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What Happens If You Don’t Pay Student Loans During the Coronavirus?

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There’s almost no aspect of life that hasn’t been impacted by COVID-19. When the viral outbreak surging worldwide, companies have been scrambling to find the best ways to support social distancing while keeping their business running.

Many people, however, are finding themselves without work and unable to repay debts, like student loans. What happens if you don’t pay student loans during the coronavirus lockdown?

Thankfully, the $2.2. Trillion Stimulus Bill passed March 25th to provide COVID-19 economic relief will automatically pause federal loan payments for a six-month period ending September 30, 2020.

After that, consequences of missed payments are likely to resume. Plus, there’s the complexity of private student loans, which have different terms and conditions.

Here is a guide to repaying your debt during (and after) the pandemic.

[Read more…] about What Happens If You Don’t Pay Student Loans During the Coronavirus?

IRS Home Office Rules: What Counts During the Coronavirus Pandemic

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With employees across the country now unexpectedly working from home, life is suddenly much different and it raises many questions. From how to stay productive in a house full of distractions, to the best way to set up a makeshift home office. You may be learning on the fly how to navigate these uncharted waters.

One topic that has come up is whether new remote workers will have any basis for taking a home office deduction on their tax returns. The answer is… it depends. [Read more…] about IRS Home Office Rules: What Counts During the Coronavirus Pandemic

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What To Do With Your Money During the Coronavirus Recession?

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How will the Coronavirus recession impact you, how bad will it get, and how long will it last? We’ll dive into all those answers, but before we get into the grim details, let’s consider the upside.

The coming months may be one of the best times of your life for wealth creation.

That is, if you play it right by conserving your money now, studying how to invest, and getting prepared to buy investments when they drop to new lows. [Read more…] about What To Do With Your Money During the Coronavirus Recession?

10 Ways Successful People Think That Make Them Formidable.

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How do successful people think and what makes them exceptional? While there are a lot of things to learn in life, some are invariably more important than others. The Pareto principle, perhaps better known as the 80/20 rule, states that in most realms of life, 20% of your effort will create 80% of your results.

The Italian economist and sociologist who discovered this was Vilfredo Pareto, who noticed that 80% of the wealth in England was held within approximately 20% of the population. [Read more…] about 10 Ways Successful People Think That Make Them Formidable.

7 Life Changing Books That You Need to Read

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A University of Sussex study found that reading for 6 minutes was able to reduce stress levels by more than two-thirds. Reading can also improve memory, shift mindset, and induce feelings of well-being.

Perhaps this is because the same neurological regions of the brain are stimulated by reading about something as by experiencing it. Wow, right?

With this in mind, it’s critical to be consuming powerful, life-changing literature.

Sifting through titles on Amazon (or Audible) can be cumbersome though. How do you know which are going to be worth the read?

I’ve got you covered! Below is a list of 7 life-changing books that profoundly altered the way I think, act and live my life. I highly encourage you to rush out and grab them today.

None of the books below are affiliate links and I have no connections with the authors, so these represent my unbiased opinion! [Read more…] about 7 Life Changing Books That You Need to Read

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