Hi Everyone! Just popping in to give an update on my situation. 1 year ago when starting my job i was 50k in the hole on my student loan debt. This debt was hanging over my head and too much to take, i came to this subreddit to seek advice and give my situation. I had about 15k saved up at the time and i was asking if i should invest the money, i was overwhelmingly told to pay down my debt. I went with that advice; and it changed my perspective on tackling the loan. Since that initial pay down I have been aggressively paying it down every month. Today i made another 4k pay down, putting my current Balance at 25k. I only make 55k a year, so making this happen has been a wake up call that you dont need as much money as you think you do. Once i have paid this off i will continue to save and start putting the money that would have gone to student loans into a Roth IRA (already have a 401k with 12% of my annual income going into it). Anyone reading this with debt up to your eyeballs, you can do it. It feels so good once you get the ball rolling. Save save save. Thanks all
Submitted September 21, 2017 at 05:13PM by BCN10 http://ift.tt/2fDopdm
