11. Would you consider improving your qualifications?
As you advance up the career ladder, you might find yourself needing to improve your qualifications. Better qualifications can help you to earn more money which is to your advantage. How to pay for your studies is an important financial decision. There are a lucky few whose employers finance their studies.
If you’re still up to your neck in student loan debt, going into more debt to study is not a wise course of action. You’ll be better off making some budgetary sacrifices to pay for your studies in cash. Giving up some luxuries will be worth it in the end when you get that big promotion. You’ll soon see the return on your educational investment.