Showing posts with label loan. Show all posts
Showing posts with label loan. Show all posts

Friday, August 8, 2014

Financial Freedom


I want to take a moment here to defend the Millionaire Mindset that I've described before. The point of this approach is to be satisfied with having a few nice things that you can truly afford, guilt-free!

Saturday, July 5, 2014

A new perspective on student loans

A Yahoo! finance article (link at end of this post) describes a pretty clever way to picture your student loan debt. Rather than some relatively large, abstract figure like $20,000; think of it in terms of what your monthly payments will be when you graduate.

"Old Economy Steve" may give you advice that was fine for his generation, but not so good for yours

Thursday, June 5, 2014

Helpful links, 6/5/14

I've included a roundup of good articles relating to money management for young people, obviously with a focus on college students--in line with the purpose of this blog.

"How to live on $20,000 per year."
This is a great illustration of living below your means, as I advocate in The Millionaire Mindset, but it doesn't necessarily apply to current college students.
https://thecollegeinvestor.com/12961/live-20000-per-year/?utm_campaign=coschedule&utm_source=twitter&utm_medium=CollegeInvestin&utm_content=How%20to%20Live%20on%20$20,000%20Per%20Year

"Before I Knew, I Bought It New."
A great post on the virtues of buying used.
http://cashcowcouple.com/life-lessons/bought-it-new/

"Financial Independence and the College Lifestyle"
This is a post on how difficult it can be to establish yourself as an independent (in the government's eyes, for financial aid purposes). Very apropos for a lot of college students wondering how to make ends meet.
http://www.modestmoney.com/financial-independence-college-lifestyle/

"What Americans Don't Know About Student Loans: A Lot"
An article describing what people don't know about student loan debt. What you don't know CAN hurt you! Be informed!
http://www.businessweek.com/articles/2014-06-05/what-americans-dont-know-about-student-loans-a-lot#r=read

"Top 3 Ways to Make Your Money Work for You"
This post describes how rich people approach money. Once you have money, it can be leveraged into various types of investments that earn you more money--so think of money (if and when you have some) as a tool.
http://moneyfor20s.about.com/od/makethemostofyourmoney/tp/3-Ways-to-Manage-Your-Money.htm?utm_source=facebook_sp&utm_medium=sm&utm_campaign=shareurlbuttons

"Life After Graduation--Advice to My Past Self 5 Years Later"
A brief, thoughtful look at what the writer thought she should have done differently after graduating college.
http://momoneymohouses.com/life-after-graduation-advice-past-self-5-years-later/

Any other suggestions? Let me know in the comments below, and it'll make my next "Helpful links" post!