My wife and I were discussing this the other night and both of us thought it was ridiculous that they don’t teach a personal finance class in high school, at least not when we were in school. Is it any wonder that when kids go off to college they rack up so much debt? According to Nellie Mae, the nation’s largest maker of student loans, the average undergraduate has $2,200 in credit card debt! (bankrate.com)
As I mentioned in a post yesterday, this semester marks my wife’s last semester in college. She has been going part time for years and is finally wrapping things up in May. Oh I cannot wait! While she has been in college, we have always looked for the best deals for all of her textbooks, and even taking into consideration shipping charges from separate vendors, we think that buying all of her books used on Half.com has been the best way to save money on the textbooks. Case in point, our online shopping spree last night for this semester’s books.
Today we received my wife’s last student loan check for her education; she finally finishes school in May. Hooray! It is for quite a bit more than the tuition, leaving us with a few thousand bucks to “play” with. My thoughts on this are as follows:
