Category: student loans

debt repayment, student loans

HOW I PAID OFF MY STUDENT LOANS IN 18 MONTHS

Here, I have outlined exactly how I paid off my student loans in 18 months. I had more than $48,000 of student loan debt that I once thought would drown me forever– I still can’t believe it! I’m here to share the things I did that made it all possible– and surprise! I did it …

debt repayment, student loans

SHOULD I CHOOSE AN INCOME BASED REPAYMENT PLAN OR PAY OFF MY STUDENT LOANS QUICKLY?

Is income based repayment right for me? Is a standard payment plan right for me? What is my best option for paying off student loan debt? These are some of the questions I was stumped by when we graduated from dental school and law school. Our student loan situation presents some unique challenges. For example, never …

Income Based Repayment, President Trump, Public Service Loan Forgiveness, student loans

President Trump’s Impact on Our Student Loans

The video version for my audio/visual friends: The wordy version for my friends reading this at work, trying not to get caught:  This election seemed to really divide people into two groups: 1) people who hate Donald Trump and 2) people who hate Hillary Clinton more than the people who hate Donald Trump. There is …

debt repayment, repaymet plan, student loans

OUR STUDENT LOAN REPAYMENT PLAN

We are literally saving hundreds of thousands of dollars on our student loans. And it is actually easier than you might think. OUR STUDENT LOAN REPAYMENT PLAN: The video version:  The quick version: STEP ONE: Forego our grace period and sign up for REPAYE. STEP TWO: Start making student loan payments immediately. STEP THREE: Refinance with a private …

debt, finances, student loans

OUR STUDENT LOAN DEBT STORY

When we started dating in 2007, we were both exactly $0 in debt. Over the last decade, that beautiful $0 ballooned into a colossal $600,000. The question that we get asked all too often– how did this happen? How we ended up with $600,000 in debt After getting married, we graduated with our bachelor’s degrees in …

student loans

HOW TO COPE WITH STUDENT LOAN DEBT STRESS

Our student loan debt is literally keeping me up at night.  Ever since Danny graduated, we have been feeling the crippling weight of our student loans. I feel the greatest effects late at night, usually around 2:00 or 3:00 am. I guess that is technically the morning. I toss and I turn and then I …

dental student, law school, medical student, student loans

WHAT YOU SHOULD UNDERSTAND ABOUT STUDENT LOANS

  Thirteen years ago, times were much more simple. Donald Trump had just landed his first reality tv gig with The Apprentice (his second being his presidential campaign, ’cause did you see the most recent Presidential debate?) America was still united in the aftermath of 9/11. I had just started the eleventh grade. I lived with …

finances, student loans

5 MISTAKES WE MADE WITH OUR STUDENT LOANS

  We took too long to graduate.  Despite the AP courses and credits we earned before college which should have allowed us both to graduate early, it actually took me (Amber) 5 years to graduate. It took Danny 6. What the heck were we doing? Not a lot of buckling down and getting after it, that is for sure. …

debt, debt snowball, finances, financial freedom, financial peace, student loans

HOW WE ARE GOING TO PAY OFF OUR STUDENT LOANS IN 5 YEARS (6 EASY WAYS TO PAY OFF DEBT)

(1) Keep your day job. We’ve seen lots of folks quitting their day jobs to pursue their passions full time. It seems that a lot of of millennials are looking for ways to beat the 9 – 5. I can DEFINITELY respect and aspire to that journey, but in the mean time, we are keeping the jobs …

debt, dental student, finances, financial freedom, financial peace, student loans

The Road 2016

[The following blog post is part of The Road to Financial Wellness blog tour. The Road to Financial Wellness is a three-month, grassroots campaign promoting financial empowerment on a national level and encourages people to pursue their dream lifestyle. Find out more about local events near you.]   To me, financial empowerment means freedom, expressed in …