Tag: debt
-
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…
-
7 Tips About Using 0% Financing from a Credit Card Marketer
I am sure most of you have come across a 0% financing offer typically when buying large ticket items such as electronics (TVs, cameras), large appliances, jewelry, mattresses, and furniture. 0% financing is also referred to as 0% promotional financing or “no interest if paid in full”. You might also come across 0% financing offers…
-
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…
-
7 Reasons You Should Have a Side Hustle to Make Extra Money
Having a side hustle to make more money is a great way to achieve your financial goal. Aside from tightening your belt a bit more and squeezing every single dollar out of your income, budgeting will only take you so far. Here are 7 reasons to have a side hustle to increase income 1. Pay…
-
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…
-
OMG Favorite Personal Finance Blog Posts of the Week Featuring Debt Experience vs Debt Knowledge, Procrastination, and Ego
For this week I rounded up the following blog posts that I enjoyed reading. OMG My Money’s favorite personal finance posts of the week (My first contribution! Thanks Michelle and Howard for letting me be part of this!) Which is better for getting out of debt, experience or knowledge by Debt.com – click here My take…
-
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…
-
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…
-
Why I Am Happy I Chose to Attend An Out of State Big 10 University
As a self professed money moron (I was and partially still am), attending an out of state college was one of my biggest financial regrets. It would not be a blog without the flipside, right? I try not to be such a negative person and when it comes to finance, you have to think beyond…
-
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…
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
