Category: The Pennies

3 Tips to Not Letting Student Loan Debt Ruin Your Life

When I finished undergrad, my only concern was finding a job and not being back under my mother’s roof for too long. I wasn’t terribly worried about how much student loan payments would or even how they would impact my life years down the road. Now that I’m a real life adult and trying to plan a wedding, buy a house, buy a car, and generally just trying to live, I’m realizing how much of a hold my student loans have on my life. The truth about student loan debt is that it sucks. I don’t know a single person with student loans that feels as though their education was worth it. Despite those feelings, we still have to make those payments, but I have a few tips to avoid letting student loan debt ruin your life. (more…)

The Ugly Truth About Student Loan Debt

According to US News, 70% of recent college students graduate with student loans. Student loan expert, Mark Kantrowitz, estimates the average 2016 grad to hold $37,172 in student loans. A recent survey found that 59% of millennial graduates have no idea when their student loans will be paid off. If those stats aren’t enough to make you say “WTF”, let’s add to it that there are 44 million borrowers in the United States alone with a total debt approximated at $1.4 TRILLION! Unfortunately, I am one of these 44 million borrowers and despite the efforts President Obama made to help reduce the burden imposed by student loans, I believe there is some ugly truth about student loan debt we all want to shout from the rooftops. (more…)

3 Tips on How to Travel When You’re Broke

Traveling has been on my mind a lot lately and according to my honey’s Instagram post, he’s feigning for a change of scenery too. Now that we are engaged, I feel that we need to be A LOT more budget conscious so that we can pay for a wedding. However, my need to feel the sand between my toes and experience a new culture seems just as important as saving for our wedding. Even if we weren’t now saving for a wedding, we live on a budget and don’t truly have “extra” money just lying around, but it’s totally possible to travel when you’re broke and I’m here to share a few tips! (more…)

5 Budget Friendly Destinations Millennials Will Love

I love to travel, but my budget doesn’t always let me jet set around the world. There seems to be an abundance of flight glitches that can get you across the world for just a few hundred dollars, but unless you have a travel fund/account or just a few hundred dollars lying around, these deals don’t really do you much good. Despite this, we all deserve to experience other cultures and see new places.There are ten destinations that have been deemed budget friendly that I would love to visit: (more…)

10 Things to Do On a No-Spend Weekend

Does anyone else experience a certain level of fear when they check their bank account on Monday after a weekend of fun? Even when our weekends are full of adult-y things (i.e. paying bills and grocery shopping), I’m nervous to look at our balance come Monday morning. I’m always shocked by how much we spent and yesterday I decided it was time for us to rein it. I pride myself in being fairly budget conscious, but I try really hard to find a balance between knowing where every penny goes and being spontaneous. I think it would help if we start doing no-spend weekends every once in a while. What are those you ask? During a no-spend weekend, we will not spend money eating out or on activities. If we break the rule, I think we should have to put $10 in our savings account. So the next question becomes, if we can’t spend money, what are we going to spend the weekend doing? I’ve come up with 10 things we can do on a no-spend weekend. (more…)