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This is a guest post from Studenomist over at the rapidly growing Studenomics. If you enjoy what you read below then please subscribe to his feed.
You are near the end of your post secondary studies and you have one important decision to make; should you travel down south or to Europe?
Yes I know that not many young people will have the option of traveling once they complete their studies because their energy will be focused on trying to pay down that ridiculous student debt that has been piling up for years.
If you are in a similar position to me then you will be completing college soon with no debt and money saved in the bank to spend however you wish. If you are a student debating whether you should work part time while in college then this article is for you too. This article is for anybody that dreams of living a debt free life. This article highlights the benefits of completing college debt free, which you can easily do by reading my blog or Good Financial Cents:
1. Travel the world.
So if you have no student loan debt and a job offer lined up, why not spend a few weeks or even a month traveling? You could backpack across Europe, go on an adventure trip to Asia, or go down south to relax. Whatever travels you have been dreaming of the last few years could be done now before you enter the real world. There are even ways frugal ways to travel for those not wanting to get too crazy on their spending.
2. Start saving for a down payment.
You have the opportunity to work a few years while saving your money so that you have a decent down payment for a home or condo before you even turn 30. You would be surprised how much you could sock away in a few short years of serious saving. […]
