Can Adult Education Help You Become Debt-Free?

John and Jane Doe desperately want to be debt-free. They’ve sliced and diced their credit cards and cut their expenses until they’re living on next to nothing but macaroni and mooched meals off relatives. They recycle and reuse. They never go out like in the good old days and a night of fun is a dollar movie rental with cuddling on the couch and microwave popcorn. They only wash clothes, with cold water, on Thursday nights. They’ve turned down the thermostat, turned off the TV and turned around their money spending habits.

Still they can’t make headway in their mission to become debt-free. Until one day, John was listening to the radio and the talk show host brought u


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7 Responses to Can Adult Education Help You Become Debt-Free?

  1. Rob says:

    Good Story! No doubt adult education can help you get a better salary. My question is this, did John Doe get an Associate’s? Bachelor’s? Or just some sort of certification. I came to his realization about a week ago and am strongly considering Computer Technology for the same reasons.

  2. MollyJ says:

    I think education does help. Also, no matter how much you cut the extras, you’ll never get ahead if your big expenses are too big: your cars, your house, etc. Those are the expenses that need to be as low as possible. Unfortunately, they are the least easy to fix!

  3. M. Beddingfield says:

    Hi Rob, John got a certification. He was also able to test for further certificates that will help increase his salary. I think you are on the right track, you can always start with a certificate program and then return later for a degree. Best of luck!

  4. madsow says:

    There is no doubt in my mind that education can help financially.

    If you merely look at it from the standpoint of “That B.Science degree is going to cost me $40k” it seems pretty wasteful. But speaking from experience, that 40k was an investment into my future. I more than doubled, almost tripled my salary before college vs. post college, and I had a good job before school.

    Education is NEVER a bad thing so long as you use it. With education, you get out of it what you put into it.

    Be it a certificate program or a full college degree, it puts you at an advantage over someone who does not have the education and that will land you the job.

  5. Very good article. Getting a boost in your income is always the other side of the frugality coin. Making the decision to do that through higher-education can be a tough choice but I agree with you that it is well worth it.

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  7. Loren says:

    How do you all feel about the book Rich Dad Poor Dad? he wasn’t big on Education!


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