As some of my readers are justly nervous about paying off or down their student loan with credit card offers, there is finally a safe and sound alternative to letting the monstrous interest rate of 5-9% compound throughout pre-attending years.
Rainy Day Fund
Every financially responsible adult I know has a rainy day fund. I have a non-conventional emergency fund, totaling 220k, of which: 50k is 0% interest for next 3-12 months. 50k charges 2% transaction fee for 0% interest for 12-18 months; effectively
Medscape report II
Paying off Student Loans by Age Group “It is not surprising that the percentage of school debt falls steadily with age. According to the AAMC, medical school debt has increased by 6.3% since 1992 compared with a 2.5% increase in
Safer route than mine… Still guaranteed saving
As some of my readers are justly nervous about paying off or down their student loan with credit card offers, there is finally a safe and sound alternative to letting the monstrous interest rate of 5-9% compound throughout pre-attending years.
Mortgage refinance 7 months after buying my 1st home.
This post boils down to Interest saving is guaranteed and tax-free gain, especially sweet when 1. it comes @ no cost/fees 2. it frees up additional cash flow 3. it allows you to build equity faster 4. The above can be accomplished