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Alternatives to College

Prairie Eco-Thrifter

Does the cost of a four year college or university degree scare you? We all have been taught that a college degree is the path to the good life, but is it still – when students are emerging with heavy debt and little chance of a lucrative job? But, at least I graduated without debt. Many are starting to rethink the value.

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Meet Krista & Jon Who Paid Off $36,000 | Debt Free Stories

Family Balance Sheet

Welcome to Debt Free Stories! They paid off $36,000 in debt and cash flowed graduate school. We met in college and currently both feel drawn toward higher education. How much debt did you pay off? What kind of debt was it? After graduating with our bachelor’s degrees Jon and I had about $36,000 in debt between us.

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Cash-Out Refinancing: How It Works, When To Do It

Savings Corner

You can use this money for any purpose, including home remodeling , consolidating higher-interest debt , college tuition and other financial needs. Cash-out refinances are generally best for big-ticket costs: Think home renovations or major debt consolidation. The difference between the two is given to you in a lump-sum payment.

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Roth IRA Conversions? Better Wait and See.

Prairie Eco-Thrifter

Second, if I didn’t have it converted, the tax bill each year will be horrendous for them, because it would be now and I sure don’t see tax rates going down with the national debt being 15+ TRILLION dollars. That money has to come from somewhere and unfortunately we all just keep kicking it down the road to my grandchildren.

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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

But it’s a revolving debt that offers an amount of funds (a replenishable balance, similar to a credit card limit) tied to the level of equity in your home. Others use them to pay off high-interest credit card debt or other bills. $16 Home equity lenders often charge a fee for variable-to-fixed-rate conversions, too.

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A Goal Without a Plan is Just a Wish

Family Balance Sheet

However a few years ago, we found ourselves with too much debt and not enough cash. Within a year after settlement, we found ourselves with a lot of debt, not enough cash flow, and very little set aside for emergencies. As much as I wanted to be a property owner, the extra debt was beginning to suffocate us.

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When Should Your Teenager Get a Job?

Prairie Eco-Thrifter

On Twitter the other day, I had an interesting conversation with some bloggers and followers regarding teenage employment. The conversation was brought on when my colleague told me that he wasn’t allowed to get a job while he was in high school because his parents thought he was too young to work. When did you get your first job?

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