Even if they are supported by their parents, young people sometimes incur debts during their years of study. As they enter the workforce, it may be useful to rationalize and bring them together.
The credit is a solution to adapt your budget to the needs of a start in the working life.
“I played a bit of extra time in my student life. After the bac, I had a hard time finding myself. One year in medicine, another in law, one last year in modern literature before finding my path and opting for psychology.
Studies start with a party. We discover an autonomous life. We go out, we have fun. We are carefree. Good, and then we miss the exams. Once, twice … and then we begin to realize that the future is at stake and that we will have to start, at one time or another.
My nonsense, I have always assumed: my mother has been separated from my father for a long time and his income is modest. From the age of 18, I chained small jobs to be financially independent. I lived in a university residence for years.
From the license, things got harder.
Casually, I was approaching 25 years. My friends from the early years of college had started to enter the workforce. I felt far enough away from the young people who were landing and discovering freedom as I had done a few years before.
The last two years have even been frankly painful. I was in a master’s degree in human resources. The amount of work required had nothing to do with previous years and my studies became incompatible with the jobs of waiters or cashiers who allowed me to live so far.
I took out a student loan.
I started getting really tired of my ten square meter room, the kitchen at the university restaurant and counting my euros from the 20th of the month. I had a crazy desire to settle down.
Fortunately, I found a job soon after my master. A real job, I mean, with a salary that looks like a salary. I was twenty-seven and it was not too early. I moved into a new apartment, I bought a couch payable in a dozen monthly installments.
I had been deprived of everything for so long that having a permanent contract with a salary that falls every month and no reason for it to stop made me turn my head, I admit. I took a consumer loan and I got equipped: fridge, washing machine, flat-screen TV, laptop … not the luxury, but all these things, I wanted them for so long.
The worry is that I did not really calculate my shot.
Between my student loan, my consumer credit and the two or three things I bought in the monthly payment,
I found myself completely knocked out of drafts, to such a point that I risked the over- indebtedness: good performance for entry into the active life!
But any problem has its solution and mine was called: credits! I contacted a provider who collected all my debts. Now I have only one sample, smoothed over three years. And whose amount is compatible with my income.
I will be more reasonable now. But it does not prevent, it’s good to have finally entered life. I’m going to put some money aside and when the time comes, I can finally think about going into debt again … to buy a home. “