resources Archives - Page 7 of 8 - Student Debt Diaries

Investing to Pay Off Student Loans

November 4, 2019 Jordan RothmanRepayment Strategies, Saving Money

This website has already discussed how earning extra money is critical to paying off student loans. The more money you have, the more resources you possess at your disposal to take care of living expenses and devote money to student debt. Prior articles have discussed how individuals can work a number of side-hustles to earn extra money, and part-time work can increase the amount of money you have to pay off debt. However, if you… Continue Reading Investing to Pay Off Student Loans

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

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

Losing Your Job While Repaying Student Loans

July 15, 2019 Jordan RothmanRepayment Strategies, Saving Money

Being laid off is an extremely difficult experience. Indeed, getting laid off can impact someone on an emotional level, and has a number of financial consequences as well. In addition, losing your job while repaying student loans can can be extremely difficult, since student debt borrowers typically need to repay debt on top of living expenses. However, if you keep a few things in mind, losing your job while repaying student loans can be much… Continue Reading Losing Your Job While Repaying Student Loans

Dating While Paying Off Student Loans

June 24, 2019June 29, 2019 Jordan RothmanRepayment Strategies, Saving Money

This website has already discussed how student loans can affect many parts of one’s life. Indeed, student debt can impact a borrower’s personal relationships, and can affect the amount of money someone has to pursue a number of social activities. In addition, student debt can also impact one’s romantic relationships, both because it might be difficult to connect with people who do not have student loans, and dating can drain resources that can be used… Continue Reading Dating While Paying Off Student Loans

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

Being Cheap Can Cost You Money in the Long Run

November 12, 2018 Jordan RothmanRepayment Strategies, Saving Money

Everyone who reads this website is likely very aware that I am a huge proponent of eliminating expenses so that additional cash can be devoted to student debt. And it is true that saving money is as integral part of any strategy to pay off student loans. However, based on my own personal experiences, sometimes being cheap can cost you money. It might sound counter-intuitive that frugality can actually lead you to spend more money.… Continue Reading Being Cheap Can Cost You Money in the Long Run

A Dollar Saved Is Better Than a Dollar Earned

October 15, 2018 Jordan RothmanSaving Money

We have all probably heard the expression “a dollar is saved is a dollar earned” at one point or another during our lifetimes. And it is true that if you spend less money on unnecessary things, you will have more cash to devote to paying off student debt or achieving other life goals. Although saving money is an extremely important part of repaying student debt, many readers of this website are more interested in earning… Continue Reading A Dollar Saved Is Better Than a Dollar Earned

Fighting Against the Student Loan Scammers

June 21, 2018March 11, 2022 Adam RothmanGuest Articles, Repayment Strategies

Student loans are no joke. For those who rely on them to complete their education, these loans can soon become significant burdens. Monthly student loan payments often represent large portions of people’s discretionary incomes, and may prevent recent graduates from making key life decisions due to financial instability (marriage, children, homeownership…the list goes on). While cosigners can sometimes ease the burdens on student loan borrowers, they can also create a whole other set of problems… Continue Reading Fighting Against the Student Loan Scammers