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A personal finance columnist’s biggest money mistakes

January 21, 2017

Posted by Chris Roush

Money stacksPersonal finance columnist Cameron Huddleston of GoBankingRates writes about her biggest money mistakes.

Huddleston writes, “After working for several years as a journalist writing about a variety of topics, I landed a job in 1999 as a reporter for Dow Jones Newswires. It was there that I got my introduction to the world of business journalism. I realized it was a good field to be in, because the pay was better than other areas of journalism and there was less competition for jobs — most people who go into journalism are more interested in words than numbers.

“I happened to be one of those journalists without a strong background in business or finance. In fact, I hadn’t taken any courses in these subjects in college. So, I decided I needed to advance my knowledge by getting a master’s degree.

“Ironically, one of the key reasons I became a journalist was because it’s a field that doesn’t require an advanced degree. But there I was, applying to American University’s graduate program, which would allow me to specialize in economic journalism.

“Fortunately, I was awarded a fellowship that helped cover the cost of tuition — but only about half of it. Plus, I was in Washington, DC, where the cost of living was — and still is — high. So, I took out federal student loans to fill the gaps — about $56,000 total.”

Read more here.

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