She should blow off going back to school. They should both get extra jobs. The income from the extra jobs, all going to the loan, in addition to the real loan payment should have it paid off by the time she is in her 60's.

The interest is adding up to the tune of about $1700 per month.

They should buy a used $2500 camper trailer and live in it in a parking lot behind one of their jobs.

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Posted by Tester1216

South Louisiana

Member since Jul 2018

22149 posts

Posted on 10/31/18 at 9:21 pm to Hangit

quote:
They should buy a used $2500 camper trailer and live in it in a parking lot behind one of their jobs.

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Posted by OweO

Plaquemine, La

Member since Sep 2009

114774 posts

Posted on 10/31/18 at 9:23 pm to Hangit

Is anyone else kind of surprised she didn't hit it big with the Chinese herbal medicine degree?

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Posted by RebelExpress38

In your base, killin your dudes

Member since Apr 2012

13713 posts

Posted on 10/31/18 at 10:37 pm to Hangit

quote:
They should buy a used $2500 camper trailer and live in it in a parking lot behind one of their jobs.

You laugh, but there’s a kid who did this at google in San Fran and it was genius. Google has showers and food at their offices for employees so all he had to do was walk from the truck to the office for any of his basic needs.

23 year old Google employee lives in truck in parking lot and saves 90% of income

quote:
When 23-year-old Brandon headed from Massachusetts to the Bay Area in mid-May to start work as a software engineer at Google, he opted out of settling into an overpriced San Francisco apartment. Instead, he moved into a 128-square-foot truck.

The idea started to formulate while Brandon - who asked to withhold his last name and photo to maintain his privacy on campus - was interning at Google last summer and living in the cheapest corporate housing offered: two bedrooms and four people for about $65 a night (roughly $2,000 a month), he told Business Insider.

"I realized I was paying an exorbitant amount of money for the apartment I was staying in - and I was almost never home," he says. "It's really hard to justify throwing that kind of money away. You're essentially burning it - you're not putting equity in anything and you're not building it up for a future - and that was really hard for me to reconcile."