Money matters: How to save money, pay off debt and student loans fast

Credit: United States government

Credit: United States government

College is the time when you dedicate yourself to learning about things that will help you for the rest of your life. That’s also true when it comes to money matters. Now that you’re managing your own money you need to learn how to save money as well as how to pay off your debts and student loans. It’s not as hard as you might think. What you need is a little knowledge and a lot of persistence. Even if you have a mountain of debt, it’s possible to pay it off and free yourself from a life of debt servitude. Here’s how.

It’s possible to pay off debt

In a January 15, 2013 article for, “How I Paid Off $90,000 In Debt In Three Years,” contributor LearnVest explained how Stephanie Hood paid off a mountain of debt.

How did she accumulate so much debt in the first place? Read more

Money in the bank: How to save money on banking services for college students

Debit and credit cards offer flexibility to college students when used appropriately. (Courtesy of Lotus Head.)

Debit and credit cards offer flexibility to college students when used appropriately. (Courtesy of Lotus Head.)

Money saving tips and learning how to save money may not be at the top of your list right now. What with assignments and exams, banking may seem like the least important item on your to-do list. If you haven’t already put money in the bank, it’s time to get started as a member of the world of personal finance. Learning how to deal with your finances is one of the most important subjects you have to master. First, let’s look at some tips for choosing a bank.

Banking tips for college students

If you don’t have your own checking account, then go out, get one now and start using it. Read more

Federal student loan repayment plans: Get in the know with what you’ll owe!

Paying off student loansWhether you’re an entering freshman or a first-year grad student, being in the know with what your federal student loan debt looks like is a good way to stay ahead of the game for when the time comes to begin repayment. Did you know you have several different options for repayment? You might even be eligible for loan forgiveness. So, what exactly are your options, you ask? Well, read on for more info. And then visit your school’s financial aid office for ways to be proactive before you accept your diploma. Read more