After graduating from college nearly debt-free, I took out over $60,000 of student loans for graduate school. At the time, I felt a lot of shame around taking out loans, and because of that I didn't make a plan to deal with them. If I could give my former self some advice, it would be that it's OK to take out loans, but you need a plan — and that unless you grow your income, frugality can only go so far. Visit Business Insider's homepage for more stories.
After graduating from college nearly debt-free, I took out over $60,000 of student loans for graduate school. At the time, I felt a lot of shame around taking out loans, and because of that I didn't make a plan to deal with them. If I could give my former self some advice, it would be that it's OK to take out loans, but you need a plan — and that unless you grow your income, frugality can only go so far. Visit Business Insider's homepage for more stories.
Never just save your money! Yes...you heard it right. If you are not rich...banks make money by investing account-holders money...and while throwing you 1% - 5%. Hoard your money to invest in arbitrage situations that earn compound interest!
Goog option would send us directly to welfare