Comments on: Bobbi the future Masters Student Case Study (Gail Vaz-Oxlade) http://www.fabulouslybroke.com/2009/01/bobbi-future-masters-student-case-study/ Just a Girl trying to find a balance between being a Shopaholic and a Saver Sun, 12 Feb 2012 21:24:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Frederik http://www.fabulouslybroke.com/2009/01/bobbi-future-masters-student-case-study/comment-page-1/#comment-23187 Frederik Tue, 20 Jan 2009 21:31:00 +0000 http://www.fabulouslybroke.com/2009/01/19/bobbi-the-future-masters-student-case-study-gail-vaz-oxlade/#comment-23187 FB, you're right: $1k is probably better than $0 ("dad, could you lend me $2 so that I could buy some food tonight?") FB, you’re right: $1k is probably better than $0 (“dad, could you lend me $2 so that I could buy some food tonight?”)

]]> By: Fabulously Broke http://www.fabulouslybroke.com/2009/01/bobbi-future-masters-student-case-study/comment-page-1/#comment-23159 Fabulously Broke Tue, 20 Jan 2009 12:46:00 +0000 http://www.fabulouslybroke.com/2009/01/19/bobbi-the-future-masters-student-case-study-gail-vaz-oxlade/#comment-23159 Frederik: I think I have the same feeling as you about the challenges.<br/><br/>I still disagree about the EF bit however, because having an EF makes people also feel psychologically better.<br/><br/>I kept $1k throughout my debt repayment. Inadequate but it made me feel better.... :)<br/><br/>Frugal Dreamer: LOL! Frederik: I think I have the same feeling as you about the challenges.

I still disagree about the EF bit however, because having an EF makes people also feel psychologically better.

I kept $1k throughout my debt repayment. Inadequate but it made me feel better…. :)

Frugal Dreamer: LOL!

]]> By: Frugal Dreamer http://www.fabulouslybroke.com/2009/01/bobbi-future-masters-student-case-study/comment-page-1/#comment-23154 Frugal Dreamer Tue, 20 Jan 2009 06:35:00 +0000 http://www.fabulouslybroke.com/2009/01/19/bobbi-the-future-masters-student-case-study-gail-vaz-oxlade/#comment-23154 You are a geek! ;) But I love it! Well said!! You are a geek! ;) But I love it! Well said!!

]]> By: Frederik http://www.fabulouslybroke.com/2009/01/bobbi-future-masters-student-case-study/comment-page-1/#comment-23140 Frederik Mon, 19 Jan 2009 23:55:00 +0000 http://www.fabulouslybroke.com/2009/01/19/bobbi-the-future-masters-student-case-study-gail-vaz-oxlade/#comment-23140 Add-on: if following FB's frugal budget, Bobbi will find she hasn't fully used the student loan, so knock off another 3 months! <br/><br/>FB, as you see you're not alone in liking cases like these. ;-) What makes this really geeky is that I never had to go thru getting rid of debt myself. I just find there's something compelling about people working their way out of a difficult situation. Add-on: if following FB’s frugal budget, Bobbi will find she hasn’t fully used the student loan, so knock off another 3 months!

FB, as you see you’re not alone in liking cases like these. ;-) What makes this really geeky is that I never had to go thru getting rid of debt myself. I just find there’s something compelling about people working their way out of a difficult situation.

]]> By: Frederik http://www.fabulouslybroke.com/2009/01/bobbi-future-masters-student-case-study/comment-page-1/#comment-23138 Frederik Mon, 19 Jan 2009 23:36:00 +0000 http://www.fabulouslybroke.com/2009/01/19/bobbi-the-future-masters-student-case-study-gail-vaz-oxlade/#comment-23138 Oh! I realized a bit late that this is just a case study, not a reader asking for help! :-) Anyway, here's the advice I had come up with: <br/><br/>- follow FB's advice. Result: $600$/month toward debt ($950 after graduation)<br/>- forget about emergency fund until your debt is gone (in case of emergency, borrow from parents, at 6% if need be). Result: an extra $300/month<br/>- get an extra job on the side before, during (without compromising on studies), and after the Master. Result: an extra, say, $400/month<br/>- Conclusion: debt fully paid off after 2 years and 3 months. (1 year 8 months if working full weekends). How's that, FB? ;-) Oh! I realized a bit late that this is just a case study, not a reader asking for help! :-) Anyway, here’s the advice I had come up with:

- follow FB’s advice. Result: $600$/month toward debt ($950 after graduation)
- forget about emergency fund until your debt is gone (in case of emergency, borrow from parents, at 6% if need be). Result: an extra $300/month
- get an extra job on the side before, during (without compromising on studies), and after the Master. Result: an extra, say, $400/month
- Conclusion: debt fully paid off after 2 years and 3 months. (1 year 8 months if working full weekends). How’s that, FB? ;-)

]]> By: Fabulously Broke http://www.fabulouslybroke.com/2009/01/bobbi-future-masters-student-case-study/comment-page-1/#comment-23133 Fabulously Broke Mon, 19 Jan 2009 22:37:00 +0000 http://www.fabulouslybroke.com/2009/01/19/bobbi-the-future-masters-student-case-study-gail-vaz-oxlade/#comment-23133 Mittsie: You are sooo right.<br/><br/>K.Rae: I love doing these :)<br/><br/>Dog: Hah! I tried to be nice because apparently this is going to be fictionally read out to her, so I didn't want her to start bawling. Mittsie: You are sooo right.

K.Rae: I love doing these :)

Dog: Hah! I tried to be nice because apparently this is going to be fictionally read out to her, so I didn’t want her to start bawling.

]]> By: DogAteMyFinances http://www.fabulouslybroke.com/2009/01/bobbi-future-masters-student-case-study/comment-page-1/#comment-23126 DogAteMyFinances Mon, 19 Jan 2009 21:10:00 +0000 http://www.fabulouslybroke.com/2009/01/19/bobbi-the-future-masters-student-case-study-gail-vaz-oxlade/#comment-23126 Well done, almost exactly what I would have said. But I would have been meaner about the part-time job. Well done, almost exactly what I would have said. But I would have been meaner about the part-time job.

]]> By: K.Rae http://www.fabulouslybroke.com/2009/01/bobbi-future-masters-student-case-study/comment-page-1/#comment-23125 K.Rae Mon, 19 Jan 2009 19:16:00 +0000 http://www.fabulouslybroke.com/2009/01/19/bobbi-the-future-masters-student-case-study-gail-vaz-oxlade/#comment-23125 I actually really liked reading this. It kind of pumps me up for getting a real job and paying off my student loans... I actually really liked reading this. It kind of pumps me up for getting a real job and paying off my student loans…

]]> By: Mittsie http://www.fabulouslybroke.com/2009/01/bobbi-future-masters-student-case-study/comment-page-1/#comment-23119 Mittsie Mon, 19 Jan 2009 16:24:00 +0000 http://www.fabulouslybroke.com/2009/01/19/bobbi-the-future-masters-student-case-study-gail-vaz-oxlade/#comment-23119 methinks that these type of problems are FB's "crack". ;) Hehe. methinks that these type of problems are FB’s “crack”. ;) Hehe.

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