Broke On Purpose Archives - Page 3 of 5

Melody Robinson Wright August 3, 2015

Can Earnest Really Save You from Student Loan Despair?

Last week I shared with you all the Ugly Truth about Student Loan Forgiveness programs and basically ended by just telling you to pay your student loans. I hated ended the post that way since I’m more of an optimist and like to see the light at the end of the tunnel. Since I was doing tons of research on student loan repayment programs Facebook felt the need to populate the ads in my feed with various bank-based student loan repayment programs. As usual I ignored the onslaught of privacy invading ads until one in particular from a company called…

View Post

Melody Robinson Wright August 1, 2015

Broke on Purpose July 2015 Wrap Up

I am so excited about the month of August because it’s my birthday month! Unfortunately, my birthday falls on a Monday (how dreadful), but at least it being my birthday will be a silver lining. With it being the end of the month of course you know I’m going to give you the deets on how well we did with our budget and paying off debt. One of the biggest things that we did was pay off EVERY SINGLE ONE of our CREDIT CARDS! (ques Gospel Choir). This something I most definitely shouted from the rooftops. It feels absolutely amazing…

View Post

Melody Robinson Wright July 30, 2015

The Ugly Truth about Federal Student Loan Forgiveness Programs

If you’re waiting on the government to come in and swoop away all you student loan debt in one forgiving swoop you may have a long wait on your hands. In the last five months my husband and I have successfully paid off over $13,000 in debt, however, this does not include anything from our mountain of student loan debt. In my quest to pay off debt faster, I’ve been looking at programs that I may qualify for that will allow me to have my debt forgiven. After extensive research, I really found that the only way to get rid…

View Post

Melody Robinson Wright July 2, 2015

Three Important Budget Categories You May Be Missing.

I talk a lot about how having a budget is one the main reasons we are able to successfully pay off debt every single month. The budget allows you to tell your money where to go so that at the end of the month you’re not wondering where it went. We sit down and go through our budget before the start of every month. The budget meeting literally last about 10 minutes. If there are any upcoming expenses for the month we discuss them and work them in by subtracting from other areas that may not really need as much…

View Post

Melody Robinson Wright June 30, 2015

We’ve Paid off over $12K In Debt In Four Months. Plus June 2015 Wrapup!

June is over. I’m still trying to wrap my head around the fact that half of the year is officially gone and whether or not I did enough in the first half of the year. This month was a very busy month for me in that things with my graduate thesis project took off, requiring me to put a lot of extra energy into my lab life while also trying to balance all of the extra work I accepted outside of the lab. Half way through the month when I began to feel a bit, overwhelmed, and I had to…

View Post

Networks