Stock investing for dummies – Strange Ways People Are Paying Off Student Loan Debt

Stock investing for dummies

I paid off my student loans using a quite innovative method. Aside from transferring a specific amount each month to pay off the loan, I did another thing.

For all purchases I made (say buy a banana for $0.50), I would round up to the nearest whole dollar and put the difference towards my student loans.

I had an app from my bank that made it easy to transfer the small amounts to the account when I made a purchase.

Transferring these small amounts made a huge difference in the end, yet I didn’t really feel the effect on a day-to-day because of just how small the amounts were.”

-Carl – MoneyMow.com


stock investing for dummies

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