Over at Girl with the Red Balloon, she announced that she just recently paid off the rest of her loans, and she’s now completely debt free! Go over there and congratulate her. I honestly can’t stop thinking about this, because I bet this is such a great feeling. I am extremely jealous, but I know I am close (ok I am not close when it comes to my mortgage though).
She talks about how she did some extreme things to save money and pay off debt faster, such as eating very cheaply. But she was also super determined in paying off all of her loans. I’ve always admired how determined she was with the whole process, and I wish I would buckle down more and do this.
I do wish I would’ve graduated without debt. I worked full-time in high school and while in college I worked full-time the entire time as well. I also had to live on my own due to my dad passing and this ate up a significant amount of the money that I made. I also had to (and I still am) support my mom and help her with bills. I did manage to pay off around half of my tuition bill each semester, so of course I would have more loans. The university I went to was around $30K a year (without room and board) and I also am attending an MBA program right now, so I’m not too down about being around $33K in debt for student loans when I have 2 business undergraduate degrees and I’m about to have my MBA as well. [Read more…]