How To Pay Off Your Student Loans in Just 3 Months

[Liberal_in_LA]

take on a 2nd full time job that some unemployed person would have loved to have, take it on for lower pay than offered and no benefits

How To Pay Off Your Student Loans in Just 3 Months

At the beginning of this year, I got a side job and paid off my student loan debt in three months, after spending almost six years making the minimum payments. If I had kept making the minimum payments, it would have taken me something ridiculous like 10 years to pay them off.

Then I went ahead and bought new clothes, paid for a two-week European vacation, maxed out my Roth IRA and topped off my emergency fund. You see, my side job pays me what some people make in an entire year.

Here’s the story of how I got my side job:

I met my side job boss at the dinner party of a mutual friend. I liked his company and started following it. A few months later, I saw that he put out a full-time job announcement, so I contacted him and said I could do everything he wanted as a consultant, and for only three-quarters of the salary he was offering. Oh, and I didn’t need benefits.

He signed my proposal.

You can and should take a few lessons from my story: network your butt off, provide massive value and ask for what you want and for what you’re worth…But you know that already, don’t you? You’ve probably heard that again and again.

http://www.businessinsider.com/how-to-pay-off-your-student-loans-in-just-3-months-2012-9

[Turbineguy]

1. I have a much better plan.

When I went to college I only needed to borrow $1500. I graduated in July and paid off my loan in October. I am grateful to the Taxpayers of California for subsidizing my education.

However, if I need advice on how to deal with getting a splintery 6 inch damage control plug pounded into my ass with a 10 pound hammer and smiling all the way, I know where to go.

[Nay]

2. It's every man for himself in the race to the bottom!

So, this guy does two jobs (one for 25% less and no bennies) and he thinks he's got it good? And if his side job paid all that off and bought all that swag in just 3 months, why the hell didn't he take the side job as his main job and ditch his main job, which obviously wasn't paying well? This story is bullshit. Makes no sense.

[ileus]

3. 10k a month at a side job is great scratch...sign me up.

I could use making that kind of side money for another 20-25 months and we'd be debt free completely.

[Confusious]

13. Those 10k a month jobs are just lying around

Like apples fallen from a tree.

This guy lives in a f*cking fantasy land.

[upaloopa]

4. I think this is bull shit

How are you going to do a job as good as someone else if it is your second job?
Where do you find time to work 16 hrs a day 7 days a week?

[Quantess]

5. Unless the total loan amount was $2000

the author is pulling our leg.

[smirkymonkey]

6. And if you owe more than 100k?

Not so easy, even with a second job. Oh wait, I forgot, I should just ask my Dad for the money. Gee, that was easy! Problem solved!

Not, my parents are well off, but they don't have an extra $130,000K lying around to give me now that they are both retired. The sick thing is that it just seems to grow by leaps and bounds. I pay, but I don't think I will ever be able to keep up with it. Sometimes, I wonder why I bother. I pay $700 per month on top of everything else, and I am getting nowhere.

And Romney doesn't give a crap, he wants to RAISE the rates - BASTARD!

[a la izquierda]

8. Welcome to my club...

No one in my family has money, so I'm screwed.

[Cal Carpenter]

7. Garbage

That's all.

[SickOfTheOnePct]

9. Sorry, but I see nothing wrong with working a second job to pay off the loans

Of course not everyone will be able to fall into something like this, but if true, I think it shows great creativity and initiative.

[Nikia]

10. I'm not sure how much this person owed

I owed around $25,000. If I had a job where all the money made would go towards my loan, that would be over $100,000/year to pay off the loan in 3 months. It would be really great to earn six figures. Even with paying for benefits myself, I'd still be making a lot more than I do now. Around here, there aren't many six figure salaries.

[woo me with science]

11. The right-wing propaganda is nose-deep now. nt

[nebenaube]

12. hmmm...

Pilot running Cocaine?

[LeftofObama]

14. I smell a whole truck load of bullshit! n/t