Welcome to Life-Hack Week! All week we’re posting about ways to hack your back-to-dental school experience. Whether it’s saving money, fitting in fitness or making your daily life more tech-savvy, Mouthing Off has you covered. As a special treat, we’re posting all 5 days this week. Be sure to subscribe so that you don’t miss a single post! Now, here’s your first Life-Hack Week post:
Dental school is expensive. So when you finally have a few hours to take a break, or maybe even a week off of school, the last thing you want to do is spend more loan money on recreation. Read on for ideas on how to relax and spend your free time without spending all your money and a contest to win a $50 gift card!
We have covered this topic before, but with the increasing costs of attending school and living in some of the major cities where schools are located, it is a topic worth revisiting. Credit card debt is some of the most easily accessible debt to students, but also the most harmful. Many students, already living off of debt in the form of school loans, do not think twice about charging necessary living expenses and other “standard of living” expenses to their credit cards.
Saving money is often easier said than done. After all, not only does it require discipline, but it requires one to proactively take advantage of options to save. For a student on a tight budget, here are 5 ways to save money this month and make your high interest student loan money go farther…
You may have heard recent buzz over newly proposed legislation that would allow students and former students to refinance their student loans. But what does this really mean to you?
The proposed law would attempt to afford students who have already taken out student loans at fixed rates to refinance these loans. Essentially what this would allow student to do is take advantage of the current lower interest rates that apply to new student loans. Keep reading to find out more and to learn how you can tell your lawmakers this is a good idea.
We talk a lot with students and new dentists about starting to save for retirement early. Without the proper discipline to save routinely as you start to work, dentists are left with much less at retirement than they had hoped for. Sometimes, it is hard to even know where to start. Read on to learn more!
Bricks and mortar banks have been the go-to for banking for decades. In the last few years, we have noticed alternatives to the stand alone banks popping up in the banking industry. As we look forward, even the traditional bricks and mortar banks (e.g. Chase, Schwab, US Bank) are offering more web-based online options for banking. Many banks today offer remote deposits using your phone or online setup of retirement accounts. Some banks are entirely web-based. Given that the student of today is more connected than ever before, here are some options for banking that do not require you to step foot inside a bank. Read on for more about online banking options available to you.
Many students in school or right out of school are afraid to invest their money. With not much knowledge in the area, it can be a daunting prospect. However, if you have a brokerage account or an IRA started while you are in school, there is one way that you can invest money without having an investment background. Dollar cost averaging is a method used where you invest a set amount at set intervals over time. Not only does this method spread risk, but it is easy to budget for the amounts invested. Read on for an example.