Educated but broke: You are too smart to be this broke.

By John Cook

All of my friends have student loan debt. All of them. It's shocking and initially hopeless. Student loan debt has become the norm for many 20 to 40 somethings and the idea of living a life without the burden of Sallie Mae or the US Department of Education is laughable. Even talking about paying off student loan debt early triggers countless eyerolls and the all to common statements like "yeah but we live in _____ (insert any metro city here)" or "we don't makeenough money" or "we're waiting for the government to forgive our debt".For a long time, John was part of this group: educated, motivated, dual-income households achieving economic success. Accomplished young professionals who drove nice (leased) cars, while living in major-city apartments or lofts where rent consumed 40% of ones post-taxincome. Spending alot but saving very little. My friends and colleagues jokingly called this slice of society the educated but broke.It wasn't well into John's early 30s and $170,000 dollars of student loan debt later, did he realize that he was one of them. Seeking the wisdom of mentors who've created generational health, John took their advice and created a plan that enabled him to pay off over $170,000 of studentloan debt in 24 months. More importantly, he realized that on the path to true wealth creation, there were 8 money lessons which need to be mastered.Educated but broke outlines both the path to student loan freedomand the 8 money lessons to true wealth creation, including:1. Why your student loan interest is really keeping you broke2. Calculating the true cost of your loan3. Realizing that your FICO score is the greatest scam in modern America4. Why your life is better with no credit card debt, and how to get there5. How to determine to you pay off debt before contributing to your 401k6. Refinancing your debt can save you money if done correctly7. Accepting that government will never forgive your debt, and what to do now8. How to turn your money into more money with a written budgetwww.educatedbutbroke.com

• Format: Paperback
• Language: English
• ISBN: B08KBMHNCN
• ISBN13: 9798691358913
• Release Date: September 2020
• Publisher: Independently Published
• Length: 116 Pages
• Weight: 0.29 lbs.
• Dimensions: 0.3" x 5.0" x 8.0"