Connect with us

Lifestyle

The Real Student Lifestyle

Education, Education, Education

When he gave up a reasonably paid job to go to university in the middle of the last decade, our twenty-something man, much like your son’s and daughter’s, was brimming with confidence; it was new life to look forward to. He was under no illusion of it being an easy few years and expected to acquire some debts as a student ahead of a great new career in his chosen field. He made friends, went out a few times but never overspent and always made sure to keep the debts in check. He didn’t need to work – and the university tried to discourage students getting work – but he always managed to find short contract work between terms. It was a comfortable life and an evening out in the student bar was a rare luxury for this student who was so concerned with financial stability and self-sufficiency. He spent more evenings in the library with a pile of books on his table than in the bar with a collection of beer glasses.

Graduation – What Next?

Three years have passed and our student has a good degree from a good university and is being encouraged to enter into post-graduate study by his peers. He is concerned about the financial commitment of not having a regular student loan and the economy is in a precarious position. He is also concerned about how much work he is going to reasonably get over the next two years while he studies and how well paid it is going to be. He takes the chance anyway; he is committed to his intended new career and short term financial difficulties cannot be allowed to suppress his ambition and desire to make a career in the field. His post-graduate degree will allow him to get where he wants to go and perhaps by the end he will have a career in mind. He is still largely positive about the future.

Who’d be a Student?

Our student, despite working as many hours as he is able, can only watch as his credit card debt increases. Despite being signed up with multiple employment agencies, he often goes many weeks without work. Being entitled to no financial help, he has no choice but to continue to ask his employers to put as much work as possible his way. As a student without a regular and solid income, no credit card company will offer him a contract so he cannot transfer his balances and save some money through interest-free deals. When he graduates, he is unemployed for many months and by the time he starts a job, he is thousands in debt.

Mastering the Art of Debt Management

This debt caused our student a lot of stress while he studied and when he finally got his first job after graduation, he looked into the many ways available to begin paying back the debt. He considered opening credit cards with long interest-free periods; he also considered a long-term loan and he also considered a debt management plan with one of many online companies specialising in consolidating your debts and working with you to set up a regular, affordable payments. These businesses do the hard work for you. In one simple phone call, email or online application they will contact all of the companies to whom you are indebted so you don’t have to. This takes away a lot of the stress of worrying about how you are going to juggle all of your bills, loans and credit cards around your monthly wages. Our student had a good credit history because of his working status before going to university but many others are not so lucky. Those students who had only known education have rarely had the opportunity to build up a credit history, even if they have a good job after graduation. Luckily, these debt consolidation companies are not concerned about your credit history, only your current financial situation. Debt Management was the right solution for our student.
Jasmin Bluntt is a recent graduate who experienced some of the events and financial difficulties discussed here. Debt Management in recent years is increasingly being considered as an option for people from all walks of life in these difficult economic times.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.

Recent Posts

Business3 days ago

Why Is Quantity Surveying Essential in Construction Industry

Quantity surveying is an essential part of the Australian construction industry. It is the process of calculating and estimating the...

Home Improvement5 days ago

How to Maintain Upholstered Furniture

No matter if you have pets or kids, maintaining your upholstered furniture is quite a challenge. Even though vacuuming it...

Business1 week ago

How Do I Find a Good Bubble.io Developer?

Finding a good bubble developer to help build your app or digital product can seem challenging. How can you choose...

Home Improvement2 weeks ago

When is a right time for home repairs?

Summer is a popular time for a renovation around the globe. While it is true that bright days and warm...

Top Alteryx Competitors Top Alteryx Competitors
Tech4 weeks ago

Top 15 Alteryx Competitors

The world has seen a tremendous rise in startups and new incorporations in the business world. Companies have great potential...

Lifestyle1 month ago

Latest Wedding Trends for 2023

If you’re planning on getting married this year, chances are you’re probably overwhelmed and confused when it comes to wedding...

Lifestyle1 month ago

Tips To Make The Most Of Your City Break In London!

London is one of the best cities in the world, known for its quintessentially British culture, great nightlife, fantastic museums...

General1 month ago

The Ultimate Guide To Packing For A Trip To London

London is one of the best cities in the world, known for it’s rich history, quintessentially British culture, the best...

Tech2 months ago

Top 15 Web Development IDEs

The web development field has seen sustainable growth throughout the years. As technology is advancing, so is the web development...

devops devops
Tech2 months ago

12 Key DevOps Programming Languages to Still Popular in 2022

“DevOps is not a goal, but a never-ending process of continual improvement.” – Jez Humble Delivering the finest of services...

Entertainment2 months ago

Festival Fashion Style Tips For 2022

Summer is well and truly here and with that comes the festival season! From the biggest stars performing on stage...

Green & Energy2 months ago

4 Tips For Making Your Wardrobe More Sustainable

Everyone is trying to make more of an effort to make their wardrobe more sustainable, but often are unsure where...

General3 months ago

7 tips on how to organize a budget-friendly move

If you are planning a move any time soon, you might be worried about all the expenses that wait for...

Metal Roof Colors Metal Roof Colors
Home Improvement3 months ago

Metal Roof Colors: How to Select the Best Color for a New Roof

Choosing the right type of material for your roof is enough of a hassle already that the question of choosing...

Health3 months ago

Simple Ways To Feel More Confident At The Gym

If you are new to the gym, or you haven’t been in a while, sometimes you might not feel completely...

Categories

Archives

Trending