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Second Job

December 6th, 2018 at 11:33 am

Aldi’s hiring event is today. I’ve only noted my availability for the weekends, pray for me that I get the job.

As a cashier the hourly rate is $12.70 and I think close to $18 as a manager. I really don’t care about which one is offered, so long as I land a job. The goal is to use all the funds from this job to throw at the student loans. I know I owe the money but the mere fact that when I pay extra it’s only to the interest it just burns me up.

In other news my phone crashed, I did trade it in for a new phone, the good thing is I paid cash. The bad news is it was $300. I did pricing refurbished phones 📱 , but this was cheapest (iPhone 📱) with the series (7) and space. I know why an iPhone? It’s one of those stupid loyal to the brand thing. One of the reasons why I didn’t stop adding to the EF when I hit $1,000 was because I was saving for the day this phone crashed. I’d canceled the insurance last year, and didn’t want to be locked into financing with the carrier again. That process always seems like it takes you years to pay off.

Other than that I have nothing to report

Posted in Reaching Financial Freedom | 4 Comments »

4 Responses to “Second Job”

  1. DW Says:
    December 6th, 2018 at 12:29 pm 1544099353
    1544099353

    Amber,
    Good idea on throwing extra money on student loans. Based on your description of the student loan , you really need to look at the terms of the loan. Your description reminds me of the housing loan crisis. A lot of people ended up with greater balances than the initial loan amount. You could have an adjusting variable rate with set payments that really don’t cover the entire monthly interest. That could be the reason why you can’t get ahead. Have you about refinancing both into one loan with your bank or credit union? Hopefully there are no pre-payment penalties.

  2. rob62521 Says:
    December 6th, 2018 at 03:31 pm 1544110261
    1544110261

    You are wise to try and pay down the student loans. You have made some great decisions on paying stuff off, so keep it up.

    As for the iPhone, well, I'm going to say this. You like it. You had the money for it. So don't beat yourself up over it. And smart move in not financing with the carrier again.

  3. crazyliblady Says:
    December 6th, 2018 at 05:41 pm 1544118112
    1544118112

    Have you contacted your student loan servicer to request refinancing? I did back in the 90s and it made a significant difference in my payoff progress, as I went from about 6% to 4%. It sounds like you got a good deal on the phone and it's great you paid for it with cash rather than financing. Good luck.

  4. livingalmostlarge Says:
    December 6th, 2018 at 06:34 pm 1544121292
    1544121292

    What are the interest rates? Can you consolidate some of the loans? It's impressive that you have paid off so many CC.

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