Blog Posts
Teacher loan forgiveness is a program that has been implemented by the Federal Government that forgives either $5,000 or $17,500, depending on the subject that you teach. Since I taught math, my forgiveness was $17,500. This is only one of the requirements of this program and I will detail how you can utilize this program as a way to get some of your student loans forgiven.
Personally, I don’t like being in debt and I personally don’t like paying interest charges. A house is a big ticket item that my wife and I will purchase using a mortgage, but we will only take out a 15-year mortgage, because the math is just so obvious about how much you save when compared to a 30-year mortgage. There are two reasons why I prefer a 15-year mortgage.
My goal has always been to not post on Saturday or Sunday to have a true weekend, but this news is so good that it required a special Saturday post!
By now you have figured out that debt is evil and should be thrown out to the curb and never to be let back in! Once you reach this point of freedom from debt, then you can start building wealth! Today, I would like to talk about the scam of payday lenders.
The best way to win with money is to get out of debt. So, I am big on getting rid of car payments, student loans, credit card payments, and any other type of debt payments. Once you get out of debt, then you free up tons of money for saving and investing. Are car leases any different than debt?
