Study, Work, Study Part 2 (Passive Income)

Debt, Education, Passive Income
By Johannes Pan So I want to take up graduate studies after five years.  But I just graduated from college and have barely any money to study.  What can I do to achieve this life goal? What would you do in this situation? First, I could analyze my situation and get some facts straight.  For one, I know that I do not have to pay for the tuition of all the semesters at once.  I only have to pay one semester at a time or even get a student loan and pay in installments.  Sounds easier. Second, if I only have to pay in smaller amounts over time, I could work on earning passive income.  Passive income is the money one gets without being actively involved in work. This way,…
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Study, Work, Study Part 1 (Mutual Fund)

Debt, Education, Investment, Savings
By Johannes Pan Even though I just recently graduated from UP Diliman and started working, I already have plans to study again.  But unlike college where I enjoyed free tuition, graduate school will surely demand a hefty sum of money. So with very little to my name, what can I do?  What would you do in this situation? I could borrow from my parents.  However, and this is assuming they even have the money to pay for graduate school, doing so would put me in debt, which is not necessarily bad as some debts as strategic but is not how I want to start my adult life.  It would be as if I am not even trying. I have to at least show that I am doing my part in…
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