Getting Late Fees Waived – How Far Do You Go?

By |August 2nd, 2011|Categories: Blog, Personal Finance Tips|Tags: , , , , |

I had a rather unpleasant email from one of my student loan providers, MOHELA, in my inbox when I woke up this morning. We have not heard from you to assist in resolving your account status, and your account remains past due. Wow. That's news to me. Considering the fact that my student loan account is set up for automatic

Don’t Pay Off Your Student Loans!

By |July 26th, 2011|Categories: Blog, Personal Finance Tips|Tags: , |

Now that we all know that Good Debt exists, I want to talk about the best debt in the world: Student Loans! I strongly suggest never paying off student loan debt that has a 5% or lower APR because it just doesn't make good financial sense. Paying off a loan doesn't increase your net worth by a single penny; it

Defer Student Loans Instead of Paying Them

By |June 28th, 2011|Categories: Blog, Personal Finance Tips|Tags: , |

College is expensive. Unless you have rich, generous parents, you got the right scholarships, or you married for college money, you probably have or had student loan debt. If you still have student loans then your payments could be breaking your budget. Maybe your job doesn't pay enough or the monthly payments are just too high. You don't want to

Get Married for College Money

By |May 27th, 2011|Categories: Blog, Personal Finance Tips|Tags: , , , |

High school kids who need money for college spend hours upon hours filling out forms and writing essays to earn scholarships. Little do they know that the only thing they really need to submit is a marriage license form. I got this crazy marriage idea from one of my favorite bloggers, Paula, at Afford Anything. Paula started her blog just

A Great Way to Defer Student Loans for Two Years

By |February 10th, 2011|Categories: Blog, Personal Finance Tips|Tags: , |

For people who recently graduated college and haven't found a job yet, they may be facing a double-whammy of being unemployment and student loan payments they can't afford. Many people in this situation have decided to move home and live with mom and dad while they wait for the economy to improve and work a part-time job they never intend