Steem and Student loan debts
What's popping?
I was going to worry about my future , then I changed my mind. Since I want to go to a very good cat university in Korea, I need to study REALLY hard. What else do I need to have other than knowledge to get into this university? You guessed it right, money. Everything seems to be about money now. Sad, but true.
Hey, fun fact. The average student loan of 2017, is $39,400. Up 6% since the previous year, according to: https://studentloanhero.com/student-loan-debt-statistics/
In the first paragraph of this (https://www.brookings.edu/blog/up-front/2018/02/16/more-students-are-taking-on-crippling-debt-they-cant-repay-its-time-for-higher-education-to-share-the-risks/) article, it says that student loans are now the second largest source of consumer debt after housing.
Sound crazy, I know. Now, do you want to know why I'm not worried?
I've done some simple calculations, of how much money you could earn for college since you're 14, starting at $5 a day. Now your income usually increases after you Steem for a while, so the income I'll be posting will be sort of realistic. Let's say we don't go on Steemit everyday, maybe around.. 320 days a year.
Age....Average income per day...Total per year (320 days)
14.......$05.....................................$1600
15.......$10.....................................$3200
16.......$15.....................................$4800
17.......$20.....................................$6400
And by you are 17, you have $16000. Now let's say you continue until you finish college. 21, how's that?
Age....... Average per day....Per year
18.......... $20........................$6400
19...........$25........................$8000
20...........$30........................$9600
21...........$35........................$11,200
By the end of that, it's $51,200
Still wondering why I'm able to relax? ;)
Your MAMA is feeling much more chilled too!! Way to go!! steem on Nabi... you are GETTING IT!!! :)
So great that you're already thinking about ways to save money for your future. Sadly, I took out many student loans, which are now looming over my head. So I just moved to Thailand instead of paying them! haha... (Not the best advice. I like your plan much better!) Keep at it, and this could definitely be a reality.
Brilliant speculation.. also the sweet stuff is the compound "interest" in raising steem value and growing your account, rep and following.
Those will all significantly help take care of life bills.. that's a strong vision to hold onto and one that as we look around the platform a very modest and realistic goal.
Now to help keep watering your budding seed and get up to that $5 target! ❤️💯
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