tag:blogger.com,1999:blog-1640294796027447349.post8147897198977161156..comments2011-11-13T21:48:52.580-08:00Comments on No Debt MBA: I got in, now what?No Debt MBAhttp://www.blogger.com/profile/00652771193703317326[email protected]Blogger9125tag:blogger.com,1999:blog-1640294796027447349.post-22429893478188872982011-11-13T21:48:52.580-08:002011-11-13T21:48:52.580-08:00I say buckle down and pay off that debt, then buck...I say buckle down and pay off that debt, then buckle down even more to save up for a down
payment for that house.
Expatriate Australian Mortgagehttp://www.mortgagebrokeraustralia.org/expatriate-australian-mortgage/[email protected]tag:blogger.com,1999:blog-1640294796027447349.post-48813615128483338892011-11-13T21:41:53.323-08:002011-11-13T21:41:53.323-08:00Their debt is almost as much as they make gross (I...Their debt is almost as much as they make gross (I am assuming) per year.... and now they
want to add a HOUSE on top of that?
Company Home Loanhttp://www.homeloanexperts.com.au/borrowing-with-a-trust/company-home-loan/[email protected]tag:blogger.com,1999:blog-1640294796027447349.post-74195008538806066302011-09-02T05:36:24.260-07:002011-09-02T05:36:24.260-07:00Go for it. I'm working on a debt free PhD righ...Go for it. I'm working on a debt free PhD right now. It's been tough
telling no to going out to other students in my program, but I'll be glad not to have their student
loans at graduation.
Tri Davehttp://www.blogger.com/profile/18417844161594814357[email protected]tag:blogger.com,1999:blog-1640294796027447349.post-46437507150440884972011-08-18T07:23:31.772-07:002011-08-18T07:23:31.772-07:00Impressive goal! Good luck trying to accomplish it...Impressive goal! Good luck trying to accomplish it! I just graduated and unfortunately have
over $100k in debt - yep, sucks. But my goal is to pay it all back in 3 years and I'm doing some
pretty drastic things to make sure I succeed. <br /><br />You don't go into specifics
here but I think the main thing with graduating bschool with no debt comes from the planning and discipline
before you actually get in. I try to tell people that all the time. I wish I'd known better. <br
/><br /><a href="http://casuallycorporate.blogspot.com/" rel="nofollow">My So-Called
Corporate Life</a>
Iviehttp://www.blogger.com/profile/01949734140712408384[email protected]tag:blogger.com,1999:blog-1640294796027447349.post-87189078562795603422011-08-05T09:43:25.831-07:002011-08-05T09:43:25.831-07:00This is really great goal you have! And I read fro...This is really great goal you have! And I read from another post that you got a fantastic
grant to help you. Brilliant. <br /><br />I had a similar goal before I went to school (wharton)
in 2008 and here was my experience:<br /><br />I saved 250k - with 180 of that in cash. I also
worked in banking on my internship in the summer of 2009 so I had a nice supplement there. <br /><br
/>The obvious advantage was that I had the luxury of making choices about my activities during school,
about my chosen career path etc etc without the worry about loans or debt etc - not everyone could do the
same and I think that may put a dampener on the whole bschool experience<br /><br />However, and
to my immense surprise, bschool is a LOT more expesive that your budget could ever capture. I simply had no
idea that a rugby trip to Argentina was even going to be on the agenda! And right now, it is "easy"
to say you would never strech your budget that way, believe me when you have these types of amazing options
available to you, you will say "yes" at least once. And what a shame if you didn't
suck the marrow while you had a chance. I'm sure glad I did because life after school sucks ;)<br
/><br />I'm not sure what school you are going to, but my suggestion would be to see if you
can talk to some second years and hear what trips and programs they took part in, how much those cost and
pick and choose a couple you would like to get involved in. Budget for them with a +20% buffer. I can't
explain why that happens (we were all financial modeling geniuses after all, but not one of us could get
these budgets right - oh, that's right we were drinking copiously at the time).<br />- Budget
for the parties and alcohol. I had no idea just how frivolous we could get. It's just that everyone
is catching their second wind after years of being focused and hard at work to get into b school. Budget a
lot because even if you are not a big drinker, you will be going to many "themed" parties
(I think I spend 1000 bucks on costumes for these things over my blissful tenure)<br />-Basically have
a great time. You will realize quickly that you simply won't be able to do everything you want to at
school. Pick a few things that bring you the greatest happiness and focus. Just don't let money be
the deciding factor about how you choose to build those great memories.
Anonymous[email protected]tag:blogger.com,1999:blog-1640294796027447349.post-48786189027069460732011-08-04T18:27:07.469-07:002011-08-04T18:27:07.469-07:00I just found your blog via Get Rich Slowly. I'...I just found your blog via Get Rich Slowly. I'm interested to read along as you
start your degree. I just graduated from college - 5 years, including one abroad, on full academic
scholarship - and am starting graduate school. I'm in engineering, so I'm getting paid to go
to graduate school, but the finances of living in California were still a little scary . . . But your goals
are quite lofty and I'm sure your progress will be inspirational!
maliyastravelshttp://maliyastravels.wordpress.com/[email protected]tag:blogger.com,1999:blog-1640294796027447349.post-51040221179594206872011-05-25T11:03:32.153-07:002011-05-25T11:03:32.153-07:00Matt, great to hear from someone else who feels th...Matt, great to hear from someone else who feels the same about student loans and great
point about freedom in your career. I wish you the best of luck on your applications.
No Debt MBAhttp://www.blogger.com/profile/00652771193703317326[email protected]tag:blogger.com,1999:blog-1640294796027447349.post-55998123133641180202011-05-25T10:36:47.898-07:002011-05-25T10:36:47.898-07:00A worthy goal! I've been putting together Top ...A worthy goal! I've been putting together Top 5 applications myself for Fall 2012
and have desires similar to your own. After all, what's the point of gaining the vocational freedom
offered by these programs if you simply become a slave to interest in the process?<br />I'll
be following your progress closely. You've earned a spot on my RSS feed.
mattu00http://www.blogger.com/profile/07912955141080425599[email protected]tag:blogger.com,1999:blog-1640294796027447349.post-55782225008534959522011-05-17T14:54:37.832-07:002011-05-17T14:54:37.832-07:00Be first in your class at the end of the first yea...Be first in your class at the end of the first year.<br /><br />Be the student
who did the most for the school.<br /><br />Offer serious review sessions before finals for
students who are having difficulty (review your review with the faculty before you give it)<br /><br
/>The second year will cost you nothing.
edwardhttp://www.blogger.com/profile/01194794649408885319[email protected]