Does Taking Out Student Loans to Pay for College Make Financial Sense?

when student loans and debt do and don't make sense. thedancingdollar.com

The short answer is maybe.  Borrowing money to pay for college isn’t a one size fits all solution.  Taking out student loans can be an expensive venture; so if massive debt doesn’t interest you, you will want to make sure you consider ALL your options.

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Tawnya is the founder of The Dancing Dollar, a blog about frugality & personal finance.  She writes about how frugal living can help other individuals & families live [happily] below their means.  She & her husband are on the path to pay off their home in less than half the time.  Click here to learn more.

How I Was Able To Save $18,600 at 20 Years Old

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I was able to save $18,600 mostly because I lived well below my income.  At the time I was making somewhere around $25,000 annually and still living at home, so saving over $18,000 wasn’t too hard for me to do.

I was even able to loan $15,000 of my savings that year.  Let me add that this was a BIG mistake and you can read all about why I don’t recommend loaning money to family & friends.

My expenses and frugal ways to save included:

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Tawnya is the founder of The Dancing Dollar, a blog about frugality & personal finance.  She writes about how frugal living can help other individuals & families live [happily] below their means.  She & her husband are on the path to pay off their home in less than half the time.  Click here to learn more.

6 Methods to Save On College Textbooks

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Saving money during college can be tricky, but it’s certainly not impossible.  I’ve found some good, better, and best ways to save on textbooks specifically.

It was a bit of a process for me, but each semester was a new learning experience that I am now able to share with you.  Now you can avoid my same mistakes and copy what I did to save yourself some money.

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Tawnya is the founder of The Dancing Dollar, a blog about frugality & personal finance.  She writes about how frugal living can help other individuals & families live [happily] below their means.  She & her husband are on the path to pay off their home in less than half the time.  Click here to learn more.