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Posts tagged with: hourly vs salary

The End of My Student Loan Era

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I’ve written a lot about my student loans over time as a blogger here. At this point, the student loans are my last remaining debt (besides a mortgage), and this is the year when they’ll officially be GONE! I cannot wait!

That said, I continue to find the process completely confusing and the online systems counterintuitive. I’m in the Public Service Loan Forgiveness program, which is supposed to discharge remaining loans after 120 on-time eligible payments have been received.

I currently have 3 loans remaining that total just over $26,000 (the balance has grown because the interest costs more than the $180/monthly payments I’ve been applying).

In the Federal Student Aid platform, it says I have 113 qualifying payments (7 remaining). It also says the Estimated End-of-Repayment Term is Sept 2026.

However, I must re-certify my employment annually and the last time I did so was in late August 2025, so my 113 qualifying payments are only through August 2025.

I also have an additional 6 payments that should qualify (Sept 2025 – Feb 2026), meaning after my March payment later this month…I should meet my 120 required payments and qualify for student loan forgiveness for the rest of my balance owed!

This is obviously a bit of a discrepancy from the predicted September 2026 date listed in their system. I’m absolutely planning to re-certify employment at the end of the month and cross my fingers and hope and wish and pray that this is IT! That after nearly eleven years of faithful payments (even during the pandemic times when everyone had payments paused – I continued to pay monthly because I’d been trying to pay off my debt before the forgiveness deadline)…..I will FINALLY be FREE from this burden that’s just been hanging around so long it might as well have its own room!

I cannot tell you what this community has meant to me to help guide, give advice, and cheer me on along the way! It hasn’t always been easy – I graduated with over $100k worth of student loan debt, alone! But continual progress across time has been the key. And honesty, I’ve benefitted so much from the community of readership here offering me your generous advice across time.

The question is…what’s next?

I love talking about money (something that’s so taboo in everyday life, but we talk about freely and openly in this space)! And you all have helped me think through longer term financial planning, thinking about retirement, health care, teaching my kids (now teens!) financial literacy, etc. What do you think? Should I hang around BAD a bit longer or is it time to move on? I haven’t fully decided within my own heart so I’d like to know your thoughts on whether the content I’m providing is interesting or useful or if it’s time to bid farewell once my last remaining debt is gone! Thoughts?

What do your plans in a debt-free life look like? Where do you focus your financial energy?



Get to Know These 5 Auto Care Costs

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Auto care is not only about preventing breakdowns. It is also about understanding the costs that come with keeping a vehicle safe, reliable, and efficient over time. For many drivers, the hardest part is not paying for maintenance, but planning for it. When you know which services tend to show up repeatedly, you can budget more realistically and avoid putting off important repairs.

Auto ownership has become a long-term commitment for most people, which makes ongoing upkeep even more important. According to LLCBuddy, the average person keeps their automobile for about 8.4 years, meaning most drivers will face multiple rounds of the same repair categories during ownership. The five auto care costs below are some of the most common ones to anticipate, along with what typically influences the final price.

1. Oil Changes and Fluid Services

Oil changes are one of the most consistent auto care expenses because they are tied directly to mileage and time. Even if you drive less than average, oil can still break down, making routine service a necessity. Many repair shops will also check and top off other fluids during an oil change, such as coolant, brake fluid, power steering fluid (if applicable), and windshield washer fluid. These are small add-ons, but they can still influence the overall invoice.

Costs vary based on the type of oil required, the amount your engine holds, and whether your vehicle uses a specialty oil filter. Synthetic oil usually costs more than conventional oil, but it may allow for longer intervals between services. Drivers can save money over time by following the manufacturer’s recommended schedule rather than guessing. Skipping oil changes often leads to bigger problems later, including reduced engine performance and expensive internal wear.

2. Brake Service and Replacement

Brake-related repairs are one of the most important costs to understand because they directly affect safety. Most vehicles will need brake pads replaced regularly, but rotors, calipers, brake fluid, and hardware can also be involved depending on wear and driving conditions. If you notice squealing, grinding, vibrations, or a soft pedal, it is usually a sign that something needs attention soon.

Brake costs are shaped by the vehicle type, the quality of parts selected, and the labor involved. Some vehicles require more time-consuming disassembly, which increases labor charges. The price can also rise quickly if wear has progressed from pads to rotors or if the system needs additional components. Because brakes are exposed to heat and friction constantly, this is one area where delaying service can make the final bill substantially higher.

3. Tire Costs, Alignment, and Balancing

Tires are a predictable expense, but many drivers underestimate how much supporting services can add to the total. A full tire replacement may include mounting, balancing, valve stems, disposal fees, and alignment. Skipping alignment after installing new tires can shorten tire life and lead to uneven wear, which forces replacement earlier than expected.

Cost depends on tire size, type, and performance rating. All-season tires typically cost less than high-performance or specialty tires, but climate and driving habits should guide the decision more than price alone. For example, tires with better traction may help with safety in rain or snow. Rotation and balancing services also matter because they help maximize tread life and reduce vibrations that cause premature wear.

4. Battery Replacement and Electrical Diagnosis

Battery replacements can feel sudden, even though most batteries gradually weaken over time. Weather, short trips, corrosion, and aging components can contribute to battery failure. Costs may include the battery itself plus installation and diagnostic testing. Sometimes the battery is not the true problem, and the vehicle may need testing of the alternator, starter, or wiring.

Electrical diagnostics can increase costs because they require time, specialized tools, and a methodical approach. The wide variety of vehicles on the road also means technicians must be able to interpret computer codes, test circuits, and isolate faults efficiently. According to Wrench Way, there were more than 592,000 automotive technicians employed in the United States as of 2023, which reflects how much skilled labor is needed to support vehicle repairs at scale. When electrical issues arise, budgeting for diagnostic time is often just as important as budgeting for replacement parts.

5. Major Repairs and Unexpected Mechanical Problems

Large repair categories often include suspension components, engine-related fixes, cooling system repairs, or transmission work. These are less frequent than oil changes or tire services, but they can be significantly more expensive. Many factors affect these costs, such as the complexity of the vehicle, the type of parts required, and whether the issue caused damage to related components.

Understanding the size of the repair industry also helps drivers see why pricing is structured the way it is. According to IBISWorld, there were 299,348 auto mechanic businesses operating in the United States as of 2024, which was about a 1.5% increase from 2023. With so many shops serving different needs, pricing may vary widely by region, shop specialization, and vehicle type. Getting a clear breakdown of parts versus labor helps you compare quotes fairly and understand what you are paying for.

Auto care costs become less stressful when they are expected instead of surprising. By planning for oil and fluid services, brakes, tire-related expenses, battery and diagnostics, and occasional major repairs, drivers can spread costs out over time and protect their vehicles for the long run.

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