Conquer Your Finances. Live Your Dream Life.
Student loan debt sucks. Any debt sucks really. Debt can cause you to feel so much stress, anger, fear, and regret. All of these feeling are very understandable. However, when I graduated with student loan debt, I tried to be positive about it. I tried to avoid wallowing in my financial situation…a situation that I had brought on myself. Instead, I thought about all …
Before you start reading about all the mistakes I made while paying off debt, I want you to know that I cherish these mistakes. And you should cherish all your mistakes too. These “my bad” moments have brought us to where we are today – we are smarter because we’ve done stupid things, acknowledged them, and learned from them. If you’ve read my student loan story, you know that it took me 7.5 years to pay off $125,000 of debt. While that’s a ton of debt, I don’t think it should have …
When I made my first $1,200 payment to my six figure student loan debt, I was shocked at how much interest I paid (over $900!). I worked so hard to make that $1,200 payment, and then poof!, $900 of interest disappeared to the loan company. Each month I noticed that my payment was being allocated differently: the amount going to my principal balance and …
Whether you have credit card debt, medical debt, car loans, student loans, or a fun combination of them all, you need to come up with a plan to pay it off. Your plan must prioritize the debt so you know when and how much money to put towards each debt every month. If you don’t have a prioritized list and a …
Do you have student loans? Figuring out how to pay them back is overwhelming enough. Now you’re telling me that I have to worry about what happens to them after I die? Jeez, do I really have to think about that too? Yes, yes you do! If you have a large amount of private student loans with a co-signer, you need to …
