All in Debt Free
After graduating in 2019, I was already overwhelmed with the idea of student loan debt looming over my head and my budget, so I set a goal to pay off my student loans before my 30th birthday. In this post, I share with you an update and how the forbearance has dictated my payoff strategy.
A No-Spend Challenge is self induced commitment or challenge to one’s self to not spend money in a certain period of time. No-Spend challenges can range from one week to a month, or whatever you heart desires.
I actually did this last year, but I basically gave up online spending for 40ish days. This year, I wanted to do the same as a way to challenge myself and practice self-restraint, but also give my wallet a break.
Here are some of my observations from my no-spend challenge.
Friends, today, I’m sharing a giveaway I found on a whim, which could be worthwhile for many people.
Fidelity is running a Student Loan Giveaway through their new finance learning app Fidelity Spire.
Giveaway ends December 8, 2020.
“Make a specific birthday wishes and write it down. You will be amazed about the power of pen and inner strength to accomplish the wishes.”
By the time I had finished my masters degree last year (2019), I had accumulated over $33,000 in debt just from student loans. After reviewing the payoff schedule, it estimated that I would pay off my debt by the time I was 43. That’s when I decided I hated that plan. Instead, here’s my plan to pay off by debt by the time I’m 30, which is 5 years away.
