Category: Student Loan Debt
-
Podcast Episode 2 Sharing My Embarrassing Money Moron Moments and How Podcasts Saved My Financial Life
Although my About OMG My Money page has details on my personal finance journey, I think hearing the money moron moments directly provides another layer of OMG-ness. In this episode I share my embarrassing personal finance disasters, how I became debt free, and how podcasting saved my financial life. Why Start OMG My Money I…
-
Best Ways to Pay Off Student Loans Faster
I am very excited to have this guest post from Rakshitha.N, a financial writing expert. Contact me if you are interested in contributing or advertising (on the cheap!). Paying off student loans requires time, hard work, and money. Fortunately, there are many options you can choose from to pay off your student loans faster. By trying various…
-
A Look Back One Year Later After Paying Off My $77,000 Student Loan Debt and Becoming Debt Free
Over a year ago, I became debt free by paying off my massive $77,000 student loan debt. If you are unfamiliar with my money moron journey, I took out four years of student loans without saving money, missed payments resulting in my student loans defaulting during my 20’s, and got my act together in my…
-
How The Debt Avalanche Method Can Help to Pay Off Your Debts
I am very excited to have this guest post from financial writer, Good Nelly. Contact me if you are interested in contributing or advertising (on the cheap!). Are you struggling to repay your multiple credit cards and other bills? Do you want to repay your debts on your own? If so, you can select the debt…
-
How I Stayed Motivated To Pay Off My Massive Student Loan Debt
During my journey to pay off my massive student loan debt, the toughest thing for me was the motivation. I was lucky enough to be in a position (no kids, single, disposable income, minimalist lifestyle) in which I could afford to pay more than the required minimum monthly payment. When you have a large debt…
-
How I Paid My $77,000 Student Loan Debt
$76,524.22 was the exact student loan debt amount I fully paid off. I wanted to lay out what my student loan debt payoff plan was. The amount of time it will take to pay off your debt will depend on numerous factors, but hopefully there are some tips here that you will find helpful. 5…
-
My $77,000 Student Loans Are Fully Paid Off After Defaulting!
I fully paid off $77,000 ($76,524.22 to be exact) in student loans! If you want to skip to how I paid it off, scroll to the bottom =) What a weight off my shoulders. One of my many money moron mistakes I made in my 20s can finally be put in the past. I went…
-
Getting Closer to Paying off My $77,000 Student Loan Debt Payoff December Progress Update
Thanks to a variety of personal finance and side hustle podcasts, I have been motivated more than ever to pay off my student loan debt. In my 20s I defaulted on my student loans and I have been paying the price on that mistake ever since. I am now on pace to pay off my…
-
My 5 Biggest Money Mistakes
I have made some of the worst money mistakes any person can make. It took me at least 10 years to recover from these money mistakes in my 20s and I have been paying for these mistakes to this day. What are your worst financial mistakes and how have you or are you recovering? Here…
-
My $77,000 Student Loan Debt Payoff November Progress Update
Ever since I set my student loan debt payoff goal of March 2019, I have been motivated more than ever to continue seeing my student loan debt shrink and eventually paid off. I have been paying a bit more on top of the $2,300 a month I currently pay thanks to my side hustles. Although…
-
My $77,000 Student Loan Debt Payoff Goal March 2019
Back in July (2018), I wrote a post about getting motivated to pay off my student loan debt. In that post I did not set a specific date and simply noted that I wanted to pay a little extra per month. I had a great start last month in August paying an extra $9,600 towards…
-
My 3 Year Financial Plan
I have to admit, the older I get the less I want to think about long term plans. Similar to how I have been thinking about how the next Olympics is X years away and how old I will be. I am getting closer to the big 4-0, which is crazy to think about. Back…
-
My $77,000 Student Loan Debt Progress as of August 2018
I am sure you have seen the articles about how the average college graduate has a 5 figure student loan debt amount. Here is an article from CNBC for a refresher. I ended up owing a 6 figure student loan debt upon graduation and defaulted. Fast forward more than 10 years and I still owed…
-
11 Biggest Debt Traps
What are some of the biggest debt traps? The word debt is about as cringe worthy as it gets. I am certainly caught in some of these debt traps. This post is inspired by this 2 Cents Lifehacker article.I hope many of you are in the process of getting out any of these 11 debt…
-
My 9 Top Money Saving Rules
What are your favorite top money rules that you (try to) follow? I referenced blog posts from NerdWallet, The Simple Dollar, and The Practical Saver to create my top money rules. My 9 top money rules Pay yourself first – a lot of the financial gurus, ninjas, influencers preach this. Whether you work a traditional 9-5…
-
One of the Best Ways to Get An Extra Income
What are your favorite side hustling gigs? I would love to explore new side hustle ideas outside of ebay or similar resell ideas. I have a side gig of buying and selling sports trading cards. Well, it is not so much a gig as it is a hobby. Here too is another money moron mistake…
-
Getting Motivated to Accelerate Paying off My Student Loan Debt
In my 20’s I ignored my massive student loan debt and eventually went into default. One of the worst possible things financially you can do. I went into default only a few years out of college. This is the reason I started this personal finance blog. For cringeworthy money moron moments, give the post a look for…
-
Top 3 Things I Would Do Differently When Applying to College
I made financial mistakes. Cringe worthy financial mistakes. Admittedly voluntary because I had no financial intelligence. Being a money moron started when I was considering college. In my previous post about the top 5 financial things to consider when applying to college, I did not fully provide my point of view. I am a firm…
-
Top 5 Financial Considerations If Applying to a Four Year University
What I write in this post is purely from my own experiences. I am not a financial guru. I am not a financial ninja. I do not do interviews or guest posts. I am passionate about my full time job as VP, Digital Marketing. But. I am a money moron. I am here to share…
-
A Money Finance Blog – Beginnings of a Money Moron
I am a money moron. I REALLY am. I kid you not. Hear me out. It started when I was applying for college. Apparently I decided during my junior/senior years that I was going to get into MASSIVE student loan debt by attending an out of state 4 year Big 10 university. Apply for scholarships?…
Best Sellings
Latest Posts
- Book Recap Series: How to Invest in Real Estate by Brandon Turner, Joshua Dorkin
- Book Recap Series: The ONE Thing by Gary Keller, Jay Papasan
- Book Recap Series: The Tipping Point by Malcolm Gladwell
- Book Recap Series: Think and Grow Rich by Napoleon Hill
- Book Recap Series: How to Win Friends & Influence People by Dale Carnegie
