Student loan debt, side hustles, the rental market, and general personal finance advice – all very interesting topics, and definitely quality posts for you, my astute reader. Sit back, relax, and learn how to improve your financial life via these four quick reads.
5 Grads Share Their Extreme Student Loan Payoff Stories
– by Credit Sesame – Did you realize that some student loans are set up so that you’ll be paying on them for 25-30 years?! By making the minimum payments on these loans, you’ll end up paying way more than you borrowed, AND you’ll likely struggle for much of your life because of your reduced cash flow. If you have student debt, pay it off ASAP. You’ll never regret you did.
5 Ways to Make Enough Money on the Side to Quit Your Day Job
– by Business Insider – I love my job and don’t plan on quitting any time soon, but oddly enough, I’m doing 4 out of the 5 things this article recommends! Are you looking to get out of your job? Follow the advice of this post and you’ll soon have the funds to do it!
Renters Still Aren’t Buying
– by Bankrate – Liz and I are in the middle of fixing up a house that we’re going to rent out. Fortunately for us, rents are on the rise and many people have no intention of buying any time soon. But why don’t they? Quite frankly, they just don’t want to. There are fears around a market collapse, some want to remain mobile, and still others just don’t want to put the effort into saving up a down-payment.
24 Ways to Improve Your Finances This Year
– by Business Insider – Out of the 24, probably half of the suggestions are common sense, but sometimes that’s just what some of us need. Do all of these things and you’ll probably be a millionaire in 10 years or less!
What did you learn today? Which article was your favorite?
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.