side hustle Archives - Page 4 of 5 - Student Debt Diaries

How to Decide If Income-Driven Repayment Plans Are Right for You

February 26, 2018June 13, 2018 Jordan RothmanRepayment Strategies, Student Loan Repayment Guide

This website has already discussed ways that individuals can pay off their student loans early by earning extra money and cutting expenses to save additional cash. However, for many student debt borrowers, it might not make sense to pay off student loans early. Indeed, the availability of income-driven repayment plans means that individuals can eventually have their student debt forgiven after a period of timely payments. I never seriously considered income-driven repayment plans during my… Continue Reading How to Decide If Income-Driven Repayment Plans Are Right for You

An Introduction to Adam’s Student Debt Story

February 22, 2018March 11, 2022 Adam RothmanGuest Articles, Introductory Articles

For those of you who do not know me, my name is Adam, and I am one of Jordan’s brothers. Like Jordan, I borrowed student loans to earn my undergraduate and graduate degrees. After eight years of college and medical school, I definitely accumulated my fair share of student debt. While my brother Jordan was able to eliminate all of his student debt in a few short years through strategies discussed on this website (yay… Continue Reading An Introduction to Adam’s Student Debt Story

How to Decide Which Student Loans to Pay Off First

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

This website has already discussed methods that can be used to minimize expenses and save extra money. This website has also included strategies that anyone can use in order to make additional cash through side-hustles. If you follow this advice, hopefully you will be able to pay more than the minimum amounts due on your student debt, and you will then have to decide which student loans to pay off first. Before paying off certain… Continue Reading How to Decide Which Student Loans to Pay Off First

How to Buy a Home While Paying Off Student Loans

January 29, 2018January 29, 2018 Jordan RothmanRepayment Strategies, Student Loan Repayment Guide

As has been previously discussed on this website, it can be extremely difficult to work toward a variety of financial goals while paying off student loans. Indeed, student debt limits the amount of resources borrowers can devote to certain financial objectives, since student debt consumes cash that might be dedicated to other goals. Even though it might be advantageous to make certain financial decisions, like buying a home, it can be difficult to save extra… Continue Reading How to Buy a Home While Paying Off Student Loans

How to Build an Emergency Fund While Paying Off Student Loans

January 22, 2018 Jordan RothmanRepayment Strategies, Student Loan Repayment Guide

While living with student loans, it can be very difficult to save money. Indeed, student debt drains cash that can be used to achieve other financial objectives, and since student loans usually have insanely high interest rates, it might seem unwise to save extra money for an emergency fund. However, everyone should establish a “rainy day” fund no matter how much student debt you have. All of us will face tough times during our lives… Continue Reading How to Build an Emergency Fund While Paying Off Student Loans

Introduction to Repayment Strategies: How to Best Pay Off Student Loans

January 15, 2018May 27, 2018 Jordan RothmanRepayment Strategies, Student Loan Repayment Guide

Debt being erased through repayment strategies

This website has already discussed strategies that anyone can use to save more money to devote additional cash to student loans. In addition, the blog has also detailed how anyone can earn extra money from side-hustles so that additional cash can be used to pay down student debt. However, student loan success requires more than simply saving money and earning extra cash. Indeed, once you have additional money available to pay off student loans, you… Continue Reading Introduction to Repayment Strategies: How to Best Pay Off Student Loans

Resources You Can Buy to Make More Money from Side-Hustles

January 8, 2018 Jordan RothmanEarning Extra Money, Student Loan Repayment Guide

Everyone has probably heard the expression “it takes money to make money” at some point in their lives. While working side-hustles to pay off student loans, it is also true that you need to invest money on certain resources in order to earn the most cash possible from part-time gigs. However, it can be very difficult to part with your hard-earned money when buying things to increase the amount of cash you earn from side-hustles.… Continue Reading Resources You Can Buy to Make More Money from Side-Hustles

How to Pursue Side-Hustles While Working a Full-Time Main Job

January 1, 2018 Jordan RothmanEarning Extra Money, Student Loan Repayment Guide

Boss Balancing Side-Hustles with Main Job

Many readers of this website likely have a full-time main job that takes up a majority of their time and energy. In our modern economy, many jobs do not simply have a “9 to 5” commitment, and instead require us to work nights and weekends when we would traditionally have off. As such, it can oftentimes be difficult to manage the responsibilities of a main job while working side-hustles. However, if you keep a few… Continue Reading How to Pursue Side-Hustles While Working a Full-Time Main Job

How to Deal with Stress While Working Side-Hustles to Pay Off Student Loans

December 25, 2017December 25, 2017 Jordan RothmanEarning Extra Money, Student Loan Repayment Guide

Working side-hustles is not easy. Not only is it difficult to find the time to pursue part-time gigs, but working side-hustles can also be extremely stressful. People depend on free time to relax and unwind from the stresses we encounter in our everyday lives. As a result, if you use free time to pursue part-time gigs, it is very easy to become overwhelmed with stress. As I previously mentioned on this website, during my own… Continue Reading How to Deal with Stress While Working Side-Hustles to Pay Off Student Loans

Dealing with Tax Issues from Working Side-Hustles to Pay Off Student Loans

December 18, 2017 Jordan RothmanEarning Extra Money, Student Loan Repayment Guide

It feels absolutely great to work side-hustles. Receiving money from multiple income streams is empowering, and watching your bank account balance increase from side-hustles can be extremely gratifying. One could easily reason that all of the money earned from side-hustles can be used to pay down student debt, especially since most side-hustles do not withhold any money for the “tax man.” However, sooner or later tax authorities will get a good share of all the… Continue Reading Dealing with Tax Issues from Working Side-Hustles to Pay Off Student Loans