My plan to pay off $60,000 of Student Loans Debt | Debt Pay Off Journey | Budget + Savings
Today I’m sharing my student loan debt pay off plan. We are not going gazelle intensity as Dave Ramsey would say. We recently paid off over $50,000 of credit cards debt and we definitely feeling debt fatigue. This year we…
Today I’m sharing my student loan debt pay off plan. We are not going gazelle intensity as Dave Ramsey would say. We recently paid off over $50,000 of credit cards debt and we definitely feeling debt fatigue. This year we are planning on taking it slow and putting over $1,500 from our salaries to pay off the first $20,000 of student loans debt.
My debt story: January 2021 my husband and I started our debt free journey. In the past two years, my husband and I have experienced many unexpected life events. We dealt with 3 layoffs, family emergencies, medical emergencies, and an unexpected cross country move. Due to these, we have accumulated 6 figures in debt. Our goal is to stop the cycle of living paycheck to paycheck and continue working on our journey to reach financial independence.
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