DFISCA
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3 Reasons Having Online Friends Is The Best Thing For Your Debt Free Journey
There is a growing online community of people who are - or have been - exactly where you are now. And they aren’t afraid to show you how they are climbing out of the same hole you may be finding yourself in now.We call ourselves and the Debt Free Community, and I am here to share 3 reasons why joining this group of weirdos may be the very best thing for your progress while you embark on this journey. -
7 Easy Ways to Minimize College Debt
Americans are drowning in student debt. Collectively, 43 million adult Americans have racked up $1.5 trillion in federal student loan debt, PLUS another estimated $119 billion on student loans from private sources that are NOT backed by the government. The average student loan payment is $393 per month, and an estimated 40% of borrowers expect to default on their loans by 2023.In this blog, we’ll discuss seven options that could help you save money during your higher education years. Some of these are not ‘conventional,’ but I included them to make you think outside the box!
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4 Things Your Net Worth and Weight Have in Common
The advice I took to help me achieve my health and fitness goals was eerily familiar. I realized that the tips that I give for financial goals were very similar to the information provided for successful weight loss. Setting a calorie intake goal was like setting a budget! And tracking every single thing I ate was like tracking every single expense. Just exercising and not changing any other behavior was the equivalent to thinking that making more money would solve all financial problems.Making more money will never solve anything for you if you continue to overspend and live above your means. Just like exercising more didn't do anything for me. If you want to take control of your finances and make serious progress towards your goals, you can't just do one thing. You need to implement all the behaviors that will drive that success.
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All You Need To Know About Cash Envelopes
Cash envelopes are a tool to help curb your spending. Instead of using your debit/credit card for all purchases, use cash for the areas you tend to overspend in. With cash, you feel your purchases more. It hurts to hand over the money. With cards, you blindly spend and fail to pay attention to how much you’re spending.
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The Baby Steps Explained
The baby step method of paying off debt was made famous by finance guru, Dave Ramsey. In the debt free community, the baby steps are the preferred and most common method of paying off debt. It’s also how Josh and I paid off $133,000 in less than four years. In this blog post, we define what baby steps are, how to start putting the baby steps into action, and give tips and tricks to the baby steps plan. -
Navigating Nelnet: A How To Guide on Making Extra Payments
Whether you’re following the debt snowball or debt avalanche, targeting your student loans individually is the most effective way to pay off your debt. Instead of spreading an extra payment across all loans, focus on one loan and throw every single penny at it until it’s paid off. Then move onto the next one. Here's a handy How To Guide on Making Extra Payments on a Nelnet Student Loan. -
Career Catapult: How Working During College Benefitted My Career
Having a full-time job while I transitioned my career at 23 wasn't an option, it was a necessity to survive. As a full-time student in California, working during my college years afforded me experience, and money to live. Here's How Working During College Benefitted My Career. -
Need Help With Navient? The Process of Making Extra Payments
Instead of spreading an extra payment across all loans, focus on one loan and throw every single penny at it until it’s paid off. Then move onto the next one. This blog post focuses on how to make extra payments on Navient student loans. I also have blog posts for FedLoan and Great Lakes.
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Great Lakes: A Step-By-Step Guide on How to Make Extra Payments
Whether you're following the debt snowball or debt avalanche, targeting your student loans individually is the most effective way to pay off your debt. Instead of spreading an extra payment across all loans, focus on one loan and throw every single penny at it until it's paid off. Then move onto the next one. Here's a step-by-step guide on how to make extra payments on a Great Lakes student loan. -
Debt Freedom: Where do I start?
The most common question I get when people find my Instagram account is how do I get started? I love getting this question because it means they are interested in becoming debt free and are taking the first step to making it happen, so I compiled my answers into this post. -
How to Sell a Car When You Owe More Than It’s Worth
Are you wondering how to sell a car that you’re upside down on and don’t own? I wondered that too, especially when I was set on selling my Prius Plug-In that I owed too much money on. In my research, everything I found said to save up the difference and sell the car. Here's How to Sell a Car When You Owe More Than It’s Worth.
