Archive for November, 2011

November 30, 2011

The Best Way to Pay Off Student Loan Debt

Credit: www.

I’m sure most are aware of the reports stating student loan debt will soon surpass $1 trillion dollars. Of course ,with that much debt distributed,  there are millions wondering how they are going to pay it off. Kelli Space, a Northeastern Alum, may have figured it out. Rather than wallow in her mistakes, Kelli brainstormed ways to pay down her $200,000 student loan debt as quickly as possible. Yes, she got a job. And she also started the website to tell her story and ask for donations to assist with the financial burden. It’s only fair considering she didn’t have a graduation party in 2009 where she would get monetary gifts… At least, that’s the way she’s spinning it.

As anyone can expect, she’s gotten loads of hate mail mixed in with words of praise. What do I think of this? I think I should have thought of it sooner! As many of you know, I too am burdened by student loan debt. Granted I don’t have as much as Kelli Space, but it’s certainly more than I would like. What better way is there to pay off debt than to combine your own employment efforts with the kindness of those assisting in creating a brighter future for young Americans like herself? I think it was a great idea for Kelli to take her debt troubles to the public. After all, people have no problem donating to those entering beauty pageants or someone’s new business venture. Why wouldn’t people want to help out a girl who got screwed over in her pursuit of a higher education and a brighter future? Yes, she should take responsibility for her actions and I believe she has.

Although I applaud her efforts, I don’t think I have the courage to do that. I am way too much of a private person to put my financial burdens in the public eye. I do have to admit that it is something I have thought of doing, prior to coming across her blog. Kelli beat me to the punch! After nearly two years, Kelli has raised almost $12,000 towards her student loan debt.

So what do you think about Kelli’s attempt to solicit donations from kinds strangers? Check out her website, to see for yourself!

November 22, 2011

5 Reasons Why You Should Hire a Freelancer

Photo credit: jscreationzs /

Most businesses know that hiring someone to produce quality work can do wonders for their bottom line. What they don’t know is hiring a new employee or an agency is not their only option. There’s the freelance option. In fact, taking the freelance route, can not only save  money, but insure better work in half the time. Need more convincing? Here are five reasons why you should hire a freelancer.

1. Less is more.

In case you didn’t know, freelancers are generally cheaper than big-time agencies. With freelancers you don’t experience huge mark-ups and extra fees, because freelancers don’t have to worry about big overheads like agencies do. But don’t let the price fool you. Even with lower rates, a good freelancer can produce high-quality work.

2. One contact person

Hate having to deal with the run-a-round at big time agencies? Freelancers eliminate that problem. When working with a freelancer, you are given one contact person – the person who will be working on your project! So there will be no talking to X, Y and Z in the hopes that your information gets passed along to A. You get to speak directly with the person in charge of your project, and not the boss that will eventually give your job to the intern.

3. Motivated professionals

Unlike employees, freelancers only get paid when they have work. Paid holidays don’t exist in the freelance world. Neither do sick days. One bad month could mean a few weeks in the poorhouse. In other words, we work hard for that money… and client satisfaction. Freelancers are extremely motived to churn out high-quality work in the hopes that it leads to more opportunities and a chance to put food on the table for another week!

And remember much of a freelancers livelihood depends on the referral. So if you are happy with the work, pay it forward and refer, refer, refer!

4. Deadlines made easy

Projects that require quick turnaround time are easily handled by freelancers. They don’t need to get approval from their superiors, and it’s much easier for them to adjust their schedule in order to fit your project in. A rush fee may apply, but they are usually much less than the rush fees quoted by agencies. Rush fees may not even be necessary as freelancers usually have quicker deadlines than agencies. Freelancers usually work on one project at a time so they have  the ability to dedicate a lot of time to your work as opposed to an agency employee who probably works on several projects at once.

5. Gift of flexibility

Work on the west coast but have a freelancer that lives on the east coast? No problem. Even though freelancers do operate via business hours they specify, many of them have the flexibility to work around your schedule. I’m pretty sure you’ll have a hard time trying to find an agency willing to make calls at 9:00 pm their time in order to accommodate your time difference.

Are you convinced yet? Visit my website, and see what I can do for your business.

November 19, 2011

The Worst Type of Debt to Have…

Photo Credit: renjith krishnan

… is student loan debt. Trust me. I speak from experience as well as millions of other young Americans cursed for doing it the “right way.” By the right way, I mean doing well in school, volunteering, attending college, make a future plan, avoiding pregnancy out of wedlock, living without a criminal record and doing what we can to build a brighter future for America when our time comes.

After doing all that, we got inundated with debt and no help with managing it. Hence the reason why I’m convinced that student loan debt is the worst possible kind of debt to have. Not convinced? Here are the top 5 reasons to support my claim.

1. Chances of consolidation are next to impossible

Unless you were able to convince the government to shower you with federal student loans, you are out of luck. Very few organizations offer private loan consolidation. Those that do seem unwilling to take a chance on lenders with a considerate amount of student loan debt and a meager income. Thanks a lot poor economy!

2. Interest rates are too high

Unfortunately, when the banks said variable interest rates meant they could increase, they weren’t kidding. Now tons of recent grads are dealing with a plethora of loans with nine percent interest rates. Lucky for the banks, now 80 percent of my monthly payment goes towards interest while the other 20 percent is applied to the balance.

3. Interest rate negotiation is non-existent

Even after making payments on time and being as accessible as possible, customer service reps with these lenders refuse to offer any glimmer of hope to lower interest rates. As a matter of fact, there’s a good chance interest rates will continue to climb and there isn’t anything we can do about it.

4. Payments are unmanageable

Thanks to the poor economy, most college grads aren’t able to get a decent paying job to pay off debt. Unfortunately, that means defaulting on loans and facing a poor credit score for some. And chances are your loan payments are $200+ thanks to the rising cost of college.

If only millions out there didn’t fall for the lies and dreams that student loan lenders and colleges sold to the public…

5. Bankruptcy is not an option

Thanks to the college educated in the 70’s who took advantage of the system, filing for bankruptcy or discharging any amount of student loans is not an option. In other words, you’re cursed for life.

Congratulations, you signed your life away to the devil!

November 12, 2011

Did You Hear the News?!

I’m running a promotion to prepare for the new year! I know we’re still in November, but it’s never too early to get a head

Photo Credit: Master isolated images

start on any business/marketing plans for the new year. Is your website in dire need of a content re-vamp? Have decided that 2012 will finally be the year that you get started on that blog? Hopefully, wanting to take advantage of this promotion will put a little kick in your step. Take a look! Consider it my gift to you!

Don’t forget to check out my professional website!

November 10, 2011

Welcome to Terri’s Terrific World

Well, if you haven’t figured it out by now, I’m Terri. After writing blogs for several of my clients for a while now, I decided that it only made sense for me to start a blog of my own. So if you are looking for information about writing for journalistic, marketing, or leisure purposes and my career, this is the place to be. Because I specialize in education, weddings, dance, beauty, fashion, culture and travel, I’ll be writing about those areas as well. In other words, I guess my blog may be a little scattered and all over the place. Don’t worry though. I promise to keep it organized and follow some kind of uniformity. It just so happens that I am very knowledgable in all of the above mentioned topics.

So why do I know so much about all of these topics? I love to read. I love reading books, blogs, articles, forums, news sites and even graffiti and text messages. The last two were a joke, but you get the picture. I love reading everything and keeping up with current events or industry trends. I also have a passion for singing, dancing, acting, volunteering, exercising, investing, and entrepreneurial studies. I also have this crazy dream of changing the world, but I’ll tell you more about that later. Anyway, stay tuned…