What are your best tips for paying down debt, readers? Which decisions regarding tackling debt — from student loans to mortgages and beyond — have you made that have worked out well, and which haven’t?
Meet this month’s featured reader, a 34-year-old in BigLaw who’s sharing her salary, net worth, and thoughts on going from more than $205,000 of student debt to just over $50,000 of debt in four and a half years.
Today’s topic in Tales from the Wallet: do you set financial goals for the year? I started setting explicit financial goals when I left my cushy BigLaw job a few years ago — I had been so comfortable there that I could easily move every other paycheck to an interest-bearing money market fund, and then … Read More about How to Set Financial Goals for the Year
It’s the New Year, and I heard a lot of chatter among commenters about when they should be paying down debt vs. saving. It’s a huge question, and we’ve talked about some related things (like how to pay off huge student loans and live within your means), but we haven’t talked about when to save vs. when … Read More about Tales from the Wallet: Paying Down Debt vs. Saving
Have you refinanced your student loans, or are you looking into it? We’ve talked about tackling huge school debt, paying down debt vs. saving, getting financially prepared for grad school, creating a money roadmap, and switching from a lawyer’s salary to a student lifestyle, but we haven’t discussed refinancing student loans. Today, Blonde Lawyer (the name … Read More about Tales from the Wallet: Refinancing Student Loans (Guest Post)
We’ve talked about a ton of different money issues here, but it occurred to me that it might be helpful to do a simple “roadmap” post — a listing of what to do, in what order, with links to the appropriate posts. So here’s my list of what to do with your money — if … Read More about A Money Roadmap: Where to Go Next In Your Personal Finance Journey
How do you pay off big student loans? Can you manage your debt when you’re facing huge numbers, such as six figures? We’ve talked about when to save versus when to pay down debt before, but a number of readers have asked for a post on Really Big Debt, so let’s discuss (particularly since the … Read More about How to Pay Off Big Student Loans (and Other Big Debts)