Just just How quickly should you spend your student loans off? Two cash specialists share their tales

Just just How quickly should you spend your student loans off? Two cash specialists share their tales

Bridget Casey and Robb Engen are a couple of of Canada’s best-known money bloggers — and, like at the least 50 % of college graduates in Canada, that they had figuratively speaking.

Casey, 33, the creator of economic literacy site cash After Graduation, completed her undergraduate level with around $21,500 in federal government figuratively speaking after which utilized a personal credit line to fund element of her MBA. Engen, 40, a fee-only economic consultant and daddy regarding the Boomer and Echo cash we we blog, left college with almost $30,000 with debt.

The stories of the way they repaid that load could be more different n’t. Yet, the advice they need to today’s graduates is remarkably comparable.

Burning that learning student financial obligation: Casey’s tale

Whenever Casey completed her study that is undergraduate she determined to incinerate her stack of pupil debt at record speed — and she did. In only 22 months, at age 27, she had been able to repay the national federal government in complete, a feat that helped propel her to the top echelons of Canada’s money blogosphere. Continue reading “Just just How quickly should you spend your student loans off? Two cash specialists share their tales”