Eat the debt comes in the form of student credits. Not really that you shouldn’t try function with with them, that ought to the first thing you complete. You’re just trying to go over a rough spot.
Over 10 years ago, my wife and I graduated from college and our monthly credit card debt exceeded our income. While in graduate school, and my wife completing her undergraduate school, we were married and lived in a 600 square foot apartment.
Most service business do not require customers to come to their place of business anyway. All business transactions are done by telephone. Advertise your telephone number not your address. Even if you are giving you customers 30 days to pay, give them a box number to respond to. Mail boxes can be rented from the US Postal, Mail Boxes or US, The UPS stores and other places as well.
Remember, you are never alone in your struggles. If you believe in prayer, it can help in difficult times like this. Prayer is not necessarily the solution to our economic problems, but something that can help give us the strength to get through tough times. Whether you have religious belief or not, if you need support, speak to trusted family members, friends and professionals who can help give you the support you need to make it through. Nothing lasts forever in life. That’s a given.
I even called a micro-lender in late December. They wanted several years of tax returns, a formal marketing plan, a long application filled out, and collateral. They’d even accept cash as collateral. Wait, what? I wasn’t born yesterday. I’m not going to give cash to someone so that they can turn around and lend it to me at a significant rate of interest.
How about going back to school for a masters degree? Do you want to have kids in the near future? Will you be paying for your children to go to college? As you can see, mapping out your future financial plans before you get hooked on an expensive mortgage payment you really can’t afford down the line is a wise idea.
Now, if Daddy has $150,000.00-$200,000.00 lying around and wants to send you for a legal education, it really doesn’t matter whether you meet the requirements to get into a good law school or you are going to a bad law school. If you are going to law school on somebody else’s dime, it’s all good. You get to be a lawyer. It’s not going to cost you anything but your time. That’s great. Go for it.
I feel like I don’t have a voice. There is a serious small business credit crunch going on, and the federal government just seems to make it worse. Yet they find $535 million for a “green” company funded by a campaign contributor. That’s just not fair.
where can i get a loan if unemployed’s up to you to make the sales calls, send letters, mix and bottle the product, ship it, bill the customer, do collections, and keep the IRS happy. I was looking for where can i get a loan if unemployed on the web and https://nearmeloans.com/ and hundreds of others popped up. You have to know the local rules for businesses, pay your local and state taxes, keep up on Environmental Protection laws, find the best shipper, and know everything there is to know about the product and its application.
I’ll give you an example. I went to a top-100 law school. A buddy of mine graduated with a job paying $30,000.00 per year. He had $100,000.00 in loans to pay when he graduated, and it broke his back for a long time. He was paying nearly half of his paycheck out in loan payments every month for the first few years of practice. He stayed thin by living on Ramen noodles. It wasn’t much fun.
Another requirement may be that you have to remain at the company for a specified period of time after receiving the degree. If you don’t, you would be required to repay the company for any college tuition and benefits.