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Student loans are too big! That’s why we need loans

I live in New Jersey. And in N,J, and probably quite a few other places too. The first encounter people have with taking out a loan, is a student loan.

Here, student loan debt is just something that everyone has. The government automatically give everyone a set amount of money depending on your family’s income. But you will always get a loan if you ask for one. And it’s a loan that a lot of people seem to think they don’t have to pay back.

Because everyone has it, it isn’t something that sets people apart in a bad way. And you have to earn a certain annual wage before you have to pay it back. Which hopefully you will, but it’s not as easy as you’d think to find a job straight out of university that pays high enough for you to have to make repayments.

And even if and when you do finally earn enough, the repayments just automatically get taken out of your wages at such a low amount you’d hardly notice. If you earn the minimum amount, you end up repaying like $25 a month.

Which, when most people owe around $30,000, is never going to repay the debt in full. So then what happens?

Well if you wait 25 years, it will just expire, and you won’t owe anything anymore. And up until recently, you could write it off just by moving abroad. Even now, it’s hard to keep track of the people that leave the country, so most of them won’t make repayments unless they return.

It’s nothing like you’d imagine being in debt to feel like. So if people’s first dealings with debt are so easy and hassle-free, is it any wonder we’re all running off to search ‘loans places near me’ when we run out of cash? At least New Jersey has very cheap car insurance no deposit, in the U.S.A, guess that’s one perk of living here..

Me Vs My Mother: Who Deserves Cheaper Car Insurance?

( Had to post this sorry!)

Right now, the wrong people (AKA people that aren’t me) are getting the best prices on car insurance. My mother for example.

She’s a terrible driver. I’m not great either. But at least I maintain some semblance of sanity behind the wheel. She, on the other hand, loses her god damn mind every time she gets into the driver’s seat. Yet who has the cheapest car insurance? She does. All because I drove ‘too fast’ past a few speed cameras.

I should definitely get cheaper car insurance than her! Let’s examine some of the evidence.

First, I have collided with another vehicle once in ten years. At night. And in bad weather conditions. Neither car was badly damaged. And no one was injured. I took responsibility for it and lived with the pricey consequences.

My mother, once crashed her car 3 times in as many months. In good weather, and broad daylight. She wrote off her vehicle two out of the three times.

The first time she drove out of a car park straight into a car driving past because she wasn’t looking. She blamed the other driver.

The second time, my friend and I were singing along to the radio in the back seat. We were eight. She drove into the back of someone at a red light. She told the other driver that it was my fault.

And by the third time, she refused to tell anyone what happened and just quietly replaced her car.

I can think of a million other examples of why she is more of a ‘high-risk’ customer for insurance companies. But I’ll just leave you with one.

She’s driving along. Realises she’s in the wrong lane. And instead of just switching lanes calmly, almost as if the end of the world isn’t nigh. She FREAKS OUT as though one lane goes to her destination. The other, straight to the depths of hell! Every. Time.

In the end we both got quotes at:

and I was able to get a better deal than my mom 🙂