After all these years, I have still been paying on one of my student loans. Problem is, so much has gone to interest and fees that, like many student loan debtors, it seems like it will never be paid off.
Over time, especially the past year or so, I have paid ahead and brought the balance down considerably. Now, I am at a point where I received some extra money this month on top of reducing expenses, which has allowed my savings to grow somewhat.
With these things in mind, I decided to take the leap. I scheduled the entire account balance to be paid off tomorrow. That will take a bit out of my savings, which makes me a little nervous in current economic conditions. However, in the long term I expect it to improve my credit rating and will leave me with extra money which can be saved.
Since I paid off the car payment 2 years early and now paying this off, my only credit card is a secured card with a collateral account balance. This means I will finally have no outstanding debts at all except for my regular monthly expenses.
That means it will be much easier to save money in the long term and can devote more funds to expanding exposure of my content production. If that works out, over time I will be able to reduce my nursing hours gradually to spend more time on content production.
I have concepts regarding that which I just don't have the time for right now, such as collaborations with other Progressive people and outlets for specific projects.
My writing and videos are slowly gaining more attention and subscribers. I'm happy for that. Means the ideas I propose are spreading. It would be nice to make a lot of money from this effort but the main goal really is spreading awareness, getting people to think, to question, to engage peacefully to enact positive change.
Over time, especially the past year or so, I have paid ahead and brought the balance down considerably. Now, I am at a point where I received some extra money this month on top of reducing expenses, which has allowed my savings to grow somewhat.
With these things in mind, I decided to take the leap. I scheduled the entire account balance to be paid off tomorrow. That will take a bit out of my savings, which makes me a little nervous in current economic conditions. However, in the long term I expect it to improve my credit rating and will leave me with extra money which can be saved.
Since I paid off the car payment 2 years early and now paying this off, my only credit card is a secured card with a collateral account balance. This means I will finally have no outstanding debts at all except for my regular monthly expenses.
That means it will be much easier to save money in the long term and can devote more funds to expanding exposure of my content production. If that works out, over time I will be able to reduce my nursing hours gradually to spend more time on content production.
I have concepts regarding that which I just don't have the time for right now, such as collaborations with other Progressive people and outlets for specific projects.
My writing and videos are slowly gaining more attention and subscribers. I'm happy for that. Means the ideas I propose are spreading. It would be nice to make a lot of money from this effort but the main goal really is spreading awareness, getting people to think, to question, to engage peacefully to enact positive change.
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