Wide-eyed, fresh out of college and tens of thousands of dollars in debt. It’s a reality many 22-year-olds face.

At 27, Ashley Keimach paid off $23,000 of student loans in half the expected time. Here’s how she did it. businessinsider.com/paid-off-stude…
To pay off her debt faster, Keimach worked on getting raises at her job. As her salary increased, she'd funnel the additional cash towards her loans, paying down the principal.

businessinsider.com/paid-off-stude…
Whenever Keimach received extra money or a raise, she would automatically put that extra cash towards loans instead of impulse buys.

businessinsider.com/paid-off-stude…
Since March 2020, federal student loan payments have been paused and interest rates set to 0% because of the COVID-19 pandemic.

Keimach saw this as an opportunity.
businessinsider.com/personal-finan…
Sign up for Insider’s first event in our #MasterYourMoney series, presented by @Fidelity, on May 18 to hear a live discussion on how to take control of credit and debt to build wealth in the long term.

event.on24.com/wcc/r/3107184/…

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More from @BusinessInsider

7 May
Every year, Keukenhof (@visitkeukenhof) opens its doors in Lisse, Netherlands, to show off its world-famous tulip garden. However, due to shutdowns, its doors remained closed in 2020 for the first time in 71 years, costing between 5 and 10 million euros.
Knowing a shutdown was likely again this year, Keukenhof, which roughly translates to "kitchen garden," had to make a choice: Plant everything as usual, or plant a more modest garden. They took the risk, but this year's opening has already been delayed.
To better understand the hard work and effort that goes into getting this garden into shape, let's play some tulip trivia! How many tulip bulbs get planted at Keukenhof?
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4 May
Hong Kong has the most expensive housing market in the world, but the problem isn’t land scarcity.

We break down why living in Hong Kong is so expensive — and what the cost means for the city’s population.

Over the last 12 years, properties in Hong Kong have more than tripled in value.

Today, on average, a Hong Konger would need to save their full salary for 20 years in order to buy a home.
The average rent in Hong Kong is nearly twice that of London.
Read 15 tweets
4 May
Bill and Melinda Gates’ divorce settlement puts nearly $150 billion at stake. And per filings seen by @TMZ, the couple never signed a prenup but have a "separation contract" that stipulates how they will split their property.

Here’s how that will work. 👇
businessinsider.com/bill-gates-mel…
A prenup is a legal agreement signed before marriage on what will happen with a couple's assets in the event of divorce or death.

A separation contract lists rights and obligations, such as child support and custody, and is signed outside of the court. businessinsider.com/prenup-myths-y…
In the divorce filings, the couple asked for their real property, personal property, and debts to be split according to their separation contract. Melinda did not ask for spousal support.

The filings include a trial date of April 4, 2022. businessinsider.com/bill-gates-mel…
Read 6 tweets
3 May
In this week’s #MasterYourMoneyBootcamp, we’re going to be counting your coin, all of it. It’s time to calculate your net worth. 🤑

Presented by @Fidelity Investments.

businessinsider.com/master-your-mo…
Before we get started, let’s get some definitions in check. Net worth is all about the big picture, and it can help you understand your financial health at a particular moment in time.

businessinsider.com/master-your-mo…
Step 1: List out everything you own that has substantial value. While this does include some intangible assets like your investment accounts, it does not include your salary.

businessinsider.com/master-your-mo…
Read 6 tweets
18 Apr
"They kicked us to the curb like we were a worn pair of shoes."

Workers in the battered hospitality industry know tourists are returning, but they're worried that the jobs they relied on aren't coming back. Thread. 👇

businessinsider.com/hotel-workers-…
About 3.5 million leisure and hospitality jobs disappeared during the pandemic.

Insider spoke with six workers, including two who have returned to work. But others fear they won't be going back anytime soon, as competition for existing jobs is fierce. businessinsider.com/hotel-workers-…
Rosa Leon is a housekeeper at the Hilton Americas-Houston. Since returning from furlough, her workload has increased dramatically.

She said she does not drink water on the job because she rarely has the time to use the bathroom.

businessinsider.com/cdc-fully-vacc… A screenshot taken of the article. It reads: Before the pandA quote from Rosa Leon, a housekeeper at the Hilton Americas
Read 8 tweets
13 Apr
Stanford economics professor Nick Bloom spoke at a TEDx event in 2017 and explained how working from home can change the world. 🏠👩‍💻

But a year after the #COVID19 pandemic forced many into doing just that, Bloom now warns of imminent turmoil. businessinsider.com/wfh-expert-eco… Image
Bloom has led studies on the work from home life years before the working from home surge.

Post-pandemic life has major companies like Microsoft, Google, and Facebook reaching out to Bloom to help with solutions to their employee's questions. businessinsider.com/wfh-expert-eco…
From the beginning, Bloom has recommended that companies adopt a partial work from home policy: 1-3 days at home and the rest of the week in the office.

He's urged companies to resist offering the unlimited freedom that employees have come to expect. businessinsider.com/wfh-expert-eco…
Read 9 tweets

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