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Tag: Debt

Why You Need to Reward Yourself While You Pay Back Debt

Why You Need to Reward Yourself While You Pay Back Debt

As you may know, I’ve been paying my student loans aggressively for the past year now. While there will always be room for improvement, I’m proud of the progress I’ve made so far. I went from a six-figure debtor to a five-figure debtor exactly one year since I started my loan payments. While I consider my frugal habits to be the number one reason for why I was able to put $73,000 into loan payments in one year, I also…

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How I Got Into $200,000 Debt

How I Got Into $200,000 Debt

Responsible. That’s a word that gets thrown around by people who know me, but from the title of this blog post, many will assume that I am anything but, especially where money is concern. So how did I amass this much debt? Student loan is the answer as you may have expected. After graduating from undergrad, I went right into graduate school where the cost of tuition per year was $45,000 for my first year up to $50,000 when I finished. That was tuition by itself without the added cost of…

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