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Paid off student loans

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    Paid off student loans

    We did it, I was faltering for some time there but we did it! Wife and I paid off $330k in debt over 3yrs, $240k in student loans, 40k in Credit cards, 50k in cars
    all thats left is 90k in mortgage... what a relief!

    #2
    Congratulations! That's quite an accomplishment to be proud of.
    Steve

    * Despite the high cost of living, it remains very popular.
    * Why should I pay for my daughter's education when she already knows everything?
    * There are no shortcuts to anywhere worth going.

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      #3
      Wow, that's impressive! Strong work! You must be highly compensated (I'm being sarcastic).

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        #4
        We made $150k the first yr then 300k and now we make 420k

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          #5
          Amazing accomplishment! Congratulations.

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            #6


            Simply amazing, congratulations.

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              #7
              Congratulations! I hope to have a post like this soon.

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                #8
                Great Job.

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                  #9
                  wow that's amazing...congrats!

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                    #10
                    Tell us your secret....how did you do it?
                    Got debt?
                    www.mo-moneyman.com

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                      #11
                      No real secret we just decided to send a set amount to debt every month then when one debt was finished we rolled the previous payment towards the next debt, Dave Ramsey's total money makeover book describes the technique(debt snowball), the key is to be gazelle intense. We were not as intense towards the end (last 6 months) but we made it. And a monthly budget is key with agreement from spouse!

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                        #12
                        First, congratulations!!!! Wow, you've really given me inspiration and hope, which is what I needed today.

                        May I ask? What field are you and your wife in? Curiosity's got me With that amount of SL debt and your incomes, I want to guess MD or JD, but I don't know... (you don't have to tell if you don't want to )

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                          #13
                          Congrats!!!!WOW!
                          Got debt?
                          www.mo-moneyman.com

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                            #14
                            I am MD, wife is has MBA and is a financial planner

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                              #15
                              Originally posted by beenster View Post
                              We did it, I was faltering for some time there but we did it! Wife and I paid off $330k in debt over 3yrs, $240k in student loans, 40k in Credit cards, 50k in cars
                              all thats left is 90k in mortgage... what a relief!
                              Wow! I'm very impressed. How did you do it?

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