reading Hold off on Spending Money for as Long as Possible

How Much Student Debt Is Too Much?

February 4, 2019February 4, 2019 Jordan RothmanRepayment Strategies

Ever since I started Student Debt Diaries almost eighteen months ago, I have received hundreds of emails from individuals across the country. Many people want to know how they can earn extra money so that additional cash can be devoted to student loans. Other folks are interested in ways that they can cut expenses so that any savings can be used to pay down student debt. Numerous individuals have also asked me how much student… Continue Reading How Much Student Debt Is Too Much?

Living with Student Loans During Residency

January 31, 2019March 11, 2022 Adam RothmanGuest Articles, Repayment Strategies

For most people who want to achieve their higher education goals, student loans are a necessary evil. This is especially true for those who choose to attend any form of graduate school, where scholarship opportunities and financial aid are typically harder to find. During my four years of college and my four additional years of medical school, I certainly accrued a vast amount of student debt. I will admit that during those eight total years… Continue Reading Living with Student Loans During Residency

Saving Money on Clothes While Paying Off Student Loans

January 28, 2019 Jordan RothmanSaving Money

Saving Money on Clothes While Paying Off Loans

This website has already discussed a number of strategies that should be employed to save money so that additional cash can be devoted to student loans. Indeed, saving money requires that student debt borrowers adopt certain mindsets and cut expenses so that savings can be used to pay down student loans. As touched upon in a prior article, saving money on clothes while paying off loans can have a huge impact on the amount of… Continue Reading Saving Money on Clothes While Paying Off Student Loans

Taking a Vacation While Paying Off Student Loans

January 14, 2019 Jordan RothmanSaving Money

This website has already discussed a number of strategies that student debt borrowers can employ to save money so that additional cash can be devoted to student debt. As mentioned in a few prior articles, I saved cash during my student debt repayment saga by not taking vacations. Because I never planned a traditional vacation, I pocketed thousands of dollars on flights, hotels, and all of the other costs associated with going on a vacation,… Continue Reading Taking a Vacation While Paying Off Student Loans

Having Fun While Paying Off Student Loans

December 31, 2018January 6, 2019 Jordan RothmanRepayment Strategies, Saving Money

Paying off student loans requires a lot of sacrifice. As mentioned at length on this website, everyone hoping to pay off student loans early must typically cut expenses so that additional cash can be devoted to student debt. In addition, folks hoping to be free from student loans should also make extra money by working side-hustles. After reading all of the articles on this website, it might seem like having fun while paying off student… Continue Reading Having Fun While Paying Off Student Loans

Buying a Home Is Not Worth It in Many Situations

December 3, 2018 Jordan RothmanRepayment Strategies, Saving Money

During my student debt repayment saga, completely paying off my student loans was my number one financial goal. I wholeheartedly devoted myself toward my objective of paying off student loans, and I used a number of strategies to save money and earn extra cash so that additional funds could be devoted to this goal. Once I was finally done paying off my student loans, my biggest financial goal was purchasing a home of my own. … Continue Reading Buying a Home Is Not Worth It in Many Situations