Strategies That Helped Me Pay Off $27K in Student Loans

Strategies That Helped Me Pay Off $27K in Student Loans Debt is a fact of life for many women in America including me. I am a 28-year-old millennial who lives in a New York City suburb with my husband. Over the past three years, we watched a lot of money fly out of our pockets. We got married, bought a house, and completed six-figures worth of home renovation projects all while I had student loan debt hanging over my head.According to Deeper in Debt Women and Student Loans, a report by the American Association of University Women, women hold nearly two-thirds of the outstanding student debt in the United States. The report points out that more women are enrolled in higher education than men and that women take out larger sums of student loans. And, as a result of the gender pay gap, it takes women more time to pay back these loans. Hence, student debt is a womens issue.The good news is you can and will pay off your student loans. I am the prime example. I had $19,000 in student debt when I graduated with my bachelors degree. Three years later, I took an additional $8,000 loan to aid paying for my masters degree. I paid off these loans in six years. Here are the four basic principles I followed1.Begin Payments Right AwayMy loans had a six-month grace period, which means I didnt have to begin paying them until six months after graduation. To be candid, I decided to live a little during those months, buying new clothes for my first real world job and socializing with friends. Nonetheless, I started making payments as soon as they were due, and I made sure never to miss a payment.2.Be Honest With YourselfWhen youre paying off debt, you have to make sacrifices and live a frugal lifestyle. There were several months I couldnt leisurely spend money. I had to strategize with my husband on how much I could contribute to our bills and savings. I took a modest approach to gift giving on birthdays and holidays. Setting expectations helped me avoid stress and guilt trips.3. Contribute More Than the MinimumAt first I only paid the nadir amount due each month. While I was living rent-free at my parents house (another sacrifice), I realized the opportunity I had to increase my payments. Depending on the month, I paid anywhere from $220 to $1,000. The more you pay, the faster youll pay back the loans.4.Only Pay What You Can AffordWhen I opened my first credit card account at age 18, my father taught me only to buy what I could afford at the time the bill is due. This is why I never used a credit card to make a loan payment. A student loan is good debt, while a credit card is bad debt. I was more comfortable making payments with money I had than risking credit card debt. By taking this approach, I paid down one fasson of debt without developing another.--Kristen Farrell is a professional communicator who previously worked in human resources. She shares career lessons and everyday experiences on her blog kristen-farrell.com. When shes not writing, youll find her running, crafting, or spending time with her husband, Jonathan and cat, Trotsky.

Unusual Article Uncovers the Deceptive Practices of Resume Writing Active Verbs Examples

Unusual Article Uncovers the Deceptive Practices of Resume Writing Active Verbs Examples What Everybody Dislikes About Resume Writing Active Verbs Examples and Why Describing the outcome At the close of the statement that youll need to explain what the results of your actions was and why they were successful. The 2 sections also utilize different bullet point styles. Youre certain to get quite a few great suggestions. So if you would like resume help, you will need some good resume examples. You simply get one chance to catch the interest of your possible employer. The resume sample has a strong ability to keep a readers interest over the span of the full document. Everyone can say theyre an excellent employee, but very few people may show it. In the event youve prepared your thesis, we provide the security internet in your case. In the remainder of the statement you must also explain what resources you had to use and what responsibilities you took on as a way to comple te the job. The keywords in your resume can help you get selected for a work interview. Sprinkle the right buzzwords into your resume and cover letter to demonstrate that youre a component of the business. In describing your responsibilities at work, be specific and utilize active verbs. You may want to look at using passive voice when you dont wish to take credit for a significant accomplishment by yourself and explaining your involvement or contribution to the achievement isnt warranted. You need your resume to clearly demonstrate that you are responsible for your own career and you take the reins. Make certain that it is ticked on. A good example is if youre only one cog in the wheel for the department, but you wish to express the larger departments accomplishments. The Nuiances of Resume Writing Active Verbs Examples Make sure that your story has lots of action through your resume wording. Subjective terms and cliches are viewed as negative since they dont convey rea l info. If it doesnt make sense, its active. In case it makes sense with the addition, its passive. The Resume Writing Active Verbs Examples Cover Up Its simple to make certain youre writing with active verbs. Be certain to be thoughtful once you use action verbs. Action verbs show your capability to succeed. The most suitable action verbs also eliminate the demand for adverbs, and in some instances, adjectives. Its no good showcasing your capacity to work with children if youre applying for the job of a technical advisor in an IT firm. It is insufficient to have shown that youve got relevant experience. Ladders best resume templates are certain to offer you an advantage in your job search. Take into consideration your previous work experience and begin playing madlibs.