Watch the video in this post from Ryan Schulte, a partner in financial advising from Envision Wealth Group. Ryan has been working with dental students and dentists for many years. He says one of the biggest things people are noticing across the country is the mess being made from lack of personal financing. Budgeting is important! The digital age makes it too convenient to venmo your friends, set “auto-reload” to your Starbucks account app, or buy pretty much anything by synching your credit card with the Target app. On average, people are only saving 3-4% of their income. We should be aiming for around 15-20% in savings. Shocking, but with hard work and dedication, you’ll be happy you did!
For the first 21 years of my life, I did not have dental insurance. I just paid out-of-pocket costs whenever I needed care. For me, this wasn’t an issue because I took care of my teeth and, thankfully, didn’t have many problems. I always assumed, however, that if a problem ever did arise, getting the information on attaining dental insurance would be as simple as asking my dentist.
Going to classes, working in the clinic, and being involved in student organizations leaves very little time for anything else, let alone preparing a home-cooked meal every night of the week. We often find ourselves once again going to Chipotle or ordering take-out, which may seem like a quick, easy fix but can add up and make a serious dent in our wallets. Today, I want to share with you a great way to save time AND money while preparing the most delicious home cooked meals! My search to try to find an efficient way to feed a household of two with minimal effort lead me to crock-pot freezer meals.
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.