Today I have a guest post from Andrew…
Many more than half of all college students use student loans to pay for school. The average graduate, in fact, finishes school with tens of thousands in debt. A lot of students don’t truly understand how student loans work—or how that debt can affect everything from their credit to their career for years to come. Not understanding the position they’re putting themselves in with student loan debt can cause a number of problems later, so it’s important to be aware of the ramifications of taking out a student loan.
When you read about Dave Ramsey’s baby steps, the one thing you won’t often read is that Dave encourages people to give while they pay off debt. This can contradict every single thought that our brains tell us is rational. I get it. If you want to get out of debt and have more money, why would you give some away? There are a thousand different debatable reasons as to why someone might do this. Our reasoning is probably different than you think. It had less to do with the church and more to do with what we needed. So, if you are in full-on debt payoff mode, read on to see why we started tithing during debt payoff and what happened when we did.
The idea of living on one income can be a scary thought for most couples. When you have two able bodied people, it can be tough to see any positive side to not having two steady streams of income. Considering that 71% of all workers in the United States say they are in debt, it’s no surprise that one income families are seen less and less. More often than not, people are just working to support their bad spending habits. Even in two income households, a whopping 78% of workers say they are still living paycheck to paycheck. But there is some light at the end of the tunnel. Having been a stay at home mom for over 10 years, there are some major benefits to living on one income that I would love to share with you. Particularly living on one income when you’re paying off debt.
Our neighbors caught on really quickly that we love dogs. They have three dogs that charge the fence every day and I always scamper up to them with a smile. On top of that, we always had some new dog in our yard that we’re dog sitting. I have always been happy to help out a friend or family member when they needed a dog sitter because I’m home all day anyway with two dogs and two wild animals I call children. Then one day it happened. The clouds parted and I heard angels sing when my aunt told me about the Rover app that helps dog owners find me to dog sit. This meant I could get more money and more dogs in my life! Because I am always telling people about this new adventure, I wanted to take a moment to share exactly how to be successful with a dog sitting side hustle to earn extra cash. Keep reading and I will answer all of my most frequently asked dog sitting questions.
We have all been there. It’s super exciting to get started paying off your debt and motivation is in no short supply. Then after months and months of dedicating your every thought (and paycheck) toward debt, you hit a wall. You might start to look around and realize how much fun the people around you are having. Maybe you’ve been living off ramen noodles and you just can’t stand it anymore? Even worse, maybe you keep finding yourself digging into your emergency fund and can’t seem to get ahead. Whatever the case, there is no denying that sticking to the debt snowball can get hard. So what do you do? Read on to see the best ways to stay motivated when your debt payoff gets hard.
When we began our big downsize and my minimalist journey officially began, a big goal of mine was to allow more time, freedom and finances in order to travel. Instead of tending to a big house (or even a small house) I wanted to start branching out and seeing more of the world. I didn’t realize at the time just how much a minimalist lifestyle would allow this dream of mine to become a possibility. If you have dreams of traveling more let me fill you in on how adopting a minimalist lifestyle can give you the freedom to travel.