All tagged how to pay off debt
Jacob of Dollar Diligence recently paid off $25,000 in student loans in less than two years. In this post, he shares how he conquered his student loans and the side hustles he took on to rapidly pay down his debt.
Can you find financial success after life falls apart? Are rural, low income kids destined to repeat their parents' fates? This series explores the origins of people who found success by following a non-traditional path. #FirstGen
Just ten months ago, we were 5 digits deep in consumer debt. We had a department store card balance, general credit card debt, and a car loan payment. Now we have none. But we're not done! How our financial goals and our relationship with money are changing.
We established a "Divided and Conquer" strategy to paying off our student loan debt. While aggressively paying down our private student loans, we are currently planning to eliminate our federal student loans through public service loan forgiveness. Plus, we share all kinds of crazy numbers to demonstrate the link between retirement contributions and income-based student loan repayment.
Last time we talked student loans was just 4 weeks after we took our budget by the reigns and committed to making some big changes. We've done a work on our personal finances since then, and we found ourselves ready to step up our debt repayment game. This is the first of two posts on how we set a more powerful plan for repaying our student loans.
In 2017, we're using our money to buy peace of mind.
I have paid an extra $400.26 toward our debt in just 4 weeks! In this post, I discuss how this success was mostly due to radical changes of the tiniest kind, wins that have nothing to do with money, and how I found I will be able to redirect over $6,000 to debt repayment in the year to come.
Deciding how my life would look if I spent my money on what mattered created a huge and immediate change. Instead of berating myself for being off track, I was asking myself "What do you really want? Let's do that."
Once we’ve identified what is essential for a fulfilling life, we can choose to use our money as a tool to get us there instead of it being a source of shame.
Understanding your habits can empower you to take action. Learn how to reveal bad spending habits & their sometimes surprising causes. Plus, tools for managing major productivity killers in order to make more time for the things we love.
