All tagged staying motivated
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.
Post-game analysis isn't just for sports. Coach Jim Valvano once said, “Failure and rejection are only the first steps to succeeding.” This is not just true in basketball. We can apply it just as rigorously to grocery budgets, time management, fitness, creative work, or professional goals.
Now that we've made some great changes in our finances, we can no longer take our inspiration from sheer panic. We've turned the ship and righted the sails, and staying motivated to make smart decisions takes something different.