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Loss isn’t failure — it’s proof you showed up. In this unapologetic, fire-starting blog, we flip the script on money mistakes, life detours, and hard lessons. Because every time you fall flat, you’re collecting evidence that you’re still in the game. And one day? You’re gonna cash in those receipts for something maybe big. Welcome to the truth behind the glow-up. It starts with a fall, not a fortune.
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how to calculate student loan debt it’s scary!!!
Student loans sting most 20 year olds into their adult life and beyond reducing the possibility of buying a house and living securely. Don’t get me wrong though, if you can get a student loan that generates a job and income of more than the loan in a few years you can pay it off nice and easily but if your on a low income with this amount of debt it can be a massive burden.
First see if there are any grants (free non repayment loans) and internships (earn while you learn)
Here’s an example schools don’t teach you!
Student loan £60k
Interest 2%
Loan term 20 years
Repayment every year = £60k + 2% = £61,200
Repayment over 20 years £60k plus £2,100 x 20 = £42,000 + £60k = £82k total repayment divided into 20 years is
Total capital & interest repayment is £4,100 per year x 20 years is £82k
That’s £341.66 per month for 20 years
If you can pay lump sums off asap this will reduce the interest liability and save you £2,100 interest a year accumulative.
Make the long term calculations, not just the short term
Good luck
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