We’ve all heard the saying “mothers know best”. As much as I sometimes didn’t want to admit it while I was growing up, I knew it was true. To this day, I don’t know how my mom always knew the right thing to say or the right advice to give, no matter the topic. As I grew up and my problems shifted from not getting invited to a birthday party to adult problems, like paying bills, my mom was still always there with just the right advice to give.
One of the biggest leaps into adulthood is going off to college or more importantly paying for college. With the astronomical price of a college education, loans are essential for many of us, including myself. When you’re applying for those loans, the amounts feel as though they just consist of Monopoly money. Since you never physically see the money, it can feel like it’s all just a game…one where you’re always the winner that is until reality sets in. That reality comes the day you have to start paying back your loans.
I remember that time of my life very well. Being fresh out of college with a low-paying job, college loans were the last thing I wanted to think about. But, it comes with the adult territory. I remember wondering how I was ever going to pay all that money back. After all, it was Monopoly money, right?
What do you do when you need advice? Go to mom of course. I told my mother all my financial worries about paying everything back and on time. I remember her telling me to pace myself. She told me I shouldn’t get overwhelmed. It was going to take time to pay back all that money, but it would happen. She also told me I was in the same situation as millions of other college students. I was not alone. But, if I just took my time and kept my eye on the prize (paying everything off), it would get done. She told me to make sure I made the payments on time and was consistent. This needed to be part of my monthly bills, just like a car payment or utility.
As you can guess, she was right. Although it took me ten years, I did pay off all of those college loans. By listening to my mother and keeping my eye on the prize, I was able to overcome all of that debt despite how overwhelming it was at the time.
The advice of not getting overwhelmed when bills get the best of you is something I keep with me to this day. As I got older, the bills multiplied and got bigger, of course. But, I continue to pace myself and just do what I have to do. I make the payments and don’t fall behind. You know what? In the end, they all managed to get paid no matter how impossible it seemed at first.
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This is a sponsored conversation written by me on behalf of SunTrust. The opinions and text are all mine.