A Harvard MBA's radical quest to erase his debt
B-school grad Joe Mihalic went on an extreme financial diet to pay down over $90,000 in debt in just seven months and charted his story through an anonymous blogging project.
This is a great Home Buyer Quiz from Kiplinger. No matter how finanicially savvy you may be, I bet that you learn something new. I know I did!
Source: kiplinger.com
Sell your old textbooks to Chegg!
As you’re getting close to the end of the semester, it’s a good time to start thinking about selling your textbooks (after your finals, of course). Chegg is one of the best textbook rental companies, and they are very competitive when it comes to buying your used textbooks.
Head over to their site to get a quick quote, and compare it to your university’s bookstore.
Meet Dawn Loggins, an 18-year-old who went from a homeless dropout to a full ride at Harvard.
The journey for the 18-year-old began last summer when her mother and stepfather abandoned her. They dropped her off at a prestigious six-week summer school program and just never came back.
Loggins figured all she could do was go home to Shelby, N.C., for her senior year at Burns High School. Friends took mercy, letting her sleep on their couches. She hit the books hard, even enrolling in advanced placement classes. And she took a job at school as a janitor, cleaning before and after class.
“I’ve known I wanted to go to college ever since I was like 12,” she told The Daily. “I just made a decision to myself that I was not going to live like my family.”
Source: thedaily.com
It’s not what you know, it’s who you know and how much they like you.
If you enjoy the excitement of chasing someone down the street that just snatched your bag, then this backpack is for you.
Source: sprayground.net
Almost Half of Americans Give Themselves Low Grades for Financial Literacy
42% of Americans give themselves a grade of C, D or F when it comes to personal finance, according to the 2012 Consumer Financial Literacy Survey from the National Foundation for Credit Counseling and the Network Branded Prepaid Card Association. That’s up from 35% in 2010, and it suggests that the enduring slow economy is leading to some cathartic moments in millions of households.
On the bright side, they’re totally crushing it when it comes to spending money they don’t have.
Source: TIME
As you’re getting close to the end of the semester, it’s a good time to start thinking about selling your textbooks (after your finals, of course). Chegg is one of the best textbook rental companies, and they are very competitive when it comes to buying your used textbooks.
Head over to their site to get a quick quote, and compare it to your university’s bookstore.
Continuing Education May Make You Wiser — But Richer?
This is a great post on the Get Rich Slowly blog about the pros and cons of higher degrees.
Take a class online from Federal Reserve Chairman Ben Bernanke:
Federal Reserve Chairman Ben Bernanke is going back to school – and the public is invited to watch.
As part of his efforts to demystify the nation’s central bank, Bernanke has agreed to deliver four lectures to George Washington University.
The lectures can be viewed online starting at 9:45 a.m. PDT Tuesday.
Photo: Ben Bernanke. Credit: Alex Brandon / Associated Press
Source: Los Angeles Times
College Student Pays $14,000 Tuition In Singles

“You’re looking at all this money and you’re thinking ‘Wow, this is for one semester of school,” the out-of-state student told a Colorado news station about toting the cash to the bursar’s office in a duffel bag.
I love it. The cost of education is getting out of hand, especially considering the fact that there’s a lot of unemployed people out there with degrees. This is a great way to raise awareness.
Click here to read the full article.
The risk of unemployment among recent college graduates depends on their major. The unemployment rate for recent graduates is highest in Architecture (13.9 percent) because of the collapse of the construction and home building industry in the recession. Unemployment rates are generally higher in non-technical majors, such as the Arts (11.1 percent), Humanities and Liberal Arts (9.4 percent), Social Science (8.9 percent) and Law and Public Policy (8.1 percent).
College Is Still Worth It, But Jobs And Pay Depend on Major - Forbes
Gone are the days when a simple college degree would get you a job. Choose wisely!
Source: forbes.com








