Innate motivation is what propels us into our future, to bettering ourselves through education... And it’s that same motivation that will provide a way out of debt, often looking and sounding like entrepreneurship.
Naples (PRWEB) January 21, 2015
Tuning into last night’s historic State of the Union Address, the ears of some 40M Americans holding student loans perked at the promise of government level assistance for the growing challenge of monthly repayment.
With monthly repayments in the hundreds of dollars, the burden is certainly heavy on the minds and budgets of students and graduates, says author Abigail Widynski based on the research for her newly released, ‘Making Money the Millennial Way: An Entrepreneurial Approach to Getting Out of College Debt.’
The statistics tell the story of those hopeful for relief: the average student loan weighs in at $29,000 and combined with common practice of ten-year terms.
“Innate motivation is what propels us into our future, to bettering ourselves through informal and formal education,” says Widynski, “And it’s that same motivation that will provide a way out of debt, often looking and sounding like the great American hallmark of entrepreneurship.”
Hope and relief can’t come soon enough for many of those students and graduates Widynski surveyed.
“The financial pressure is immense for the Millennial generation [finding their way into and out of education debt,]” says Widynski. “Yet, if I’ve learned anything from my own debt story and the others included in the book, a little creativity goes a long way!”
Released Friday, Widynski’s book is already making waves, waves of gratitude from parents of Millennials and college students alike. With chapter titles such as ‘Dreaming On: The Difference Between Living in Debt and Living with Debt’ and ‘Hard Work or…Hardly Working,’ Widynski doesn’t shy away from addressing personal responsibility in tandem with intrinsic ingenuity to solve our own problems.
A solutions-driven dialogue with readers, 'Making Money the Millennial Way' concludes with twenty-five quick start, low cost business ideas to springboard readers into their own ventures. With her venture capital background and simplicity, Widynski breaks down each idea into three actionable parts: ‘the Idea,’ ‘Getting Started’ and ‘the Nitty-Gritty of Pricing & Overhead.’
Gleaning real life testimonies for current students and graduates, Widynski knew that the business ideas had to be grounded not only from her experience but what others had tried, including the typical hourly jobs near campuses.
“There’s a principal of how to ‘wait’ actively in life,” says Widynski. “One of my surveyors learned it while working at an amusement park and dreaming of a better job to make ends meet. For me, it came before starting my company and here it is: Willing Acceptance of Invested Time.”
While congress is waiting, college students now won’t have to wait for a solution. They now have one in their hands, thanks to 'Making Money the Millennial Way.'
Abigail Widynski is an out-of-the-box strategist and connector who is excited by the opportunity to talk about ‘growing things’ and expansion of all shapes and sizes, organizations and people. A finance professional, Abigail is the owner of Sovereign Venture Advisors and founder of the Sovereign Venture Philanthropy Fund. Abigail holds a M.Sc. Management from Imperial College Business School in London and a B.A. in International Studies from American University in Washington, D.C. A writer in venture capital outlets, 'Making Money the Millennial Way' is Abigail’s debut book.