Crushing Student Loans by Beth Hittie https://padlet.com/hittiebeth/fv79jpsdfakg Debt en-us 2016-12-05 15:50:18 UTC 2016-12-05 17:38:22 UTC hello@padlet.com How Much Debt hittiebeth https://padlet.com/hittiebeth/fv79jpsdfakg/wish/141780946 If I go to the University of Toledo it will cost about 19,000 per year. In Merit scholarship I will receive 6,000 per year. And my parents have 40,000 saved for me to use toward college. If I split that over four years I have 10,000 a year from them. That will leave me with 3,000 per year to pay for and for my 4 year nursing degree I will owe 12,000 dollars.]]> 2016-12-05 15:52:01 UTC https://padlet.com/hittiebeth/fv79jpsdfakg/wish/141780946 Creating a Plan Step One hittiebeth https://padlet.com/hittiebeth/fv79jpsdfakg/wish/141782774 “Start by listing your income from all sources. Then, list your "fixed" expenses — those that are the same each month — like mortgage payments or rent, car payments, and insurance premiums. ”

Excerpt From: “Credit & Debt.” v1.0. iBooks. 

So for me the I don't know how much money I will make so I can list my "fixed" expenses.
Rent
Car payment
Insurance
Phone payment
]]> 2016-12-05 15:56:16 UTC https://padlet.com/hittiebeth/fv79jpsdfakg/wish/141782774 Step Two hittiebeth https://padlet.com/hittiebeth/fv79jpsdfakg/wish/141784471 “Next, list the expenses that vary — like groceries, entertainment, and clothing”

Excerpt From: “Credit & Debt.” v1.0. iBooks. 

So my extra expenses in order of priority
Food
Gas for car
Netflix
Apple Music
Getting a pet
Clothes

]]> 2016-12-05 16:00:43 UTC https://padlet.com/hittiebeth/fv79jpsdfakg/wish/141784471 How long to pay off? hittiebeth https://padlet.com/hittiebeth/fv79jpsdfakg/wish/141818332 If I were able to make a $100 payment each month my student debt would be paid off in 120 month or 10 years. Alternatively if I make $200 payments each month I could have my debt paid off in half the time!]]> 2016-12-05 17:31:23 UTC https://padlet.com/hittiebeth/fv79jpsdfakg/wish/141818332