Thanks to a variety of personal finance and side hustle podcasts, I have been motivated more than ever to pay off my student loan debt. In my 20s I defaulted on my student loans and I have been paying the price on that mistake ever since. I am now on pace to pay off my student loans a month ahead of my personal goal and pay it off entirely in February 2019. I have been…
I have made some of the worst money mistakes any person can make. It took me at least 10 years to recover from these money mistakes in my 20s and I have been paying for these mistakes to this day. What are your worst financial mistakes and how have you or are you recovering? Here are my 5 worst financial mistakes Student loans and credit cards I funded my entire Big 10 out of state…
Ever since I set my student loan debt payoff goal of March 2019, I have been motivated more than ever to continue seeing my student loan debt shrink and eventually paid off. I have been paying a bit more on top of the $2,300 a month I currently pay thanks to my side hustles. Although my payoff month goal is March 2019, I am aggressively pursuing a payoff goal by the end of February 2019….
I am sure you have seen the articles about how the average college graduate has a 5 figure student loan debt amount. Here is an article from CNBC for a refresher. I ended up owing a 6 figure student loan debt upon graduation and defaulted. Fast forward more than 10 years and I still owed the US Department of Education nearly $77,000 total. The minimum monthly payment on my student loan debt is $826.24. For…
As a self professed money moron (I was and partially still am), attending an out of state college was one of my biggest financial regrets. It would not be a blog without the flipside, right? I try not to be such a negative person and when it comes to finance, you have to think beyond what happened in the past. The financial mistakes I have made in the past are sunk costs so I can…
In my 20’s I ignored my massive student loan debt and eventually went into default. One of the worst possible things financially you can do. I went into default only a few years out of college. This is the reason I started this personal finance blog. For cringeworthy money moron moments, give the post a look for a quick rundown of my financial mistakes. I experienced credit cards getting cancelled, paying a crazy interest rate on car…
Let me start off by saying that my regret going to a four year Big 10 college is my own doing because I was a money moron. Looking back to high school when I was coming up with a list of 4 year colleges, all I knew is I wanted to experience living on my own and to get a good undergraduate degree in Marketing. Notice anything missing from my thought process? I did not…
I made financial mistakes. Cringe worthy financial mistakes. Admittedly voluntary because I had no financial intelligence. Being a money moron started when I was considering college. In my previous post about the top 5 financial things to consider when applying to college, I did not fully provide my point of view. I am a firm believer that everything happens for a reason. HERE ARE 3 THINGS I WOULD DO DIFFERENTLY WHEN CONSIDERING COLLEGE. The honest…
What I write in this post is purely from my own experiences. I am not a financial guru. I am not a financial ninja. I do not have a podcast. I do not do interviews or guest posts. I am passionate about my full time job as VP, Digital Marketing. But. I am a money moron. I am here to share the 1st part of the mind boggling, voluntary financial mistakes I made in the…
