One size “fits” all

There is no one-size-fits-all solution when it comes to debt payoff [Image] ThePennyHoarder.com July 5th, 2019 Happy Friday! We hope your holiday was a good one and that this whole “random Friday that didn’t quite warrant a long holiday weekend” flies by. Today, we’re talking about why debt payoff plans aren’t one-size fits all — and how to make one that works for you.  But first… Join the Club Not many people can claim to be card-carrying members of the Perfect Credit Score Club. (OK, so there aren’t membership cards — but there are bragging rights!) And that’s because it’s a pretty exclusive club: At any given time, only about 1% of people can claim they have a perfect 850 credit score. Not one of them? No worries — a perfect credit score isn’t out of reach if you work at it. Let the [free credit monitoring service Credit Sesame]( be your guide. Nickel and Diming When it comes to adding to your bank account, is any number really too small? What about nickels? Yep, that loose change in your pocket could be worth more than you think: Some people have started hoarding nickels as an investment. Find out why nickels [could soon become rare and valuable commodities](. One Size “Fits” All Unless we’re talking those weird, stretchy popcorn shirts from the 90s, it’s safe to say that while one size may “fit” all, one size decidedly is not always a good fit for all. Either you end up swimming in yards of unnecessary fabric or you lose mobility in your shoulders — and neither is a great option when it comes to clothing. Why not just find the shirt that works best for you?  In the same way (you knew there had to be more to this than T-shirt sizing, right?), figuring out the best way to pay off student loans isn’t a one-size-fits-all solution. (Ah, there it is.)  The slightly nerve-wracking news? You’re going to have to figure out the best method for you when it comes to paying off debt — probably through a lot of trial and error. The good news? Plenty of people have gone before you in the great debt-payoff journey and are willing to share their methods with those of us who are still trying to determine the best path forward.  One of those people is Briana Browne; this 24-year-old recent college grad shared her strategies for paying off $30,000 in two years with us — [and now we’re sharing them with you](.    [Image] WORD OF THE DAY On-campus jobs (n): Jobs college students can get that allow them to earn money to put directly toward school-related expenses. There are a few different types of on-campus jobs: Work-study jobs, which usually involve civic education or work related to your major, hourly employment not funded by the government (like in the library or a residence hall), and jobs at private companies that just so happen to be on campus (like the Barnes & Noble bookstore).  Confusing, we know. To complicate things further, not all work-study jobs are technically on a campus — some are at places like nonprofits and government agencies. The type of on-campus job you get depends on what you’re eligible for and how soon you apply, but keep in mind that not all on-campus jobs are created equal; there are plenty of benefits and drawbacks to each type. Either way, an on-campus job can be [a smart way to start paying for your college education as you go]( so you can avoid taking out as much in student loans.  [The Penny Hoarder] [Facebook]( [Instagram]( [Twitter]( [YouTube]( The Penny Hoarder | 490 1st Ave S, Suite 800 | Saint Petersburg, Florida 33701 | United States  You can [update your mailing preferences here]( or [unsubscribe]( from all email from The Penny Hoarder.  Questions? View our [Privacy Policy](  Having trouble reading this email? You can [view it online](