This is an amazing reminding of how we view others. It helps us to put people in a more positive light, because we examine what they have to offer rather than what we want from them.
"Everyone is a genius. But if you judge a fish on its ability to climb a tree, it will live its whole life believing that it is stupid." -Albert Einstein
Tip: Read Your Bill
Even if financial aid is covering your costs right now, make sure you're reading your bill every time it comes. Pay attention to how much you owe.
As a rule of thumb: Divide the debt you owe by percentage of time remaining, then round up to the nearest $10,000.
For example:
- The bill says you've borrowed $18,200
- You have finished 5 semesters out of 8 total (so you have 3/8ths remaining, which is 37.5%
18200/.375= $48,533
Round that up to $50,000 for roughly what your final loans will be.
Does your final debt burden scare you? Find ways to cut back on what you need to borrow.
psst: we're just a website. we can be wrong. a financial planner is a better place to get financial advice.
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