Tag Archives: dave ramsey

Consequences of Student Loans

This is such an extremely important message! I have to say even though I was blessed to be able to finish school, I have a degree in my desired field, and even got a job in my profession … the pressure of student loan debt can be overwhelming. That is the ultimate understatement! The pressure is so intense that usually I will not think about it beyond the time it takes to make the monthly payment or during our family monthly “budget meeting”.

Recent college graduates are facing such high levels of debt, unmanageable levels of debt, that they’re holding off on having families, buying a car, buying a home, and being active community and citizen members in our country. So unfortunately, we are no longer seeing what the goal and the purpose of higher education is supposed to be founded on…  (Excerpt from YouTube “Student Debt: Denying the American Dream”)

Wanting to make a difference …
Work in your strengths …
Do something important …
Create a life around your passion …

These were the things that motivated me when, at age 24, I evaluated the price of my future in terms of student loans. College was all about proving something to myself — proving that I really could set goals and achieve them. Proving that I wasn’t as low as I was made to feel every day. Finding that I could push myself and contribute something amazing and then dig down a little deeper and find that I could even do better than that.

So is the cost of college worth the decades of sacrifice and stress that seems to follow? I’m not sure. many people are self taught entrepreneurs, others lie on their resumes to get a job to get experience, and others just seem so talented that someone took them in and apprenticed with them. Every day is a learning experience.

Is college worth possibly never having children?  If this is something you want out of life, you may want to have kids first…. At the time, I certainly had no intentions of having kids — but a lot changes in the time it takes to get your Bachelors degree. Each person will have to make up their own mind about that issue, no one can tell you what is best for you.

If you are thinking about college or maybe already finished, please learn to manage your money!  If that’s the only thing you focus on for the next year, I don’t care, but DO IT!

One possible solution to going to college minus the debt, see the video below. (I am not an affiliate, just a fan.)

Year ending – Holiday letter

Well, I suppose its that time of year! I refuse to do a Christmas letter this year. Not lazy… so busy I can barely see straight. No Christmas cards have even been signed or sent out… probably will only happen for the grandparents this year but I wanted to recall a few good things that happened this year

    • We have been working on our debt snowball… it’s slowly getting bigger and overtaking our larger bills.
Baby rolling around in a pile of $100's
Baby rolling around in a pile of $100’s
    • We bought a newer Corolla, cash in hand, and it felt really great not incurring another car payment. Of course, we had to throw the cash on the bed first and let our cat roll around on it since we were too embarrassed to be caught on camera doing such a silly thing.
    • My brother and his family came to visit briefly a few times this year as he took interviews all over the country looking for work in his new area of expertise, lineman.
    • Put my life in my new sis-in-law’s hands by taking a motorcycle ride with her
It was a necessity ... we ran out of Monster
It was a necessity … we ran out of Monster
    • Mostly we spend time with family and friends whenever we aren’t working. This year we’ve been blessed to see two new nieces added to our extended family. They couldn’t be more perfect representations of their parents.
    • As you can see Jonathan is feeling more like himself these days… praise the Lord
My best friend
  • We continually rediscover what a treasure it is to just sit and talk to each other. I really did married my best friend
  • Oh, we moved to a less expensive rental and applied the difference to our debt; we are getting far too responsible in our old age. (Speaking of which, it blows my mind we are both now in our 30’s!) Anyways, the best part is we are right in between Richmond Beach and Edmond’s Waterfront now and if I make it home in time, we get to enjoy a sunset together too. We are so blessed.
Richmond Beach Lookout Point

Wishing you an uplifting new year and I hope you find reasons to celebrate each and every new day.