Extra cash in your bank account could mean a lot of positive things for you. You could pay down debt with it—especially those student loans. You could jump-start your savings, particularly those of you who have been procrastinating about funding that cash cushion you know you need. You could certainly add to your retirement nest egg. You could do a laundry list of things with that extra money that would certainly be a benefit to you as long as you used the money in a positive way and didn't just blow it. So many times, unfortunately, we do just that.
We come into windfalls—big chunks of money beyond our normal weekly, monthly, or annual income—and, in short order, we've squandered the money. When I talk about windfalls, I am not talking about winning the more common windfalls that happen to people every day. It might be a tax-refund check, maybe an annual bonus on the job, or even some unexpected money that comes your way because of a lawsuit or a life insurance policy in which someone named you as a beneficiary. In your case, you may have received a nice chunk of money from your family upon graduation. All of these events, and others, constitute financial windfalls in our lives. And obviously, all these large cash infusions could be readily used to help you tackle college debt and other bills you are nowjuggling.
So where do you find extra money? There are some ongoing ways in which you might reap your own personal windfall by generating additional cash and finding extra money that you may not have even known was due to you.
Unlike investing, where you have to put up money in order to generate a financial return, none of the ideas I'm about to share with you will require a single dollar out of your pocket. They all, however, will require your time. And if you're willing to spend a little time implementing these strategies, you'll find yourself flush with extra cash in no time flat.
Article Title : How to Find or Create Extra Money, Part 1
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Education is one of the most basic right of any human, but with the increase in prices and the costs involved in education this has made these rights turn into a privilege which very few can enjoy. Any normal person today in the whole of United States has to take an education loan at one point of time to pay for their education fees.
The federal student loan consolidation program is intended to help students better manage their loans. Because getting higher education is expensive and millions of students rely on student loans to finance their education, federal loan consolidation provides a break for graduates with debt.