A few years ago, I was walking in the mall and overheard a business owner trying to convince a woman to use her tax return to purchase a weave. She said that her hair was an investment. I didn’t stick around long enough to hear the customer’s response, but in my mind, I was thinking, “Buying a weave is not an investment, I don’t care how you cut it.” With the end of tax … [Read more...]
Why the Family Vacation Should Not Be Your Top Priority
You’re probably thinking ‘The Travelin Diva’ has lost her mind, but it’s totally the opposite. I want us all to be debt free so we can travel the world stress free and take advantage of all the tips, deals and fabulous destinations that we share here on BMWK. Before you start saving for that trip to Martinique there are a few things to do first. Recently I was watching … [Read more...]
9 Things I Did To Pay Back My Student Loans in 2 Years
Repaying student loans is something that can take a lifetime or a little bit of time, depending on your financial commitments, your support circle, and your focus. By the time I started on my second master’s, I had already been in and out of debt two times for school. So, by the third time, I had figured out ways to minimize my time in school debtor’s prison. So here I are … [Read more...]
Money Monday: How to Take Advantage of Student Loan Forgiveness Programs
Americans are suffering under a combined $1 trillion in outstanding student loan debt. But, according to the Consumer Financial Protection Bureau (CFPB), nearly 33 million workers who qualify to have their student loans forgiven, fail to take advantage of their options. In 2007, Congress passed the College Cost Reduction and Access Act which created a new loan forgiveness … [Read more...]
Money Monday: Is It Ever OK to Give-Up on the Idea of Paying Off Your Student Loans?
For many people, the two worst words in the English language are "Sallie Mae." Like a demon from the pits of hell, this beast arises every month for her pound of flesh in the form of burdensome student loan payments. Think I'm exaggerating? Consider that hundreds of thousands of people are currently struggling with a combined one trillion dollars of student loan debt. And … [Read more...]