Today, I have a great guest post from Matt from Method To Your Money. Here are the strategies he used to graduate (nearly) debt-free from college.
If you’re getting ready to attend college, or if you’ve got kids who are preparing to go off to school, student loans can sometimes feel like a forgone conclusion.
In fact, over 70% of graduates leave school with significant student loan debt. That’s 44 million people who owe $1.5 TRILLION dollars, or around $37,000 per person!!
It’s all a bit INSANE!!
But what if I told you that I have found a way to avoid being one of those indebted graduates, a series of strategies to avoid the anchor of student loans and to start your career off on the right foot? A method that I’m already starting to instill in my children so that when they go to college, they’ll be fully prepared to CRUSH it both in the classroom and with their bank accounts.
My family was firmly entrenched in the middle class. My dad is a pastor and my is mom a nurse. Growing up, money was not a limitless resource and my parents always made decisions with finances in mind. [Read more…]