Student loan debt can be a real drag on your finances. In a recent study, 47% of those surveyed reported that they’d put off starting their own business because of their student loan debt. Predictably, 62% of respondents said student debt imposed on their personal budget. With the national student loan debt reaching $1.4 trillion, it’s … Continue reading 6 Strategies for Paying Back Private and Federal Student Loans
There is all sorts of advice out there on how to manage your finances, but it all boils down to a few basics. Whether you’re investing, refinancing your student loans, or paying down credit card debt, use these methods in order to make the most of your money and your time. Create a … Continue reading Managing Finances in Your 20s
All types of working professionals refinance their student loans, but we tend to see one type frequently – lawyers. The average law school graduate may have a good job waiting for them but they also have a mountain of debt to pay off. Law school is notoriously expensive with the price tag averaging $97K. For this … Continue reading Refinancing Your Law School Loans
“Just consolidate them.” When Cecily Ferris, a lawyer from Columbus, Ohio, asked how to begin repaying her student loans, those were the three words of advice she received. “It can feel like you’re never going to get out from under them, but [a plan] helps.” With law school in the six-figure range, now is … Continue reading Stop Deliberating and Start Refinancing Student Loans
The right time to ask for a promotion Recently a friend of mine (who is a delivery driver for a reputable distributor) came over for dinner and couldn’t stop complaining about his job: “I work twice as hard – and get half as much – as the salesmen and he gets the promotion.” He went … Continue reading Career Focus: Asking for a Promotion
Snowball vs. Avalanche Method Student Loan Refinancing at Your Speed Taking the “next step in life” puts a lot more on your plate. You’re; getting a new car, upgrading your home, having a baby, and of course you still have student loans… and it’s costing real money. Having a good line of credit can … Continue reading Paying Down your Debt, which method do you use?