Guest post by Brittany Fowler from The High-Heeled Housewife
My husband is in law school, and we’re surrounded by friends who are going into thousands of dollars of debt to afford a law degree. As graduation approaches, we’re both so glad that we don’t have massive amounts of student debt.
When my husband decided to go to law school, we knew that we needed to make sacrifices. With hard work and some smart decisions, we’ve been able to lessen the financial impact of professional school. Here’s how we did it:
My husband chose a state school where he was offered a scholarship.
I can’t emphasize how important it was to choose the right school at the right price. Of course, the scholarship was a result of my husband’s hard work, which earned him a high GPA and LSAT score. Hard work pays off!
I worked for the first two years.
Although I’m now a homemaker and blogger, I worked for the first two years of law school. Through those years, we lived off of my husband’s summer income and saved every penny I made so that I would be able to stay at home.
We live on a budget.
Since cash flow is irregular, we have planned out our monthly expenses a year in advance. Having a plan gives me assurance for months when we don’t have any income.
We save money whenever possible.
I use coupons at the grocery store, play the drugstore game, and do anything I can myself. For example, I wash and iron my husband’s clothes at home to save on our dry cleaning bill.
In a world where debt is a necessity, it’s still possible to go to graduate or professional school without loans! We’ve learned that the right decisions, accompanied by hard work, will pay off in the end.
Brittany is a 24-year-old stay-at-home wife on a mission to be the best wife that she can possibly be. She is married to her hardworking hubby, Charles, who will graduate from law school in 2012. You can read more about her homemaking tips & tricks at The High-Heeled Housewife.