Sunday Links: Advice for Paying Off Student Loans

The four deadly college debt sins if you are paying off student loans(Chicago Tribune)

Warren Buffett, answering a college student’s question about when he knew he was rich. (Twitter, Ed Borgato)

— “I really knew I was rich when I had $10,000…I bet we all in this room live about the same. We eat about the same and sleep about the same. We pretty much drive a car for 10 years. All this stuff doesn’t make it any different. I will watch the Super Bowl on a big screen television just like you. We are living the same life. I have two luxuries: I get to do what I want to do every day and I get to travel a lot faster than you…I travel distances better than you do. The plane is nicer. But that is about the only thing that I do a whole lot different.”

— “If there is a place that is warm in the winter and cool in the summer, and you do what you love doing, you will do fine. You’re rich if you are working around people you like.

The Travelers Championship (final round is today) went from being a nearly extinct golf tournament to one boasting a top-notch field of competitors. (ESPN)

— “Bessette and tournament director Nathan Grube make about four ‘recruiting’ trips per year to other events, speaking with players and getting to know them. It’s not unlike a college coach recruiting high school prospects, as they promote these relationships as much as their tournament itself. ‘It’s about seeing them all the time and following up; it’s about being with them throughout the year,’ explained Bessette. ‘That’s how you get them here — you do things for the players, for their wives, for their caddies. It’s everything.'”

— Rory McIlroy, on the psychological boost from playing an easier tournament like this after last week’s US Open: “If you want to play a round of golf, there is no better place to come than here where you can make birdies. The U.S. Open can zap your confidence a little bit, as well. So it’s nice to come back to a venue where you can see shots going close to the hole, you can see putts going in, you can make birdies. Sometimes you need that.”