For Sarah Pool from Staunton, Virginia, the investment in grad school hasn't quite panned out yet. In fact, far from it.
Pool graduated from Mary Baldwin University with a Master’s degree in education—and $60,000 in student debt. In the three years since she graduated, she’s never missed a payment. Even so, her debt has increased to $69,000.
If owning a house is a big part of your idea of success, you’re not alone. For decades, homeownership has been sold to us as an important part of the American dream. We’re all supposed to want one.
But these days, buying a house isn’t as easy as it once was. And it’s not always such a great deal, either. Here are some myths we’ve been fed that may not be true across the board anymore, if they ever were.
If you just graduated medical school and are already stressing out over your loans, you’re not alone. Approximately 83% of newly-minted doctors graduate with more than $100,000 in debt. A lot more. The average graduate carries about $192,000 in student loans.
If you’re carrying that level of debt, you might assume you’ll be paying it off well into retirement. But, believe it or not, it doesn't have to be that way. Here are a few ways doctors get rid of their student loans fast—sometimes in as little as a few years.
Let's face it--nobody loves their job all the time, even those lucky enough to be working their dream gig. But let's say you're pretty far from that scenario. When should you tough it out—and when should you walk away?
There's no shame in quitting a job that isn't getting you where you want to be, or one that is actively toxic. Here are some questions you should ask yourself before you walk out the door for good.
A lot of things change when you have a child. Including your finances.
Even if your pre-baby financial life was solid, having a small human dependent on you means that you’ll have to rethink a few things. You’ll need to put a strong financial foundation in place to support the newest member of your family.
Telecommuting isn’t as rare as it used to be, especially now that older millennials are moving into management positions. Growing up with the internet at their fingertips, these managers know that you can get just as much work done at home as in the office—if not more.
But remote work isn’t on every boss’s radar—and some still don’t trust the idea that your quiet home office can be more conducive to concentration than their loud, echoey open office plan.
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