I used to work for $10 an hour, 50 hours a week. But recently I got a hefty raise to $15 an hour. I thought I was finally making some progress but as it turns out, more money more problems.
I enrolled in the REPAYE program for 2 of my fed loans when I used to make $10. Combined I paid no more than $60 per month. But after I got my raise, and had to update my info for the REPAYE program, now I have to pay a combined $128 per month. On top of Navient's $135 and Citizens Bank's $200. I'm drowning.
Lately I've been reading more and more about financial literacy, and am thinking about what I can do to put myself in a position to attain financial freedom. As a graphic designer, I figured one way of making passive income is to create graphics and sell them in an online marketplace. But of course these things will take time. I was also told about creating an LLC or corporation to put my money through, and this that and a third but my mind is melting, I have no financial literacy...
Do you have any advice for someone in my position?
Submitted September 04, 2018 at 10:02AM by bl4sian89 https://ift.tt/2PD66Vm
