OCOM’s Post

💡💰 Would I tackle student loans or invest my money? First things first, I would check the cost of capital for the student loan. If it’s at a low 2% or 3%, and the risk-free rate for bonds is around 4.5% to 5%, I’d say it’s not a rush to pay it off. 📈💼 But… If you’re dealing with bills hovering at 20% to 30% interest, that’s a whole different ball game. So, it’s all about assessing the numbers and making a smart money move.💸 #motivationalvideos #success #business #personaldevelopment #inspirationalvideos #college

The Public Service Loan Forgiveness (PSLF) Program is a helpful option for forgiving student loans faster, no matter how large your loans are or how much you have paid back. You may qualify if you work for a government agency or certain not-for-profits. Read more about how to qualify and apply for PSLF. https://lnkd.in/ea3C7eC #PSLF #NASWWI

Should I invest or pay off my student loans at 3.76% IR in this economy? #Is It Better to Invest or Pay Off Student Loans? If you're in a situation where you have 7k left on your student loans with a 3.76% interest rate, you may be wondering if it makes more sense to make minimum payments on the loan and invest any excess money in the market. This is a common dilemma that many young professionals face, especially in today's economy. In this article, we'll explore whet... Source: https://lnkd.in/gb7UUk2i #mymetric360

Should I Pay Off $22k Loans with $50k Savings at 24? #PayingOffStudentLoans #InvestingSavings #FinancialAdvice Consider Your Options At 24 years old with $50k in savings and $22k in federal student loan debt, you are in a good position to make a decision about your finances. Before deciding whether to pay off your loans, consider the following factors. Evaluate Interest Rates Take a look at the breakdown of your student loans. Notice the varying ... Source: https://lnkd.in/g7RXdP_S #mymetric360

🎓📚 Invest in your future with home equity! Use it to fund education and set yourself up for higher income, potentially with better terms than student loans. Ready to hit the books? #HomeEquity #InvestInYourFuture #EducationGoals #SmartFinances #PreferredRate

🎓📚 Invest in your future with home equity! Use it to fund education and set yourself up for higher income, potentially with better terms than student loans. Ready to hit the books? #HomeEquity #InvestInYourFuture #EducationGoals #SmartFinances #PreferredRate

🎓📚 Invest in your future with home equity! Use it to fund education and set yourself up for higher income, potentially with better terms than student loans. Ready to hit the books? #HomeEquity #InvestInYourFuture #EducationGoals #SmartFinances #PreferredRate

The notion that all student loans are inherently bad is a common misconception. Federal student loans often come with lower interest rates and more flexible repayment options than private loans, making them a more manageable choice for many students. These federal loans include benefits like income-driven repayment plans, deferment options, and forgiveness programs, which can provide substantial relief and support post-graduation. By understanding the differences and advantages of federal loans, students and their families can make more strategic financial decisions. #MythbusterTuesday #FinancialAid #StudentLoans #HigherEducation #FinancialPlanning

🎓📚 Invest in your future with home equity! Use it to fund education and set yourself up for higher income, potentially with better terms than student loans. Ready to hit the books? #HomeEquity #InvestInYourFuture #EducationGoals #SmartFinances #PreferredRate

🎓📚 Invest in your future with home equity! Use it to fund education and set yourself up for higher income, potentially with better terms than student loans. Ready to hit the books? #HomeEquity #InvestInYourFuture #EducationGoals #SmartFinances #PreferredRate