#maybe i will just try to get a jumpstart on accruing money | Explore Tumblr posts and blogs

2024skin · 11 months ago

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Ok I don't think it's very realistic for me to leave the country within the next 3 years so instead of spending my loan money, I think I'm going to keep putting all of it + my own income into CDs, and then every time the CD ends I will pay off the original loan (so far, I've only taken out loans that don't collect interest until after the grace period) and then put the rest of the money + next semesters loan into a new CD.

In theory, if I keep doing this, I will make money off my loans and avoid collecting interest at the same time

#i dont make That Much money from a CD but i do make >0 just by doing nothing with it #and for my 1st CD i put in almost double what my loan was so theoretically im earning more interest than i am collecting debt interest #i mean. im not earning Any debt interest right now. but u get it. do u get it?#i understand that its impossible to get thru college without Any debt unless you are hella rich or lucky #but i Can get thru nursing school with 0 debt so instead of needlessly collecting debt #maybe i will just try to get a jumpstart on accruing money

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