BLOG

Rewrite Your Self-Sabotaging Narrative Around Money

Rewrite Your Self-Sabotaging Narrative Around Money

Wealthy people don’t talk about the money they have because they are aware of the backlash that will follow. They are acutely aware that if they speak about how much better-flying business class is than economy, how it feels to pay someone for performing quality work that helps you get ahead, and the sense of prideRead more about Rewrite Your Self-Sabotaging Narrative Around Money[…]

In High Student Debt and Think You Can’t Afford a House? You May Be Wrong.

In High Student Debt and Think You Can’t Afford a House? You May Be Wrong.

I can acutely remember a time when I believed home ownership was a luxury that people like me in high student debt could not afford. (I also felt this way about weddings, kids, and pretty much anything nice/somewhat expensive). I thought “normal” adulthood experiences were off-limits to me, as a punishment for taking on tooRead more about In High Student Debt and Think You Can’t Afford a House? You May Be Wrong.[…]

3 Steps to Credit Repair So You Can Refinance Your Student Loan

3 Steps to Credit Repair So You Can Refinance Your Student Loan

Student loan refinancing generally takes two things into consideration, income and credit score. This blog is about repairing your credit so you can refinance your loans. The first time I applied to refinance my high student debt, I owed $386,000, was making $76,000 per year, and had a credit score in the high 600’s. Everyone rejectedRead more about 3 Steps to Credit Repair So You Can Refinance Your Student Loan[…]

Trump Administration Hikes Fees on Struggling Borrowers

Trump Administration Hikes Fees on Struggling Borrowers

Last week, a report by the Consumer Federation of America showed that 1.1 million people in the U.S. defaulted on a federal student loan in 2016, and Americans are now in default on $137 billion in federal student loans. In response, the Trump administration passed this week a policy to hike fees on defaulted loans, making itRead more about Trump Administration Hikes Fees on Struggling Borrowers[…]

5 Ways to Rebel Against Conventional Wisdom Around Paying Down Six-Figure Debt

5 Ways to Rebel Against Conventional Wisdom Around Paying Down Six-Figure Debt

To paraphrase poet Mary Oliver, this is your one precious life. How are you going to live it? As conventional wisdom would have it, anyone in six figure student loan debt really has no choice on how to live their lives. The debt is a death sentence, and you have no choice but to buckleRead more about 5 Ways to Rebel Against Conventional Wisdom Around Paying Down Six-Figure Debt[…]

Speak Now or Forever Hold Your Peace: On Debt and Love

Speak Now or Forever Hold Your Peace: On Debt and Love

The New York Times ran a story not too long ago about one woman’s high student debt and her engagement. “When Allison Brooke Eastman’s fiancé found out four months ago just how high her student loan debt was, he had a particularly strong reaction: he broke off the engagement within three days. Early on inRead more about Speak Now or Forever Hold Your Peace: On Debt and Love[…]

“Having Money Is Bad”, and Other Debt-Enhancing Myths

“Having Money Is Bad”, and Other Debt-Enhancing Myths

Google quotations about wealth and the following phrases pop up: Where wealth accumulates, men decay. –Oliver Goldsmith Much wealth brings many enemies. –Swahili proverb Wealth consists not in having great possessions, but in having few wants. –Epictetus Attitudes that decry the wealthy and laud the poor are pervasive in today’s society, but are they necessary?Read more about “Having Money Is Bad”, and Other Debt-Enhancing Myths[…]

The Right Way to Make a New Year’s Resolution Around Your Debt

The Right Way to Make a New Year’s Resolution Around Your Debt

You can resolve in 2017 to pay down your student debt, but if nothing changes in your attitude or income, you’ll be one of the 92 percent of people who do not stick to their New Year’s Resolution. Scranton researchers as reported by Forbes.com suggest that two key factors are essential for New Year resolution success: Keep itRead more about The Right Way to Make a New Year’s Resolution Around Your Debt[…]