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Month: July 2016

Student Loan Forgiveness and Part-Time Work

Student Loan Forgiveness and Part-Time Work

Student loan debt is certainly a crisis in America. It currently tops over 1.3 trillion dollars. There is more student loan debt than credit card debt and it only seems to be growing. As I mentioned in a previous post the Obama administration has taken steps to try to alleviate this burden somewhat. However, even with a better payment plan hundreds of thousands suffer from high student loan costs and will still be in student debt for years.┬áThis post is…

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The Student Loan REPAYE Program

The Student Loan REPAYE Program

For those of you who have student loan debt you know that the process of paying it back can be a bit maddening. And I don’t necessarily mean the debt part of it, but the fact that you have to choose from the variety of plans out there. There are specific dos and don’t for refinancing. There seem to be new programs all of the time and you might not understand what you one you qualify for, etc. In this…

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Book Review: The Simple Path to Wealth

Book Review: The Simple Path to Wealth

Americans are notorious, maybe human beings in general, for looking for a get rich quick scheme. If you stay up long enough to watch television late into the night you will see all kinds of infomercials for real estate deals or buying gold or whatever. The truth is that there is no get rich quick scheme. The true path to wealth is over time. Slow and steady. The tortoise and the hare. That is the path that most will follow….

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The Most Profound Experience of My Life

The Most Profound Experience of My Life

I am firmly convinced that if we all do some hard reflection that we can find moments in time, specific people we have met, conversations had, experiences completed, and other items that have fundamentally changed your life. In fact, some people might be able to point to a specific event that altered the course of their history. In my case I can’t necessarily point to one single moment. There have been plenty that when I think about it really made…

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Cutting Our Mortgage Costs Further

Cutting Our Mortgage Costs Further

Over the past two months I have been able to save our family about $20,000 in interest costs, shorten the terms of our loan, get a lower interest rate, and create a bit more equity than we had before (you can read about those posts here, here, and┬áhere). In doing so, our mortgage payment only went up about $35. The terms on our new loan are 12 years, 2.875% interest rate, $1290 payment, with a balance of $155,150. Before we…

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