I took f***in personal finance to learn that stuff and it was the dumbest f***ing useless class I ever took. Taught nothing.

Im not debt free I have an assload of college debt. I want to figure out how to pay off my private loan properly but it's so confusing. Prob need to wait till I'm salaried next summer or so and just try to pay it off in full after awhile (think that ones 10k)

what is confusing about it

Yeah I'm with you if you can stay at your parents and save, do that s***. But don't go blowing 400/week, build a savings acct, invest in an IRA or CD or whatever (idk someone here flamed me for doing a CD)

If you want to buy streetwear and club and s*** go for it but don't spend over half your disposable income on it. Don't need to be buying glasses of Henny or bottle service or whatever

They make you sign weird waivers or something and I'm not allowed to pay anymore than whatever the interest is for the month without doing a handful of things. There's a bunch of warnings telling me not to "overpay" and s***

I don't really have the cash to promise certain payments yet so I'm just going to wait until my pay is 100% guaranteed instead of hourly

woah weird, so they down want you paying down your principal?

That Student Loan Forgiveness s*** is just a tease at this point. Yea man,just keep paying whatever necessary and when your pay jumps,go ahead and finish it up. What not to do is,take out another loan/credit card to pay another loan smh. I know this young couple who took platinum American Express cards to pay huge bills with.

Idk how this going right now,but for some reason,they were flexing it online smh

Nope that's their goal dude. Private loans are f***ing predatory as f***, I just had no other option when I was under 26 and finishing my bachelors.

Nobody should ever take them, I did it because I was getting barely any student aid thru FAFSA and didn't want to take forever to finish the degree. Also I was still learning how to do this field of work without getting screwed on pay. I feel fine with doing it in this case but it's super annoying

I think last time I looked im somehow oweing more than what I took out. By like 30 bucks but still. Could've been a glitch I don't know. Really annoying needing to pay variable rates

So yeah don't get one if you don't need it

Well I'm talking about my private loan which isn't applicable to forgiveness period.

I was expecting the forgiveness to pay off nearly my whole masters. So I'm not happy about all that Bs that went down

Damn,at least you have a plan to get this s*** done. I have a few family members i know that are crossing their fingers that the student loan bill goes through,even if it doesn't wipe out all of it.

I was doing that too. But I have a back up plan I guess, make good money and pay it off

F*** the people blocking that though

thats f***ed bruh

if you need some more resources/advice for how to attack it you could look into Dave Ramsey stuff. He's pretty southern so he leans a bit conservative which can be a little off putting but his financial principals are pretty sound, especially for getting out of debt

good luck tho bro, once u knock it out and have all your income going to yourself its gonna feel so good

Uh Yeah I know Dave ramsey

Kind of an ass hat.

My parents followed his program at our church and seem to believe in his stuff more than Christianity lol

s*** works if u follow it

i think you can survive fine by yourself making 36k

A single man,debt free,not living in a major city,making 36K mixed in with bonuses/overtime,can live a pretty good life with some real luxuries

Haha I know. I might delve into it once im salaried

I don't know what my plan will be for all the public loan debt yet

In NYC? That's not even possible where I live and it's not even really a major city yet

Its possible in the American south,probably middle America too. But were talking a single man,debt free,no kids,no gf.

54K should be the minimum yearly salary for anyone trying to get their life started

Yeah but op lives in New York

It's def possible in bumfuck nowhere, in my state if you drive 4 hours north of my city you can live off that easy too

But they all say the further north in Michigan you go, the further south you end up

Nope,that salary not happening in the North. It all depends on quality of life and what type of environment your looking for. A quiet small town,living in the country, nothing to do vs always being able to find something to get into in a big city. I think every small town person dreams of living in NYC/LA but its not vice versa with a person living in those major cities.

Idk my best bud lived in the inner-city here with me and he moved up near traverse City but more country. S*** is mad cheap when it's not vacation season there. He just wants to enjoy nature and kayak or fish or disc or snowboard whenever he wants without dealing with too many people

His house was insanely cheap to get too

does the title say nyc? i know people that live off that in large cities and i lived off 45k in houston in a large one bed apartment