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Guide To How Much You Should Save From Each Paycheck
https://www.sofi.com/learn/content/how-much-of-your-paycheck-should-you-save/
Sure, you know you should be saving money, but, if you’re like many people, you’re not sure exactly how much to be stashing away. Some people put $100 per paycheck away and feel pretty proud of that; others will be able to set aside 10 times that amount. Still others will use a percentage, typically […]
11 Strategies for Paying for College and Other Expenses
https://www.sofi.com/learn/content/how-to-pay-for-college/
For the 2024-25 school year, the average cost of tuition and fees for a four-year private college was $43,350, $30,780 for a public four-year college (out-of-state), and $11,610 for a public four-year college (in-state), according to the College Board. Add in other living expenses and it’s no surprise that students and their families often rely […]
Payday Loan Requirements: Things to Know
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Payday loans are also called cash advance loans, deferred deposit loans, post-dated check loans, or check advance loans. They are short-term, high-interest loans. People who use these loans tend not to have access to other types of lending, and this is a last resort to get them through to the next paycheck. Many states consider […]
The Navy Loan Repayment Program Explained
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Under the Navy Loan Repayment Program, those who join or reenlist in the Navy may qualify for a significant amount of student loan relief. The program will pay up to $65,000 toward an eligible service member’s student loans. Read on to learn more about the Navy Loan Repayment Program. Table of Contents Who Qualifies for […]
How to Make Principal-Only Payments on Student Loans
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Making principal-only payments on student loans (either monthly or just occasionally) can help speed up the payback time and lower your overall borrowing costs. But just making extra payments on your loan won’t necessarily lower your loan’s principal balance. You typically need to take a few extra steps to ensure that your extra payments actually […]