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When Student Loans Bite Back

This year, I finally paid off my student debt. I’m lucky enough to have parents who paid for my education costs upfront, then let me pay them back in my own time, interest-free. For many students, this is not the case. There are countless stories of people who dutifully send monthly payments toward loans, only to find out years later …

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How I paid off $35K of student debt in 3 years

I. AM. DEBT. FREE! At long last! In my last update in April, I had paid off $30K in student debt out of $35K. That means, in just two months, I managed to save up the final $5K. My total repayment period? Just under three years; from July 2014 to June 2017. This puts me a little ahead of my …

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Student debt: $5K down, $5K to go!

The last update I gave on my student debt was back in September and was also one of my very first posts on this blog. I am now happy to report that my outstanding debt has dropped from $10K to $5K!

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What I did with my tax refund

It’s April, which means tax returns are due! I had to file taxes in three different states for 2016, which ended up being quite a pain. That said, I got roughly $1,000 in tax refunds, which is incredibly exciting! I’m excited mostly because it was almost going to be just $300 before I realized that I was double-taxing myself in two …

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Why it makes sense to pay off your debt first

So you’ve got a full-time job and can manage to save some money every month. You want to take those savings and invest them somewhere where they’ll get a high return – but wait, there’s this thing called debt that’s hanging onto you. Even if you’re comfortable with investing and are confident that any gains you receive from investing will outweigh …

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How I paid off $25,000 in 2 years

Student debt is the worst kind of debt. Let me clarify. Student debt is the worst kind of debt I have.  In general, I rank student debt better than credit card debt and personal loan debt (if you have those, pay them off immediately!), but thankfully I’ve never had to worry about that. My parents made a deal with me and my siblings: they …