The Value Of Value

Don’t you just hate it when ATMs charge you to take out your own money? It really grinds my gears, man. Really raises up that arterial tension, man.

A $2 fee at a different bank than yours is a pain. Having to pay $4 at a concert to put your mitts on one of your own Jacksons is an even greater injustice.

But that’s still chump change in the grand scope of things. Did you know there are places where you’ll have to pony up a whole $10 just to use the ATM? What kind of place could possibly drive someone to make this kind of sacrifice?

Strip clubs.

But more on that later. Right now I want to talk to you about the value… of value.

Sound confusing? Well, here’s the idea in it’s simplest form, in case you’re one of those high-strung types that can’t spare the time to read my prose in its entirety:

The cost of a product of service should be determined by the value it provides to the customer – NOT by how much effort goes into providing it.

The reason I’m dedicating an entire post to this simple idea is that far too many talented people – recent grads, entrepreneurs, freelancers, you name it – don’t understand it.

When you’re just starting out, you don’t have much experience in being paid for the work you do. This inexperience, coupled with the typical feelings of Impostor Syndrome that many beginners have, can cause you to sell yourself short.

So do yourself a favor: read this post and take it to heart. It could make a huge difference in your future income potential.

Read More…

Jimmy Wales Gives One Huge, Important Piece Of Advice To Us Kids

Most of you probably know Jimmy Wales as the founder of Wikipedia, which is quite possibly the single greatest repository of human knowledge ever created.

All of us who have had to write research papers in the past probably have Jimmy (along with the army of contributors to Wikipedia) to thank for getting us started. Even though our teachers always told us not to use Wikipedia, we did anyway.

What you might not know is that Wales is also an adviser for – and investor in – another great website: the question/answer site Quora.

Quora, along with other sites like the Stack Exchange network, has been a big help to me in the past. Before question/answer sites like these, I’d often have to go digging through forums when I wanted an answer to a question. For that reason, I’m a big fan of Quora, and I used to be a frequent contributor as well.

Anyway, I recently stumbled across this question on Quora: What advice would Jimmy Wales give to the next generation?

I absolutely loved Jimmy’s answer to this question. Read More…

How I Paid Off $14,431 In Student Loans In 6 Months – BEFORE Graduating

When I was a junior during the spring of 2012, I added a giant, audacious, redonkulous goal to my Impossible List: I wanted to pay off all of my student debt – nearly $15,000 – before graduating.

In October of 2012, I made my first payment, kicking off my debt-obliteration journey.

And on March 13, 2013 – just six months after I started – my final payment to Sallie Mae cleared. I’m now completely debt-free, and I’m still in college.

In this post, I’m going to tell you my story, including exactly how I paid off my debt. Afterward, I’ll provide some additional strategies you can use to minimize your own debt and start paying it off today. Read More…

3 Freebies For Students You Can Take Advantage Of Right Now

When’s the last time you accidentally flung your girlfriend across a bunch of ice and into a wall?

The last time for me was three days ago. She’s ok. Laughs were had (mostly by me). And the best part? I got to do it at a discount?

Discounts for college students are everywhere (even ice skating rinks), and you probably run across at least 43 every seven weeks. It’s great to be a college student. Sure, we have to pay exorbitant amounts of money for a piece of paper that may or may not actually prove useful in our future careers… but we get cheaper tickets to football games, right? Right.

Those discounts are everywhere. However, that’s not what I want to talk about today. Discounts are lame. Saving money on things? Weak. I’m a last-semester senior, man. It’s my last lap. I want stuff for free.

That’s why I’ve compiled a small list of things I’ve recently found that are free for students. As in free beer, freedom, Gordan Freeman – whatever. You don’t have to pay for this stuff, and that’s awesome. Read More…

Five Ways to Save Mo’ Money on Textbooks

College is freakin’ expensive, bro – aside from tuition, you’re expected to pay exorbitant sums for trivial, frivolous things like housing, food, clothes, deodorant, and toilet paper – all of this on top of the necessities you already need such as new scoreboards for your school’s football field and flatscreen TV’s for the dining centers. In this economic climate, being expected to pay for stuff like this is extreme, and yet we students have to pay for something else on top of it all: textbooks. We just can’t catch a break, can we? Read More…

Guest Post: 5 Tips To Bag The Financial Aid You Need

This is a guest post from Carol Montrose, an MBA student at CSUN. Read more about her below the post.

When it comes time to head off to the ivory towers of your chosen university, you may find yourself stymied by a decided lack of funds.  Unfortunately for students, institutions of higher learning require up-front payment in order to register for classes, which means that if you don’t have the money in hand, you really can’t go to college.  And with the ongoing recession showing no signs of abating, this could spell disaster for the student that can’t qualify for a loan.  But don’t despair; you still have options for financial aid. Read More…

Want more? Join over 150,000 students and grab my free book on earning better grades  →